Maintenance Turnaround Begins at Neste's Porvoo Refinery

Neste Oyj via GlobeNewswire, September 22, 2016

Neste has started maintenance work on a diesel production line 4 at the company's 206,000 bpd refinery in Porvoo, Finland. This replaces the maintenance turnaround planned for next spring. A recent process disruption lead to catalyst coking in the production line, and the company decided to carry out maintenance turnaround tasks planned for spring 2017 during the next couple of months. The line has already been stopped, and preparations for the maintenance are underway.

This maintenance turnaround will have no impact on Neste`s scheduled diesel deliveries to its customers. The maintenance work is estimated to have an approximately EUR 30 million negative impact on Neste`s comparable EBIT, and be mainly booked in the final quarter in 2016. Most of this impact is a result of lost production.

Click here to read the full article from Neste Oyj via GlobeNewswire.

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