Neste Oil appoints Petri Lehmus as Vice President of Research and Technology

Neste Oil Corporation
Press release
23 August 2011 at 1 p.m (EET)

Neste Oil appoints Petri Lehmus as Vice President of Research and Technology

Neste Oil has appointed Petri Lehmus D.Sc. (Technology), 40, Vice President of Research and Technology.  Lehmus will head up the company's Research and Technology Unit, which employs around 250 people and is responsible for developing new products and production technologies and various specialist and laboratory services. He will take up the position on 1 November 2011 and will report to Lars Peter Lindfors, Senior Vice President, Technology and Strategy.

Petri Lehmus comes to Neste Oil from Borouge, where he has worked as Innovation Centre manager for the last four years and has been responsible for Borouge's research units in Abu Dhabi and Shanghai. Petri Lehmus also has extensive experience from his time at Borealis, where he worked in various management positions in catalyst and process technology research.

"Petri brings valuable experience from an international research organization," says Lars Peter Lindfors. "This experience, combined with his knowledge of the chemical industry, will help us continue our world-class R&D on cleaner traffic solutions."

"I am very excited about my upcoming position as Vice President of Research and Technology. Neste Oil has a long tradition of developing cleaner products and technologies, and it will be great to have the opportunity to continue this work and further develop the company's world-class research," says Petri Lehmus.

Neste Oil Corporation

Hanna Maula
Director, Corporate Communications

For further information:
Lars Peter Lindfors, Senior Vice President, Technology & Strategy, tel. +358 50 458 3605

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. The company had net sales of EUR 11.9 billion in 2010 and employs around 5,000 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 is also featured in the Ethibel Excellence investment register. The company is included in The Global 100 list of the world's most sustainable corporations. Forest Footprint Disclosure (FFD) has ranked Neste Oil as the best performer in the oil & gas sector. Further information: www.nesteoil.com.