Neste Oyj (NTOIF)

Neste's crude oil refinery in Finland to be gradually transformed into a renewables and circular solutions refining hub

Neste has completed the strategic study launched in September 2022, and begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub. The planned transformation will proceed in phases, and requires multiple separate investment decisions during the next decade before targeted completion in the mid 2030s.