6 April 2010

Neste Oil´s Porvoo refinery's major maintenance turnaround began today

Published in Releases and news

Neste Oil Corporation
Press Release
6 April 2010 at 14.50 EET

Neste Oil´s Porvoo refinery's major maintenance turnaround began today

Neste Oil carries out a planned maintenance turnaround at its Porvoo refinery. The actual maintenance work started today and will continue around four weeks. Following this, the refinery unit start-ups will take another week.

Regular maintenance turnarounds every four to six years play an important part in keeping operations at Neste Oil's refineries safe and running at peak efficiency. Statutory pressure vessel inspections and maintenance also call for shutdowns at regular intervals.

The turnaround is estimated to involve close to a million man-hours of work and will employ some 2,500 people from outside contractors on site. During the major turnaround Neste Oil will sell products from its storages.

The previous major maintenance turnaround at Porvoo took place in 2005. Next major turnaround in another Neste Oil refinery in Finland, in Naantali, is scheduled for 2012.

Media visit to Porvoo

Neste Oil will arrange a media visit (in Finnish) to Porvoo on 14 April 2010. For further information, please contact Hanna Maula (hanna.maula@nesteoil.com).

Neste Oil Corporation
Hanna Maula
Director, Corporate Communications

Further information on maintenance turnaround: Refinery Manager Miika Eerola, tel. +358 50 458 2300

Neste Oil in brief

Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company is the world's leading supplier of renewable diesel. Neste Oil's refineries are located in Porvoo and Naantali and have a combined crude oil refining capacity of approx. 260,000 barrels a day. The company had net sales of EUR 9.6 billion in 2009 and employs around 5,100 people. Neste Oil's share is listed on the NASDAQ OMX Helsinki.

Neste Oil has been selected into the Dow Jones Sustainability World Index and awarded 'Best in Class' recognition for its social accountability by Storebrand. The company is also featured in the Ethibel Pioneer Investment Register and included in Innovest's Global 100 list of the world's most sustainable corporations. Further information: www.nesteoil.com.