Finnish biofuel producer and oil refiner Neste has chosen the Dutch port of Rotterdam as the location for its next renewable products refinery. Neste said the new plant will be around the same size as the 1.5 billion euro ($1.79 billion) refinery expansion it is currently building in Singapore, which the company described as its biggest investment so far.
Royal Dutch Shell will join a consortium of world-leading companies comprising Air Liquide, Nouryon (formerly AkzoNobel Specialty Chemicals), Enerkem and the Port of Rotterdam as a partner in Europe’s first advanced waste-to-chemicals facility in Rotterdam, the Netherlands. Shell will become an equal equity partner in the proposed commercial-scale waste-to-chemicals (W2C) project, which will be the first of its kind in Europe to make valuable chemicals and bio-fuels out of non-recyclable waste materials.
Air Liquide, AkzoNobel Specialty Chemicals, Enerkem and the Port of Rotterdam signed a project development agreement covering initial investments in an advanced waste-to-chemistry facility in Rotterdam, Netherlands. The facility will be the first of its kind in Europe to provide a sustainable alternative solution for non-recyclable wastes, converting waste plastics and other mixed wastes into new raw materials.