The ramp-up of the production at the expanded part of the refinery continues and is planned to be completed by the end of the year. SAF production in Singapore is scheduled to start during the third quarter as communicated in Neste’s half-year report in July.
The Singapore refinery expansion doubles Neste’s production capacity in Singapore. With the growth projects in Singapore and Martinez, the company targets to increase its total nameplate capacity of renewable products to 5.5 million tons in early 2024.
The expansion of Neste’s Singapore refinery was completed and production at the expanded part of the refinery initially started in April 2023.
Co-processed marine fuel to Swedish market. Separately, Neste announced that it and ScanOcean have brought Neste’s co-processed marine fuel enabling lower greenhouse gas (GHG) emissions to the Swedish market. The first shipment of nearly 600,000 liters (500 metric tons) is now available at the Södertälje terminal for vessels bunkering in the Stockholm area as well as those in transit to Lake Mälaren.
Neste Marine 0.1 Co-processed helps the marine sector start reducing its dependency on fossil fuels as the fuel produced by Neste consist also of renewable content. In the production of the fuel, crude oil is partly replaced with renewable raw materials. The renewable part of the co-processed marine fuel enables up to 80% lower greenhouse gas (GHG) emissions over the fuel’s life cycle compared to fossil fuel. It is an ISO 8217 compliant and ISCC PLUS certified marine fuel.
n addition to the Swedish market, Neste Marine 0.1 Co-processed fuel is available in Denmark and Finland. The composition and performance of Neste Marine 0.1 Co-processed marine fuel is similar to conventional marine fuel.
