Recently, Neste Corporation disclosed in a statement that its renewable diesel production line in Singapore has been temporarily shut down due to an unforeseen equipment failure, affecting the company’s supply to the U.S. market.
Neste explained that the first production line in Singapore, which had completed planned maintenance in the third quarter and resumed operations in October, was forced to stop production due to the equipment failure. This halted production line primarily produces renewable diesel that meets U.S. market standards, directly impacting Neste’s supply to its American customers. The company has notified its U.S. customers that deliveries for the rest of the year will be affected.
Nevertheless, Neste emphasized that deliveries of renewable diesel to markets outside the U.S. have not been disrupted. The company’s renewable diesel production continues as planned at its biorefineries in Finland and the Netherlands, as well as at its joint venture plant with Marathon Petroleum in California, ensuring stable supply to other markets.
Additionally, Neste confirmed that the production of Sustainable Aviation Fuel (SAF) on the new production line at the Singapore refinery has not been impacted by the equipment failure.
Currently, Neste has begun repair work on the affected renewable diesel production line, although the company has not yet provided a specific timeline for when the repairs will be completed.