CO2 recovery plant started commercial operation at Neste's refinery in Singapore
(Thomson Reuters ONE) -
Neste Corporation
Press Release
11 April 2016 at 1 pm. (EET)
CO(2 )recovery plant started commercial operation at Neste's refinery in
Singapore
A carbon dioxide (CO(2)) recovery and liquefaction plant built at Neste's
renewable products refinery in Singapore has started commercial operation. Since
the completion of its construction at the end of 2015 and start-up at the end of
March 2016, the plant has been recovering the CO(2)-containing crude gas that is
released as a by-product of Neste's renewable fuel refining process. The
recovery of CO(2) is expected to cut Neste's Singapore refinery's CO(2)
emissions significantly at an annual level, while simultaneously increasing the
refinery's resource efficiency and decreasing the carbon footprint of the
renewable products that Neste produces in Singapore.
The CO(2) recovery plant was started up on March 28(th), after which it has been
recovering on average 35 to 40 tons of CO(2) on a daily basis. The plant is
expected to reach full production capacity during fall 2016. Neste estimates to
supply the plant approximately 30,000 tons of carbon dioxide-containing crude
gas annually.
The CO(2) recovery plant is located at Neste's Singapore refinery in the Tuas
industrial area. The plant was constructed and it is operated by Neste's
Singaporean partner Leeden National Oxygen Ltd (LNOX), a subsidiary of Taiyo
Nippon Sanso Corporation from Japan.
"Neste is proud of the excellent co-operation with LNOX offering not only an
avenue to effectively utilize the by-products of the refining process, but also
enabling us to decrease both the carbon footprint of our refinery as well as
that of our renewable products," explains Bart Leenders, Vice President
Production, Renewable Products at Neste.
"LNOX is excited about the long-term and promising partnership with Neste
Singapore and aims to enable both companies to enhance energy efficiency in
their business, as well as to increase their operational yields in the course.
Currently the recovered CO(2) is utilized, for example, as raw material for
welding gas, but we also plan to certify it to be used as a food grade product,"
elaborated Simon Sim from LNOX.
Neste Corporation
Kaisa Lipponen
Director, Corporate Communications
More information:
Bart Leenders, Vice President Production, Renewable Products, Neste, tel.
+31 181 35 4100
Simon Sim, Vice President, Gas Operations, LNOX, tel. +65 6663 0551
Neste in brief
Neste is a pioneer in oil refining and renewable solutions. We provide our
customers with premium-quality products for cleaner traffic and industrial
products based on world-class research. We are the world's leading producer of
renewable diesel, and our annual production capacity is more than 2 million
tons. We also are the world's largest company providing renewable fuel from
waste and residues. Our sustainable operations have received recognition in the
Dow Jones Sustainability World Index and the Global 100 list of the world's most
sustainable companies, among others. Our net sales for 2015 amounted to
approximately EUR 11 billion, and our shares are listed on NASDAQ Helsinki.
Cleaner traffic, energy and life are moved forward by about 5,000 professionals.
More information: neste.com/en
LNOX In brief
Established in 1964, Leeden National Oxygen Ltd is Asia's leading integration
specialist in welding, gas and safety. From the assessment of unique welding
requirements, selection of products, to the provision of comprehensive gas
solutions, installation of industrial gas systems, and recommendation of
effective safety strategies, LNOX utilises the latest technologies in the market
to offer tailor-made solutions for our customers to suit their specific
requests. From upstream to packaged gas, LNOX provides a highly comprehensive
range of gases, gas-related products and engineering services. LNOX is a member
of Taiyo Nippon Sanso Corporation (TNSC), a leading global industrial gas
manufacturer in Japan with an extensive international network that spans across
the globe, including countries in Europe, North America, Asia and Oceania and
net sales amount for 2015 was approximately USD 5.1billion. More information:
Leedennox.com
This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Neste Oyj via GlobeNewswire
[HUG#2002282]
Unternehmensinformation / Kurzprofil:
Datum: 11.04.2016 - 12:00 Uhr
Sprache: Deutsch
News-ID 463097
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"CO2 recovery plant started commercial operation at Neste's refinery in Singapore"
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