Despite some concern from environmental groups and research institutes, Neste is going to produce biodiesel from palm oil. They chose Singapore as site for such a big facility is because it has the world third-largest oil refining complex. It's also very close to palm oil-producing countries. Neste already has a biodiesel factory in Porvoo (Finland) that produces about 170,000 tons of biodiesel per year.
Neste states that this facility is going to use the company's new NExBTL, claimed to be a "second generation biodiesel manufacturing process." The process can use any kind of fatty acids as a raw material. Neste also said that NExBTL has a higher quality than standard oil diesel and has about 40 to 60 percent less global CO2 impact.