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Neste is not using palm oil as a raw material for renewable aviation fuel

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Hydrocarbon Engineering,

Responding to recent Biofuel Warch report, Neste have clarified that it is not using palm oil as a raw material for renewable aviation fuel. As stated consistently in previous communications, Neste utilises a diverse portfolio of raw materials with an ever-expanding focus on waste and residue as sources of feedstock for their renewable products. Waste and residue fats and oils account for nearly 80% of the renewable raw materials the company uses annually. Its main R&D focus is on finding new, even lower quality wastes and residues and it is currently even exploring ways to start utilising liquified waste plastic as raw material.

The company’s announcement in December 2018 to invest in building additional production capacity at its Singapore refinery does not change the approach to raw materials; it will continue focusing on waste and residue raw materials. The project in Singapore will also include additional capacity to pre-treat waste and residue raw materials.

Neste believe sustainable biofuels have a significant role to play in meeting ambitious climate goals, particularly in those segments of the transportation sector that are difficult to decarbonize such as heavy transport, aviation, and marine.

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