Neste Jacobs to implement Neste Oil's investment in biopropane production in the Netherlands

Neste Jacobs to implement Neste Oil's investment in biopropane production in the Netherlands

ID: 342561

(Thomson Reuters ONE) -


Neste Jacobs Oy
Press Release
6 October 2014 at 9:00 am (EET)


Neste Jacobs to implement Neste Oil's investment in biopropane production in the
Netherlands

Technology, engineering and project management company Neste Jacobs has been
chosen as the EPCM contractor to design and implement the new biopropane
production process at Neste Oil's Rotterdam refinery. Neste Oil and Neste Jacobs
have in cooperation developed the new production process, which enables the
separation of biopropane from the sidestream gases of the NEXBTL process. This
will add value to the existing production process by adding a new renewable
product to Neste Oil's product portfolio. When the new unit is complete,
biopropane production is expected to total 30,000-40,000 t/a.

The investment includes storage tanks and interconnecting pipework in addition
to the production unit itself. The project will start immediately and be ready
for production before end of 2016. The total value of the investment is
approximately EUR 60 million. Neste Jacobs carries out the project from its
offices in Finland and the Netherlands in cooperation with its local partners.

"We are very proud to be the EPCM contractor for Neste Oil in this important
investment", says Jarmo Suominen, Managing Director of Neste Jacobs. "We are
aiming to be the preferred solution provider for the biorefining industry and
this project now awarded to us strengthens this position very well."

"We have several good experiences of Neste Jacobs' capability to carry out large
EPCM projects with high quality and all the way with good success. That is why
we chose Neste Jacobs to carry out this significant project", says Kaisa
Hietala, Executive Vice President, Renewable Products of Neste Oil. "During the
recent years, Neste Jacobs, operating also from its Rotterdam office, has gained




a lot of positive feedback in serving the local industry. Also in that respect
our choice for the contractor is Neste Jacobs", adds Bart Leenders, Managing
Director of Neste Oil Netherlands.

For more information, please contact:
Jarmo Suominen, Managing Director, Neste Jacobs Oy, tel + 358 50 458 3399
Kaisa Hietala, Executive Vice President, Renewable Products, Neste Oil Oyj, tel
+358 50 458 4128

Neste Jacobs is a preferred solution provider of high-quality technology,
engineering and project services for a wide range of industries in the oil and
gas, petrochemicals, chemicals and biotechnology fields. We have more than 50
years of experience in technology development and industrial investment projects
as well as maintenance and performance improvement in Europe, North and South
America, Asia and the Middle East. In addition to the Nordic countries we are
looking to grow in the expanding markets of the Middle East and Russia in
particular. We employ more than 1.000 professionals globally.
www.nestejacobs.com

Neste Oil Corporation is a refining and marketing company concentrating on low-
emission, high-quality traffic fuels. The company produces a comprehensive range
of major petroleum products and is the world's leading supplier of renewable
diesel. Neste Oil had net sales of EUR 17.5 billion in 2013 and employs around
5,000 people, and is listed on NASDAQ OMX Helsinki. Neste Oil is included in the
Dow Jones Sustainability World Index, and has featured in The Global 100 list of
the world's most sustainable corporations for many years. Forest Footprint
Disclosure (FFD) has ranked Neste Oil as one of the best performers in the oil &
gas sector. Further information: www.nesteoil.com



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Neste Oil Oyj via GlobeNewswire
[HUG#1860800]




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Datum: 06.10.2014 - 08:00 Uhr
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