Neste, the world’s leading producer of sustainable aviation fuel, renewable diesel, and renewable feedstock solutions for various polymers and chemicals industry uses, is planning to establish an algae pilot production facility in Spain. With this pilot, Neste would develop and demonstrate algae cultivation and processing.
“By harnessing algae as part of our future raw material pool, we continue to diversify Neste’s renewable portfolio with new types of scalable and sustainable raw materials,” said Lars Peter Lindfors, Executive Vice President of Innovation at Neste. “The pilot in Spain will lay the foundation for advanced research and commercialization of algae and related technologies. Novel raw materials support our growth and transformation, enabling Neste to offer lower-emission solutions for the growing global demand.”
“The future for algae is driven by sustainability as it offers a high biomass yield and opportunity to be developed on non-arable lands, and in cultivation with a possibility to utilize sea water,” he said. “Due to its great greenhouse gas emission saving ability, EU and US regulations support algae as a low-emission raw material for renewable fuels, polymers and chemicals.”
Neste to offer lower-emission solutions for the growing global demand…
Spain was identified by Neste as a suitable location due to its local algae expertise, favorable environment, and central location, in addition to robust infrastructure.
Though founded more than 70 years ago, with a defined purpose of providing oil and fuel security to Finland, the company also remains committed to breaking fossil fuel’s 100-year chokehold across North America by reimagining how trucks drive, planes fly, and plastics are made.
Neste invests the majority of its annual expenditure in research, development, and testing of future raw materials as well as technologies that are needed for their use in renewable and circular solutions. These include lignocellulosic waste and residues, algae, municipal solid waste, renewable hydrogen and Power-to-X which utilizes renewable electricity to convert CO₂ into fuels and chemicals.
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