Staying power

This article discusses a 550 million megaproject plan by a Finnish oil company to launch a biodiesel refinery project in Singapore. The plan consisted of designing and constructing a renewable diesel production plant including a process plant, a utilities system, a tank farm, an operations center, and maintenance and administration buildings. In doing so, it reviews the project's steps and discusses the creation of clean fuel using the NExBTL (next-generation biomass-to-liquid) process technology. In addition, the article discusses how the oil company relied on a skilled project team, most of whom had been involved in the company's previous two refinery projects, to fast-track the initiative. Furthermore, the use of a contractor to develop an engineering package is highlighted. Construction of the megaproject completed on schedule and on budget in 2010. Accompanying this article is a sidebar discussing various cooperative agreements with suppliers.
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