uncategorized ยท 6/4/2012

Neste Oil's diesel line 4 at Porvoo shut down for maintenance

Neste Oil Corporation
Stock Exchange Release
4 June 2012 at 9.00 a.m. (EET)

Neste Oil's diesel line 4 at Porvoo shut down for maintenance

Following an unexpected production incident on diesel line 4 at Neste Oil's Porvoo refinery, the line has been shut down. Maintenance work originally scheduled for the fall will be carried out during the outage, and the line is expected to be back on-stream in the second half of July.

The maintenance shutdown will have a negative impact on the Oil Products segment's second-quarter result. Neste Oil's guidance for its overall 2012 result, given in the interim report for the first quarter, remains unchanged, however: Oil Products' full-year comparable operating profit is expected to improve compared to 2011, assuming that Neste Oil's reference refining margin remains at last year's level.

Neste Oil currently plans to carry out its next scheduled maintenance turnaround on the line in spring 2013.

Neste Oil Corporation

Hanna Maula
Director, Corporate Communications

Further information: Ilkka Salonen, CFO, tel. +358 10 458 4490

Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company 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: