08 Mar '11, 9pm

World's biggest renewable diesel plant opens in Singapore.

SINGAPORE - Finland's Neste Oil officially opened the world's biggest renewable diesel plant in Singapore yesterday, marking a milestone for the Republic, which is seeking to become a major energy and chemical hub. The €550-million (S$969-million) Singapore plant, operational since last November with about 120 employees, has the capacity to produce 800,000 metric tonnes a year of NExBTL renewable diesel. The clean fuel, produced from a mix of vegetable oils and waste animal fat, cuts greenhouse gases by 40 to 80 per cent throughout the whole product life-cycle. Neste Oil plans to export the clean fuel from the plant - which has obtained International Sustainability and Carbon Certification (ISCC) from Germany - to Europe, Canada and the United States, which already have legislation supporting biofuels. Speaking at the ceremony, Deputy Prime Minister and Defence Minister Te...

Full article: http://www.todayonline.com/Business/EDC110309-0000200/Wor...

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