Neste Oil says Porvoo ramp-up underway

Oil and Gas Investing

The ramp-up of Neste Oil’s (NES1V.HE) Porvoo refinery is reported to have started following a maintenance break, with the firm sticking to a mid-month target for resuming normal operations.

The ramp-up of Neste Oil’s (NES1V.HE) Porvoo refinery is reported to have started following a maintenance break, with the firm sticking to a mid-month target for resuming normal operations.

The press release is quoted as saying:

Neste said in its first-quarter earnings report last week it expects an impact of some 50 million euros ($66.6 million) in the current quarter from the maintenance work.

Click here to access the entire press release

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