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Neste opens office in Australia to support feedstock sourcing operations

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Renewable diesel producer Neste has opened an office in Melbourne, Australia to support the company’s waste and residue raw material sourcing operations in Australia and New Zealand.

“The opening of our new office in Australia marks another important step in Neste’s global growth strategy,” commented Matti Lehmus, executive vice-president of renewables platform at Neste. “Our aim is to become a global leader in renewable and circular solutions. By opening a local office, we are better placed to cooperate closely with our partners to secure the supply of waste and residue raw materials. This in turn enables us to serve the growing global demand 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 in Singapore, the Netherlands and Finland have a combined annual capacity of almost 3 million tonnes. Expansion at the Singapore refinery will bring the total production capacity to 4.5 million tonnes per year in 2022.

The company’s Australia office is registered as a fully-owned subsidiary of Neste, located in the city centre of Melbourne.