Neste's total refining margin outlook to improve
Published by Poppy Clements,
Assistant Editor
Hydrocarbon Engineering,
Neste’s oil products’ Q323 total refining margin is expected to be significantly higher than it was in 2Q23.
Following the restart of the renewable diesel and sustainable aviation fuel (SAF) production at the Singapore refinery expansion in August 2023, the ramp-up has been slowed down due to a recent shutdown at the new line for additional equipment inspection and repair works.
The sales volume impact of the ongoing inspection and repair works is estimated to be approximately 100 000 t for 2H23, mainly impacting Q423 sales.
Read the article online at: https://www.hydrocarbonengineering.com/refining/12092023/nestes-total-refining-margin-outlook-to-improve/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Advario and Braskem Idesa inaugurate US$500 million ethane storage terminal in Veracruz, Mexico
Developed as a 50 - 50 partnership between the two companies, the terminal marks a major milestone in Mexico’s energy and petrochemical infrastructure.