Neste Oil's Naantali refinery back online after major turnaround

Neste Oil Corporation
Press release
11 June 2012 at 8.30 a.m. (EET)

Neste Oil's Naantali refinery back online after major turnaround

Neste Oil's Naantali refinery is back in normal operation following the completion of a scheduled major maintenance turnaround. The turnaround began in April and lasted a total of around six weeks, and will help ensure the refinery's good performance for the next four to six years.

"The fact that we were able to complete this major project largely on-time and on-budget is very satisfying," says Refinery Manager Elina Herrala. "I am particularly proud of our success in carrying out over 450,000 hours of work without any lost workday accidents or hot work incidents."

Around 2,000 pieces of equipment were overhauled and various process furnaces and other equipment replaced during the turnaround. The turnaround and related investment projects cost approx. EUR 60 million in all. A total of around 1,000 people took part in the turnaround, of which 700 were contractors' employees.

Neste Oil Corporation

Hanna Maula
Director, Corporate Communications

Further information:
Elina Herrala, Refinery Manager, Naantali, tel. +358 (0)50 458 6007

Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company produces a comprehensive range of major petroleum products and is the world's leading supplier of renewable diesel. Neste Oil had net sales of EUR 15.4 billion in 2011 and employs around 5,000 people, and is listed on NASDAQ OMX Helsinki.

Neste Oil is included in the Dow Jones Sustainability World Index and the Ethibel Pioneer Investment Register, and has featured in The Global 100 list of the world's most sustainable corporations for a number of years. Forest Footprint Disclosure (FFD) has ranked Neste Oil as one of the best performers in the oil & gas sector. Further information: www.nesteoil.com