Neste has decided to close its Naantali refinery in Finland by the end of March 2021 and also renew the operating model of its oil products business, leaving nearly 370 jobs at risk. In September 2020, the Finnish oil refining and marketing company revealed plans to restructure its refining activities in Porvoo and Naantali for […]
Finnish oil refining company Neste has divested its stake of 49.99% in Nynas to Bitumina Industries for an undisclosed price. Nynas is a Sweden-based manufacturer and marketer of naphthenic specialty oils and bitumen products. The company has four refineries located across Harburg in Germany, Nynäshamn and Gothenburg in Sweden, and Eastham in the UK. Eastham […]
Neste, a Finnish renewable diesel producer, has acquired 100% of the Dutch Count Companies’ Count Terminal Rotterdam and its supporting entities, part of the First Dutch Group of Peter Goedvolk. Financial terms of the deal were not disclosed. Count Terminal Rotterdam is engaged in storage, refining and blending of renewable waste and residue-based raw materials […]