Latest Addition to Company’s Roster of NEXBTL Renewable Products
Neste has broken ground for a facility in Rotterdam it says will be the first to produce propane, aka LPG for liquefied petroleum gas, from renewable feedstocks. The 60 million euro plant ($67 million U.S. at current rates) is to be ready in late 2016. Output will initially will be available in Europe.
“Today is the start of the building phase of our project to make a new renewable product, Bio LPG, a reality,” Neste renewable products executive VP Ms Kaisa Hietala said in a release.
“For us it represents an important step in implementing our renewable product strategy,” she said. We have developed an innovative renewable product family based on our NEXBTL production technology. Bio LPG is the latest addition to our list of renewable products.”
OK for Propane Autogas Vehicles
“Bio LPG can be used within a full range of existing LPG applications, from transport and commercial heating to retail leisure cylinders,” Neste says. It “will enable users of existing fossil fuels to reduce their carbon footprint without any modifications to existing gas applications technology.”
Already Approved in Britain
The new facility will have a production capacity of 40,000 metric tons per year of Bio LPG. SHV Energy will be the exclusive distributor, Neste says, supplying the 160,000 metric tons over four years. SHV has already secured Renewable Transport Fuel Certificates (RTFCs) for Bio LPG in the UK and “is working with customers and policy makers in France, Germany, the Benelux countries, Scandinavia, and Ireland on similar schemes.”
SHV Energy is based in The Netherlands and operates in more than 20 countries.
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Source: Neste with Fleets & Fuels follow-up