Metso signs an extensive frame agreement for automation systems and related services with Neste Oil

Metso signs an extensive frame agreement for automation systems and related services with Neste Oil

ID: 71586

(Thomson Reuters ONE) -


Metso Corporation's press release on October 3, 2011 at 09:00 a.m. local time

The first orders included in the agreement have now been placed from Neste Oil's
Porvoo and Naantali refineries in Finland

Metso has signed an extensive frame agreement with Neste Oil for automation and
safety system replacement deliveries as well as related services over the years
of 2012 - 2016. Neste Oil also placed its first orders according to this
agreement for new automation and safety systems for its Porvoo and Naantali
refineries to replace existing systems. The deliveries will take place next
year. Thereafter, Metso's installed base at Neste Oil's refineries in Porvoo,
Naantali, Singapore and Rotterdam will include altogether 20 Metso automation
systems and 30 safety systems.

Neste Oil's refineries are among most advanced ones, and to meet their
requirements, Neste Oil and Metso have together developed special automation
applications during earlier deliveries. This cooperation will continue also with
the new deliveries.

Three Metso DNA automation systems and three safety systems will replace the
existing systems in three of Porvoo refinery's over forty process units. The
refinery produces some 12.5 million tons of petroleum products per year in its
four production lines. At the Naantali refinery three new safety systems will be
installed, and existing Metso DNA systems will be modified in the oil
distillation process units and in the refinery harbor. The refinery mainly
produces traffic fuels and specialty products, such as bitumen, solvents and
small engine gasoline.

Neste Oil is a refining and marketing company, with a production focus on
premium-quality, lower-emission traffic fuels. The company produces a
comprehensive range of major petroleum products and is the world's leading
supplier of renewable diesel. The company had net sales of EUR 11.9 billion in




2010 and employs around 5,000 people.

Metso is a global supplier of sustainable technology and services for mining,
construction, power generation, automation, recycling and the pulp and paper
industries. We have about 29,000 employees in more than 50 countries.
www.metso.com

For further information, please contact:

Kari Karppinen, Sales Director, Automation business line, Metso, tel.
+358 400 638531






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters 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: Metso Corporation via Thomson Reuters ONE

[HUG#1551432]


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Datum: 03.10.2011 - 08:01 Uhr
Sprache: Deutsch
News-ID 71586
Anzahl Zeichen: 3121

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