Neste Strengthens its Global Leading Position in Renewable Products With a Major Investment in Singapore - Seite 2

Neste currently has a renewable products production capacity of 2.7 million tons annually. Of this total, over one million is produced in Singapore, the same amount in Rotterdam in the Netherlands and the rest in Porvoo, Finland. Before the new production line in Singapore, we will continue eliminating bottlenecks in our existing production, bringing the existing capacity to 3 million tons by 2020.

Invitation to briefings for media and analysts

Neste will arrange briefings in English for media and analysts about the investment on Wednesday 12 December, 2018.

• Briefings for the media on 12 December:
• At 10 am. (EET) at Neste headquarters in Espoo, Finland. The event can also be followed online via webcast.
• At 4.30 pm Finland / 2.30 pm London / 9.30 am New York conference call.

 

• A conference call for investors and analysts will be held on 12 December 2018, at 3 pm Finland / 1 pm London / 8 am New York. The call-in numbers are as follows: Finland: [phone], rest of Europe: [phone], US: [phone] , using access code 9925189 . The conference call can be followed at company's website. An instant replay of the call will be available until 19 December 2018 at [phone] for Finland, [phone] for Europe and [phone] for the US, using access code 9925189.

Neste Corporation

Kaisa Lipponen
Director, Corporate Communications and Brand Marketing

Media inquiries: Carola Oksanen, Assistant to Peter Vanacker, President and CEO of Neste Corporation, tel. [phone]

More information: Neste Singapore website

Attachments: Images of Singapore refinery and illustration of Neste's new site in Singapore

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 2017, Neste's revenue stood at EUR 13.2 billion. In 2018, Neste placed 2nd on the Global 100 list of the most sustainable companies in the world. Read more: neste.com

Neste's renewable products

Neste's renewable products, Neste MY Renewable Diesel, Neste MY Renewable Jet Fuel, are part of the solution for reducing emissions in transportation and aviation. Our renewable solutions can also replace fossil raw materials in various chemical industry's applications, such as in the production of renewable solvents and bio-based plastics. With our own NEXBTL technology, we can make top-quality renewable products out of nearly any waste and residue fats and vegetable oils. Neste's renewable products are fully compatible with existing production, logistics infrastructure and engine technology and a "drop-in" alternative to conventional fossil fuels and raw materials.

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