Edition:
United Kingdom

Neste Says New Renewables Production Line Located In Singapore, If Project Proceeds


Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Neste Oyj ::NESTE CORPORATION - NESTE'S GROWTH PROGRAM FOR RENEWABLE PRODUCTS TAKES A STEP FORWARD.B‍OARD OF DIRECTORS HAS DECIDED THAT NESTE'S ADDITIONAL PRODUCTION CAPACITY FOR RENEWABLE DIESEL, RENEWABLE AVIATION FUEL AND RAW MATERIALS FOR VARIOUS BIOCHEMICAL USES WILL BE LOCATED IN SINGAPORE​.SAYS ‍DECISION INITIATES TECHNICAL DESIGN OF NEW PRODUCTION LINE, WITH AIM OF A FINAL INVESTMENT DECISION BY END OF 2018​.SAYS ‍IF PROJECT PROCEEDS AS PLANNED, PRODUCTION AT NEW PRODUCTION LINE WILL BEGIN BY 2022​.