Neste Oil's Porvoo refinery to see reduced production following damage to the site's hydrogen plant
Neste Oil Corporation
Stock Exchange Release
18 August 2014 at 9.45 a.m. (EET)
Neste Oil's Porvoo refinery to see reduced production following damage to the site's hydrogen plant
One of the hydrogen production units at Neste Oil's Porvoo refinery has been damaged and production at the site has been reduced. Preliminary findings indicate that repairing the unit will take several weeks. When a more accurate timetable of the repairs needed is available within two weeks' time, it will be possible to estimate the incident's impact in production and profitability.
The incident is not expected to have any impact on product deliveries that have already been contracted for.
Neste Oil Corporation
Osmo Kammonen
Senior Vice President, Communications and Marketing
Further information:
Matti Lehmus, Executive Vice President, Oil Products, tel. + 358 (0) 10 458 4072
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 17.5 billion in 2013 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 has featured in The Global 100 list of the world's most sustainable corporations for many years. Forest Footprint Disclosure (FFD) has ranked Neste Oil as one of the best performers in the oil & gas sector. Further information: http://www.nesteoil.com/