Neste Oil to build a US$1 billion NExBTL plant in Rotterdam
Source : greencarcongress.com
Neste Oil will build an 800'000 tonne/year (about 240 million gallons US) plant to produce NExBTL renewable diesel in Rotterdam in the Netherlands. Construction will start immediately and the facility is scheduled to be completed in 2011. Total cost of the investment is projected to be €670 million (US$1 billion). Neste Oil announced its decision to go ahead with a similar-sized plant in Singapore in November 2007. Both plants are linked to Neste Oil’s goal of becoming the world’s leading producer of renewable diesel fuel. The plant will be based on Neste Oil’s proprietary NExBTL technology for the high-pressure hydrotreatment of fatty acids — a second-generation biofuel process that produces a pure hydrocarbon fuel (bio-hydrocarbon).
