Neste Expands Biobfuel Production to Become World's Largest Bio-Refinery by 2027
Neste is expanding its biofuel production at its Rotterdam refinery, aiming to become the largest bio-refinery globally by 2027 with a capacity of 2.7 megatons annually, including 1.2 megatons of sustainable aviation fuel (SAF). The company is investing €2.5 billion in this expansion while traditional oil firms like BP and Shell are scaling back on biofuel projects. Neste's renewable products revenue reached €8.1 billion in 2025, showing growth despite challenges in market predictability and competition from fossil fuels.
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Neste is expanding its biofuel production at its Rotterdam refinery, which will become the world's largest bio-refinery by 2027, with a capacity of 2.7 megatons per year, including 1.2 megatons of sustainable aviation fuel (SAF). The company is investing €2.5 billion in this expansion, contrasting with other oil companies like BP and Shell that have halted their biofuel projects.
Neste's revenue from renewable products was €8.1 billion in 2025, reflecting an increase due to higher production. Despite challenges in market predictability, Neste continues to innovate in biofuels, aiming to reduce emissions by 80-90% compared to fossil fuels.
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