12/12/2018 HELSINKI, (Reuters) - Finnish biofuel producer and oil refiner Neste said on Wednesday it would invest about 1.4 billion euros ($1.6 billion) in biofuel production capacity in Singapore. Finland's Neste is set to expand its annual renewable production capacity to 4.5 million tonnes by 2020, after announcing plans to invest €1.4bn ($1.6bn) in a Singapore biofuel facility. The company said it would use the facility as part of an expansion into Asia and Latin America.
Finland's Neste is set to expand its annual renewable production capacity to 4.5 million tonnes by 2020, after announcing plans to invest €1.4bn ($1.6bn) in a Singapore biofuel facility. The company said it would use the facility as part of an expansion into Asia and Latin America.