Neste Oyj - Company Announcement

Maintenance turnaround at Neste's diesel production line in Porvoo brought forward

Neste Corporation
Stock Exchange Release
22 September 2016 at 10 am. (EET)

Maintenance turnaround at Neste's diesel production line in Porvoo brought
forward

Neste has started maintenance work at diesel production line 4 at Porvoo
refinery. This replaces the maintenance turnaround planned for next spring. A
recent process disruption lead to catalyst coking in the production line, and
the company decided to carry out maintenance turnaround tasks planned for spring
2017 during the next one and a half months. The line has already been stopped,
and preparations for the maintenance are underway.

This maintenance turnaround will have no impact on Neste's scheduled diesel
deliveries to its customers. The maintenance work is estimated to have an
approximately EUR 30 million negative impact on Neste's comparable EBIT, and be
mainly booked in the final quarter in 2016. Most of this impact is a result of
lost production.

Neste Corporation

Osmo Kammonen
SVP, Communications and Brand Marketing

Further information: Matti Lehmus, Executive Vice President, Oil Products
Business Area, tel. + 358 10 458 4072

Neste in brief


Neste (NESTE, Nasdaq Helsinki) creates sustainable choices for the needs of
transport, businesses and consumers.  Our global range of products and services
allows customers to lower their carbon footprint by combining high-quality
renewable products and oil products to tailor-made service solutions. We are the
world's largest producer of renewable diesel refined from waste and residues,
and we are also bringing renewable solutions to the aviation and plastics
industries. We want to be a reliable partner, whose expertise, R&D and
sustainable practices are widely respected. In 2015, Neste's net sales stood at
EUR 11 billion, and we were on the Global 100 list of the 100 most sustainable
companies in the world. Read more: neste.com

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