Neste Corp. (Espoo, Finland) has agreed to acquire Bunge Loders Croklaan's refinery plant located in Rotterdam, the Netherlands for a purchase price of 258 million euros. The refinery plant is located next to Neste's existing biorefinery and it consists of a pretreatment facility, tank farm, jetties and has a pipeline connection to Neste's site. The closing of the transaction is subject to the fulfillment of customary closing conditions and regulatory approval. The transition will be implemented in phases with the refinery plant's full pretreatment capacity available for processing Neste's feedstock by the end of 2024.