- Neste aims to establish an algae pilot production facility in Spain.
- The project is currently in the planning phase with no final investment decision made yet.
- Spain was chosen for its local algae expertise and favorable environment.
- Neste has over 15 years of experience in algae research and development.
Project Overview
Neste is planning to establish an algae pilot production facility in Spain to enhance its global raw material pool. The project is currently in the planning phase, and no final investment decision has been made yet.
Objectives
The pilot aims to develop and demonstrate algae cultivation and processing, diversifying Neste’s renewable raw material portfolio with scalable and sustainable options. This initiative supports Neste’s growth and transformation by offering lower-emission solutions to meet global demand.
Location and Rationale
Spain was selected for its local algae expertise, favorable environment, and robust infrastructure. The country’s central location and ability to utilize non-arable lands and sea water for algae cultivation make it an ideal choice for the pilot.
Experience and Expertise
Neste has over 15 years of experience in algae research and development, including numerous lab and field experiments. This extensive background positions Neste to effectively advance algae as a significant component of its renewable raw material pool.
Future Development
Neste invests heavily in R&D for future raw materials and technologies needed for renewable and circular solutions. The company’s innovation platforms focus on sustainable materials like lignocellulosic waste, municipal solid waste, renewable hydrogen, and Power-to-X technologies.