Neste Jacobs Oy now 100% owned by Neste Corporation; company name changes to Neste Engineering Solutions Oy

ESPOO, 29-Nov-2017 — /EuropaWire/ — In September 2017 it was announced that Neste has acquired Jacobs Engineering’s 40% shareholding in Neste Jacobs Oy.

After this transaction, Neste Jacobs Oy is now 100% owned by Neste Corporation.

As the result of the deal the company name Neste Jacobs Oy will change as of January 1, 2018.  The new company name will be Neste Engineering Solutions Oy. The new name describes the company’s high quality engineering knowhow and the way it operates as a solutions provider for customers.

The names of the Neste Jacobs Oy’s subsidiaries will be changed accordingly

The visual look and email addresses will change

In connection with the name change Neste Engineering Solutions will start to operate under the Neste brand and visual identity.

The current Neste Jacobs brand will be changed to Neste brand by the end of March 2018.

At the same time the @nestejacobs.com email addresses will change to firstname.lastname@neste.com addresses as of January 1, 2018.

Further information: Satu Stolt, Marketing and Communication Manager, Neste Jacobs Oy, tel. +358 50 458 9779

Neste in brief

Neste (NESTE, Nasdaq Helsinki) builds sustainable options for transport, business and consumer needs. 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 with 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 with widely valued expertise, research and responsible practices. In 2016, Neste’s net sales stood at EUR 11.7 billion, and we were on the Global 100 list of the most sustainable companies in the world. Read more: neste.com

SOURCE: NESTE

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