Coping with uncertainty in the biofuels sphere

Carrie Song, senior vice-president commercial, renewable products, Neste, speaks to Biofuels International about the latest biofuel developments.
How buoyant is the US market for renewable diesel (RD) produced by Neste?
Neste has been providing renewable diesel to help heavyduty sectors in the US reduce reliance on fossil diesel since 2012. Over the past decade we’ve seen growing interest in renewable diesel and more adoptions from businesses in various sectors. This increase in demand is driven by two major factors. Firstly, supportive policy frameworks, including the federal 40A and 40B tax credits, the RFS programme, and state LCFS programmes and secondly, the bold leadership of businesses to adopt lower-carbon technologies and sustainable practices.
How is the company meeting the demand for renewable diesel?
Neste today has a global productioncapacity of 1.9 billion gallons (5.5 million tons) of renewable products. This is a result of Neste’s efforts in expanding production in both our Singapore and Rotterdam refineries. The Singapore refinery expansion was concluded in 2023, and the Rotterdam...