Technip Energies secures a significant contract by Neste for expansion of existing renewables refinery in Rotterdam

Jul. 21, 2022 3:56 AM ETTechnip Energies N.V. (THNPY), THNPFBy: Meghavi Singh, SA News Editor
  • On heels of the Front-End Engineering and Design delivered by Technip Energies (OTCPK:THNPF) in 2021, it has been awarded a significant contract by Neste for the expansion of their renewable products production capacity in Rotterdam, the Netherlands.
  • The contract is part of the existing partnership pact between Technip Energies and Neste and covers Engineering, Procurement services and Construction management (EPsCm) for the expansion of Neste’s existing renewables refinery in Rotterdam which will increase Neste’s overall renewable product capacity by 1.3 million tons per year.
  • The production process is based on Neste’s proprietary NEXBTL state-of-the-art technology.

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