Neste announced the opening of its expanded Singapore facility that will almost double Neste’s production capacity in Singapore and bring the total capacity to 2.6 million tons annually of which up to one million tons can be sustainable aviation fuel (SAF). Neste has invested € 1.6 billion for the expanded facility. Celebrating the grand opening, Matti Lehmus, President and CEO, Neste said: “This marks another important milestone in our renewables growth strategy execution. The completion of the construction of the refinery is a remarkable achievement given the complexity of the project and as it was carried out during a global
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