Renewable diesel producer Neste has set up office in Melbourne, Australia in a bid to support the company’s waste and residue raw material sourcing operations located in Australia and New Zealand.
The birth of the new workplace in Australia represents an important step in Neste’s global growth strategy, according to Matti Lehmus, executive vice-president of renewables platform at Neste. He further said that their aim is to be the number one in renewable and circular solutions. He further added that a local office makes them better prepared to cooperate closely with their partners to secure the supply of waste and residue raw materials. This would allow them to serve for the increasing want for low-carbon solutions in transport and cities, aviation, polymers and chemicals.
“Different waste and residues account for approximately 80% of our renewable raw materials globally. With our own proprietary NEXBTL technology, renewable products can be refined flexibly from a wide variety of low-quality raw materials while the end-products retain their high quality. They support our customers in reducing their climate emissions.”
Neste’s renewable diesel production facilities that are located in Singapore, the Netherlands and Finland put together have a capacity of over 300 million tonnes. Expansion at the Singapore refinery will shoot the total capacity of production by roughly 4.5 million tonnes.
The ne office located in Melbourne, Australia is registered as a fully-owned subsidiary of Neste.
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