- Investment of approximately EUR 1.9 billion will expand capacity by 1.3 million tons per annum.
- Total renewable product capacity in Rotterdam will reach 2.7 million tons annually, including 1.2 million tons of SAF.
- New production unit is targeted to start up in the first half of 2026.
- Global production capacity will increase to 6.8 million tons by the end of 2026.
Investment and Expansion
Neste Corporation has decided to invest approximately EUR 1.9 billion to expand its renewable products production capacity in Rotterdam. This expansion will increase the refinery's capacity by 1.3 million tons per annum, bringing the total capacity to 2.7 million tons annually. The new production unit is expected to start operations in the first half of 2026.
Production Capabilities
The expanded capacity will include 1.2 million tons of sustainable aviation fuel (SAF) production capability. Neste's current capacity for renewable products in Rotterdam is 1.4 million tons, making it the largest in Europe. The expansion will significantly contribute to the company's ability to meet growing demand for renewable products driven by higher climate ambitions from customers.
Global Production Footprint
Neste's global production capacity for renewable products currently stands at 3.3 million tons annually. With the ongoing expansion projects in Singapore and a pending joint venture with Marathon in Martinez, CA, the total capacity is expected to reach 5.5 million tons by the end of 2023. Upon completion of the Rotterdam expansion, the global capacity will further increase to 6.8 million tons by the end of 2026.
Technological Advancements
Neste's proprietary NEXBTL™ technology allows for the flexible refining of high-quality renewable products from a wide variety of lower quality waste and residues. The new production line in Rotterdam, along with the Singapore expansion, will be best in class in terms of energy efficiency and raw material flexibility.
