Technip Energies wins two contracts for Neste’s Rotterdam projects
Technip Energies has been awarded two contracts by Finnish Neste Oyj for work on the development of their renewables production platform in Rotterdam as part of the existing partnership agreement between it and Neste.
The first contract covers Engineering, Procurement services and Construction management (EPCM) for the modification of Neste’s existing renewables production refinery in Rotterdam to enable production of Sustainable Aviation Fuel (SAF). The modifications to the refinery, an investment of approximately EUR 190 million, will enable Neste to optionally produce up to 500,000 tons of SAF per annum as part of the existing capacity.
The second contract covers the Front-End Engineering and Design (FEED) for Neste’s potential next world-scale renewable products refinery in Rotterdam. This contract is part of Neste’s preparations to enable a final investment decision by its Board of Directors, targeted for the end of 2021 or beginning of 2022.
The production process is based on Neste’s proprietary NEXBTL state-of-the-art technology, which allows the conversion of waste and residue feedstock into renewable products like renewable diesel, Sustainable Aviation Fuel and renewable solutions for the polymers and chemical industry.
Marco Villa, Chief Operating Officer of Technip Energies, stated: “These awards reinforce our long-standing relationship with Neste, which started with the delivery of two world-scale renewable fuels units in Rotterdam and Singapore and followed up in 2018 with the Singapore expansion project."
"We are proud of the partnership signed with Neste in 2019 targeting the quest for renewable fuels by means of Neste’s leading-edge technology. This confirms the commitment by both parties to contribute to the energy transition supported by today’s market trend.”
Technip Energies is a world-leading engineering and technology group with special expertise in LNG. The company leverages its engineering expertise and technologies to develop new projects in hydrogen, sustainable chemistry, biofuel and CO2 management/decarbonisation. Operating in 34 countries and employing over 15,000 people the company is committed to play a significant role in accelerating the energy transition.
Neste Oyj is an oil refining and marketing company located in Espoo, Finland. It produces, refines and markets oil products, provides engineering services, and licenses production technologies. Neste has operations in 14 countries and is listed on Helsinki Stock Exchange.
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