Neste says slow policy advances, logistics will delay distribution of NExBTL fuels from Singapore

In Singapore, Neste Oil is warning that slow uptake of biofuels policies from Europe to the US is impeding demand for advanced biofuels. The company says it is making progress in the development of its $1.2 billion NExBTL renewable diesel facility and should begin production soon. It has also indicated that even after production ramps up, it will take a while for the product to hit the market due to undisclosed logistical reasons.

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