TechnipFMC awarded a significant contract for the expansion of Neste’s renewable products facility in Singapore
LONDON & PARIS & HOUSTON--(BUSINESS WIRE)-- TechnipFMC has been awarded a significant(1) Engineering, Procurement support
This project will increase the overall Neste Singapore Refinery renewable products production by up to 1.3 million tons per year and includes TechnipFMC’s steam reforming technology.
This expansion aims at meeting the market demand for renewable products. The production process is based on Neste’s proprietary NEXBTL state-of-the-art technology.
Nello Uccelletti, President of TechnipFMC’s Onshore-Offshore business, stated: “This award demonstrates our long-standing relationship with Neste, established in 2007, with the delivery of two world-scale renewable fuels units in Rotterdam and Singapore. We are proud to support Neste in the quest for renewable products, as well as collaborate with this client on
(1)For TechnipFMC a “significant” contract ranges between $75 million and $250 million.
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