Sustainable Plastics - November/December 2021 - 15

to Neste's profit. As well, the development
of the business was
also stimulated by new regulations
on EU level. It became
more and more clear that the
decision taken many years earlier
turned out to be just right. "
Leading the way with
renewable diesel
Neste's initial renewable products
refinery in Porvoo was
followed by a second unit there
in 2009; the company's renewables
refinery in Singapore
opened a year later. A new facility
was started up in Rotterdam
in 2011. Initially known as
NEXBTL or Neste Renewable
Diesel, and now called Neste
MY Renewable Diesel, the
product is generally recognized
as the cleanest and highest-quality
renewable diesel on
the market today. It is a hydrocarbon
product, free of oxygen
and aromatic compounds.
In 2010, the EU Renewable
Energy Directive was implemented,
setting a 10% renewable
energy target for transport
by 2020 for each member state.
Neste headquarters
in Espoo, Finland
The future of renewable diesel
looked set for success. However,
using crop feedstock next to
waste and residues also gave
rise to other issues, in particular
in the discussion about palm oil.
Palm oil used to be the principal
(90%) feedstock used by
Neste. Thanks to its NEXBTL
refining technology, which has
provided the company a competitive
advantage by enabling
usage of even lower-quality
waste and residues as raw materials,
Neste has significantly
increased the share of waste
and residues in its refining over
the past decade. In the first
half-year of 2021, waste and
residues represented over 90%
of Neste's renewable raw material
inputs globally while palm
oil represented less than 7%.
Neste plans to reduce the share
of palm oil to 0% of its global renewable
raw material inputs by
the end of 2023.
Neste's refineries are all ISCC-certified
and capable of
producing also increasing volumes
of renewable aviation
fuel in the future. The question
is, these are big investments in
renewable fuel technologies -
what about the ongoing trends
in mobility, such as electric or
hydrogen powered vehicles?
" It's a great step forward to
have transport increasingly
moving into electrical vehicles, "
said Mercedes Alonso. " The
point we are making with our
renewable diesel and other renewable
fuels is that we can do
this now - and we can do this
at a larger scale. Producers of
cars around the world have
continued on page 16
We are Future-Positive
The world needs change-makers.
The planet and all life on it demands progress; that means
re-thinking the way we live to be ever-more sustainable.
So welcome to our reinvention.
With a spirit of innovation and partnership as our driving
force, we're putting advanced plastic and base chemical
solutions to work, to power our customers' progress and to
bring a circular and climate neutral future closer for us all.
www.borealisgroup.com
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