MOSCOW (MRC) -- Finnish oil refiner and biofuel producer Neste was running its Finnish refineries at a lower capacity during a large, three-day strike of industrial workers in the second week of December and returned to full capacity later that week, reported Reuters.
Hannele Jakosuo-Jansson, Neste’s head of safety and procurement, declined to say how much lower the output was during the strike as the refineries in Porvoo and Naantali are run following a special safety plan set up for exceptional situations.
Three large industrial unions started a three-day strike on 9 December involving about 100,000 workers, including about 2,400 Neste staff, and stalling production at companies such as Nokian Tyres, stainless steel producer Outokumpu.
As MRC informed earlier, Neste Oyj and Borealis Polymers Oy, in co-operation with the energy companies Fortum Power and Heat Oy, Helen Oy, Vantaan Energia Oy and Porvoon Energia Oy - Borga Energi Ab, will conduct a preliminary study on recovering and utilizing excess heat generated at the Neste and Borealis industrial manufacturing facilities in Kilpilahti.
And in March 2018, Borealis and United Chemical Company LLP (UCC) signed a Joint Development Agreement (JDA) for the development of a world-scale polyethylene (PE) project, integrated with an ethane cracker, in the Republic of Kazakhstan.
Ethylene and propylene are feedstocks for producing PE and polypropylene (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,724,670 tonnes in the first ten months of 2019, up by 7% year on year. Shipments of all PE grades increased. The estimated PP consumption in the Russian market in January-October 2019 totalled 1,066,520 tonnes, up by 7% year on year. Supply of block copolymers of propylene (PP block copolymer) and homopolymer of propylene (homopolymer PP) increased, demand for statistical copolymers (PP random copolymer) decreased.
Neste creates sustainable solutions for transport, business, and consumer needs. The company's wide range of renewable products enable our customers to reduce climate emissions. The company is the world's largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. It is also a technologically advanced refiner of high-quality oil products.
MRC