Metso signs an extensive frame agreement for automation systems and related services with Neste Oil

Metso Corporation’s press release on October 3, 2011 at 09:00 a.m. local time

The first orders included in the agreement have now been placed from Neste Oil’s Porvoo and Naantali refineries in Finland

Metso has signed an extensive frame agreement with Neste Oil for automation and safety system replacement deliveries as well as related services over the years of 2012 – 2016. Neste Oil also placed its first orders according to this agreement for new automation and safety systems for its Porvoo and Naantali refineries to replace existing systems. The deliveries will take place next year. Thereafter, Metso’s installed base at Neste Oil’s refineries in Porvoo, Naantali, Singapore and Rotterdam will include altogether 20 Metso automation systems and 30 safety systems.

Neste Oil’s refineries are among most advanced ones, and to meet their requirements, Neste Oil and Metso have together developed special automation applications during earlier deliveries. This cooperation will continue also with the new deliveries.

Three Metso DNA automation systems and three safety systems will replace the existing systems in three of Porvoo refinery’s over forty process units. The refinery produces some 12.5 million tons of petroleum products per year in its four production lines. At the Naantali refinery three new safety systems will be installed, and existing Metso DNA systems will be modified in the oil distillation process units and in the refinery harbor. The refinery mainly produces traffic fuels and specialty products, such as bitumen, solvents and small engine gasoline.

Neste Oil is a refining and marketing company, with a production focus on premium-quality, lower-emission traffic fuels. The company produces a comprehensive range of major petroleum products and is the world’s leading supplier of renewable diesel. The company had net sales of EUR 11.9 billion in 2010 and employs around 5,000 people.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 29,000 employees in more than 50 countries.

For further information, please contact:

Kari Karppinen, Sales Director, Automation business line, Metso, tel. +358 400 638531