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June 17, 2020 — On May 7th, Neste completed the acquisition of Count Terminal Rotterdam . Neste, a producer of alternative fuels from wastes and residues, sees this purchase as a logical next step in their growth. While the two entities have had a strong partnership in the past, this acquisition is intended to further the co-operation and development in the future. The Count Terminal Rotterdam is the first terminal asset that Neste has purchased, and is used to store, refine, and blend renewable waste and residue-based materials in the Rotterdam area. Neste anticipates that transaction will make Neste more competitive in the renewable waste and residue raw materials market.
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