07 May 2012

Neste Oil's S'pore plant gets nod to export to US

 Finnish refiner Neste Oil - which recently supplied the first batch of its NExBTl renewable diesel to the US market - said that its $1.2 billion Singapore plant has also just been certified by the US to export there. Disclosing this in its latest Q1, 2012 financial report, Neste's president and CEO, Matti Lievonen said that "legislative work to open up new markets has proceeded and we shipped our first cargo to the US, marking an important milestone"

(The Business Times, 01 May 12)