uncategorized · 6/4/2008

Coking presents problems for Neste Oil's diesel line

Neste Oil restarted the new diesel line (PL4) at its Porvoo refinery as planned during the last week of May, following the completion of repair work after a fire at the beginning of April. A coking problem has been observed on the line, however, which requires throughput to be reduced temporarily and the line to be fed with lighter-than-planned feedstock.

Neste Oil Corporation
Osmo Kammonen
Senior Vice President, Corporate Communications
Further information:
Executive Vice President, Oil Refining Jorma Haavisto, tel. +358 (0)50 458 4500
CFO Petri Pentti, tel. +358 (0)50 458 4490

Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company's strategy is based on growing both its oil refining and premium-quality renewable diesel businesses. Neste Oil's refineries are located in Porvoo and Naantali in Finland, and have a combined crude oil refining capacity of approx. 260,000 barrels a day. The company had net sales of EUR 12,103 million in 2007 and employs around 5,100 people. Neste Oil's shares are listed on the Nordic Exchange in Helsinki.