Neste Oil to invest in producing biopropane in Rotterdam


Neste Oil Corporation
Stock Exchange Release
10 September 2014 at 9.30 a.m. (EET)

Neste Oil to invest in producing biopropane in Rotterdam

Neste Oil is to build a biopropane unit at its refinery in Rotterdam. In
addition to the unit itself, the investment will include storage tanks and
pipework. The project will start immediately and the plan is to begin sales of
biopropane at the end of 2016. The total value of the investment is
approximately EUR 60 million.

The new unit will purify and separate biopropane from the sidestream gases
produced by the refinery. The process will increase the added value of this
sidestream significantly, as the gas in question has been sold as fuel for power
plant use up until now. When the new unit is complete, biopropane production is
expected to total 30,000-40,000 t/a. Biopropane has a comparable set of
properties to fossil propane and is suitable for use in existing liquefied
petroleum gas (LPG) applications.

Neste Oil Corporation

Osmo Kammonen
Senior Vice President, Communications and Brand Marketing

Further information:
Kaisa Hietala, Executive Vice President, Renewable Products, tel. +358 (0)10
458 4128

Neste Oil in brief

Neste Oil Corporation is a refining and marketing company concentrating on low-
emission, high-quality traffic fuels. The company produces a comprehensive range
of major petroleum products and is the world's leading supplier of renewable
diesel. Neste Oil had net sales of EUR 17.5 billion in 2013 and employs around
5,000 people, and is listed on NASDAQ OMX Helsinki.

Neste Oil is included in the Dow Jones Sustainability World Index, and has
featured in The Global 100 list of the world's most sustainable corporations for
many years. Forest Footprint Disclosure (FFD) has ranked Neste Oil as one of the
best performers in the oil & gas sector. Further information: www.nesteoil.com


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