Neste resolves dispute with Nogaholding and Bapco

Neste Corporation, News, June 10 2019 at 4 pm. (EET)

Neste is pleased to announce that a dispute that had arisen between them and Nogaholding and Bapco in relation to the marketing of their joint venture lubricants base oil plant in Sitra, Bahrain, has been amicably resolved. They look forward to continuing to work together in relation to their joint venture.

Neste Corporation

Kaisa Lipponen
Director, Corporate Communications

Further information: Christian Ståhlberg, General Counsel, Neste, tel. +358 10 4584251

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. Our wide range of renewable products enable our customers to reduce climate emissions. We are the world's largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. We are also a technologically advanced refiner of high-quality oil products. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. In 2018, Neste's revenue stood at EUR 14.9 billion. In 2019, Neste placed 3rd on the Global 100 list of the most sustainable companies in the world. Read more: neste.com