Neste introduces co-processed renewable feedstock for polymers and chemicals

In Finland, Neste expands its offering for the polymers and chemicals industry by introducing a co-processed renewable feedstock under its established Neste RE brand. By co-processing renewable raw materials such as used cooking oil together with fossil crude oil in its conventional oil refinery in Porvoo, Finland, Neste is able to produce a complementary type of Neste RE, a drop-in feedstock for the production of plastics and chemicals. Replacing fossil crude oil with renewable raw materials leads to a feedstock with a reduced carbon footprint compared to conventional fossil feedstock used in the chemicals industry.
A mass balance approach will be applied to attribute the renewable raw materials used in the process as well as the related sustainability benefits to the Neste product, which encompasses pure hydrocarbons that can replace fossil feedstocks such as naphtha or propane in plastics and chemicals manufacturing.