Neste acquires Court Terminal Rotterdam
May 20, 2020
Leading renewable diesel producer Neste has acquired BV’s Count Terminal Rotterdam from the First Dutch Group, Neste announced on 7 May.
“This acquisition supports our efforts to build a global renewable waste and residue raw material platform that can keep pace with the world’s growing demand for renewable products.
“Count Terminal Rotterdam and Neste Demeter have had a successful long-term collaboration at the site and the acquisition by Neste serves as a logical next step in deepening cooperation and in developing operations further,” Neste president and CEO Peter Vanacker said.
The Rotterdam facility stores, refines and blends renewable waste and residue-based raw materials and will be the first terminal for renewable feedstock aggregation owned by Finland-based Neste.
Netherlands-based First Dutch is an impact investor owned and led by Peter Goedvolk