Swedish company Wibax Ab acquires Neste’s terminal in Pietarsaari

ESPOO, 02-Feb-2017 — /EuropaWire/ — Neste has sold its terminal in Pietarsaari to the Swedish company Wibax Ab. The terminal has not been used for Neste’s own operations for many years because the tanks and other facilities are not suitable for storing oil products without investments. Neste has been offering terminal and operations services for chemicals to a third-party customer. The sales price will not be disclosed.

Neste Corporation

Kaisa Lipponen
Director, Corporate Communications

Additional information:

Jani Rentola, Manager, Terminals and NESA Storages, tel. +358 10 458 9064
or Elina Herrala, Head of Harbours and Terminals, tel. +358 10 458 6007

Neste in brief

Neste (NESTE, Nasdaq Helsinki) builds sustainable options for the needs of transport, businesses and consumers. Our global range of products and services allows customers to lower their carbon footprint by combining high-quality and low-emission renewable products and oil products to tailor-made service solutions. We are the world’s largest producer of renewable diesel refined from waste and residues, and we are also bringing renewable solutions to the aviation and plastics industries. We want to be a reliable partner whose expertise, research and sustainable practices are widely appreciated. In 2015, Neste’s net sales stood at EUR 11 billion, and we were on the Global 100 list of the most sustainable companies in the world. Read more: neste.com

SOURCE: NESTE