Singapore refinery

Singapore refinery at night

Neste’s Singapore presence started in 2007 with the announcement to build the world’s largest renewable diesel refinery in the country

The refinery, which occupies 19 hectares of land, was set up in Tuas in 2010 with 120 employees. This was Neste’s first significant investment in Asia and Singapore was selected based on its world-class logistics connectivity, which enables seamless transportation of raw materials and renewable products into Asia and around the world.

Founded in 1948, Neste's original intent was to secure Finland’s energy supply by producing oil products. The company made a bold and strategic decision in the early 2000s to invest in solutions to combat climate change, by focusing on renewable fuels. This ultimately led to the first renewable refinery in Singapore as part of the company’s transformation journey.

2.6M tons

Annual production capacity

1M tons

Sustainable aviation fuel (SAF) production capability annually

Innovations and investments in Singapore

Over the years, Neste continued to innovate and invest in the growth of the Singapore refinery. 

  • The production capacity of the existing refinery was gradually increased to 1.3 million tons annually from its original design

  • Besides renewable diesel, Neste also produces renewable raw materials for the polymers and chemicals industry to help them reduce crude oil dependency while also tackling climate change and plastic waste challenge

  • Waste and residues account for over 90% of our renewable raw material inputs globally

  • At the end of 2018, Neste announced its an decision to expand the Singapore refinery, more than doubling its existing land area to 45 hectares in total

The construction of the Singapore Expansion

The construction of the Singapore Expansion Project started at the beginning of 2019, and operations started in April 2023. The EUR 1.6 billion investment provides Neste with additional production capabilities.

  • On top of renewable diesel and renewable feedstock for polymers and chemicals, we also added production capability of sustainable aviation fuel

  • The expanded refinery increases the Singapore refinery's total production capacity to 2.6 million tons annually, including up to 1 million tons of sustainable aviation fuel

  • The refinery has additional capabilities to process more challenging wastes and residue raw materials and will have its own hydrogen production unit

The successful Singapore Expansion Project makes our Singapore refinery the world’s biggest renewable diesel refinery, as well as the world's largest producer of sustainable aviation fuel, in terms of capacity.

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