Neste to invest $2 bln in renewable products refinery in Rotterdam

Reuters

Updated: 27-06-2022 23:52 IST | Created: 27-06-2022 23:52 IST

Finnish biofuel producer Neste said on Monday it will invest 1.9 billion euros ($2.01 billion) in a new major renewable fuel refinery in the Dutch port of Rotterdam.

The investment in the Rotterdam refinery will expand Neste's renewable product capacity by 1.3 million tons per annum, the company said.

($1 = 0.9444 euros)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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