Neste sells Pietarsaari terminal to Swedish company Wibax Ab

Neste has sold its terminal in Pietarsaari to the Swedish company Wibax Ab. The terminal has not been used for Neste's own operations for many years because the tanks and other facilities are not suitable for storing oil products without investments. Neste has been offering terminal and operations services for chemicals to a third-party customer. The sales price will not be disclosed.

Neste in brief
Neste builds sustainable options for the needs of transport, businesses and consumers. Neste 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 to tailor-made service solutions. Neste is the world's largest producer of renewable diesel refined from waste and residues, and Neste are also bringing renewable solutions to the aviation and plastics industries. Neste wants to be a reliable partner whose expertise, research and sustainable practices are widely appreciated. In 2015, Neste's net sales stood at EUR 11 billion, and Neste was on the Global 100 list of the most sustainable companies in the world.