Neste Oil begins use of a new liquid catalyst technology at its Porvoo refinery
(Thomson Reuters ONE) -
Neste Oil Corporation
Press release
19 January 2011 at 9.00 am (EET)
Neste Oil begins use of a new liquid catalyst technology at its Porvoo refinery
Neste Oil's Porvoo refinery has begun use of a new liquid catalyst technology
developed by US-based Headwaters, Inc. Use of the new catalyst technology will
improve the overall performance of the refinery's diesel production line 4.
Neste Oil is the first refiner to utilize the new catalyst on a commercial
basis, and its experience with it so far has been positive.
"The work that we've done on this new catalyst technology has been
groundbreaking, and is yet another example of Neste Oil's commitment to staying
at the front of the refining field," says Miika Eerola, Vice President, Refinery
Manager of the Porvoo refinery. "We carried out thorough tests on the new
catalyst and worked closely with the supplier; our own R&D organization also
played a major role in helping us introduce it."
Fouling is a typical phenomenon in the heavy oil upgrading technology used in
line 4, and the introduction of the new catalyst has decreased fouling and
helped improve the line's overall performance. The new liquid catalyst,
Headwaters' HCAT technology, will also improve the potential to increase
conversion rates on the line.
Diesel production line 4 was commissioned in 2007 and runs on sulfur-rich vacuum
residue oil, which is processed into sulfur-free diesel fuel using hydrogenation
technology.
Neste Oil Corporation
Hanna Maula
Director, Corporate Communications
Further information:
Miika Eerola, Vice President, Refinery Manager of the Porvoo refinery, tel.
+358 (0)10 458 2300
Kari Kolsi, Vice President, R&D, tel. +358 (0)10 458 2317
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-
emission, high-quality traffic fuels. The company is the world's leading
supplier of renewable diesel. Neste Oil's refineries are located at Porvoo and
Naantali in Finland and have a combined crude oil refining capacity of approx.
260,000 bbl/d. The company had net sales of EUR 9.6 billion in 2009, employs
around 5,000 people, and is listed on NASDAQ OMX Helsinki.
Neste Oil is included in the Dow Jones Sustainability World Index and is
featured in the Ethibel Pioneer Investment Register. It has been awarded 'Best
in Class' recognition for its social accountability by the Norwegian bank,
Storebrand, and is on Innovest's Global 100 list of the world's most sustainable
corporations. Forest Footprint Disclosure (FFD) has ranked Neste Oil as the best
performer in the oil & gas sector. Further information: www.nesteoil.com.
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Source: Neste Oil Oyj via Thomson Reuters ONE
[HUG#1480675]
Unternehmensinformation / Kurzprofil:
Datum: 19.01.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 50552
Anzahl Zeichen: 3546
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