Finland's Neste Plans Turnaround at Porvoo Refinery in Spring 2024

Reuters, December 14, 2023

Finland's Neste (NESTE.HE) on Thursday said it will have a major turnaround at its Porvoo refinery for about nine weeks between April and June next year.

"The major turnaround is an investment in securing safety, availability and competitiveness of the refinery," Neste said in a statement.

During the scheduled time, the Porvoo refinery will be shut for regulatory inspections, maintenance works and selected asset improvement initiatives, Neste said.

"The turnaround will contribute to Neste's ambition to make the Porvoo refinery the most sustainable refinery in Europe by 2030 and to reach carbon neutral production by 2035," said Sami Wasstrom, head of turnarounds at Neste Oil Products.

(Reporting by Louise Breusch Rasmussen; Editing by Anna Ringstrom and Terje Solsvik)

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