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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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Naantali refinery in two-month revamp to slash heavy fuel oil production

09 Aug 2017 11:23 GMT

Turnaround at the Naantali plant is scheduled to start mid-August.



Neste says that the upcoming two-month revamp of its refinery in Naantali, Finland, will result in the company producing less heavy fuel oil and "more valuable products".

As Bunker Index previously reported, Neste is due to begin the shutdown of the plant in mid-August. The turnaround will complete the plan first introduced in 2014 to implement closer integration of the operations of the two Finnish refineries under uniform management. The Finnish refinery operations of Neste consist of four production lines at the Porvoo refinery, and one in Naantali.

"With the ongoing investment program, we're aiming for an additional margin of at least 5.5 dollars per barrel after the ongoing strategic investments in Porvoo and Naantali are completed," explained Matti Lehmus, Executive Vice President of Oil Products at Neste.

"The production structure will be revamped to decrease the importance of heavy fuel oil and to increase the proportion of more valuable products," Lehmus added.

In the future, the Naantali production line will produce gasoline, diesel oil and special products, including solvents and bitumen. Naantali also produces feedstocks such as vacuum gas oil for the Porvoo refinery's production lines. Naantali's terminal capacity will be used to distribute products produced in Porvoo and Naantali.

Planned major turnarounds are significant projects for the maintenance of the refinery's competitiveness, safety and reliability, and they are carried out every four to five years. Furthermore, statutory pressure equipment inspections and maintenance require scheduled shutdowns. The previous major turnaround at Naantali took place in 2012.

The upcoming revamp will be the most extensive ever carried out at the Naantali refinery. The total cost has been estimated at around EUR 90 million. The sum consists of investments related to the turnaround, maintenance investments, and the value of lost production.

Porvoo

Earlier this month, Neste said that it expects the new solvent deasphalting (SDA) unit at its Porvoo refinery to reach "high capacity utilization" during the second half of the year. The SDA unit will enable it to produce a new "RMG-type" product with a sulphur content of less than 0.1 percent and a significantly higher viscosity than the products it currently has available. The new bunker product is expected to be launched towards the end of 2017.

The Porvoo refinery is scheduled to have a four-week decoking maintenance at Production Line 4 in October.


Neste's refinery in Naantali, Finland.




Related Links:

Neste's new high-viscosity 0.1% marine fuel unit set to reach 'high' utilization in H2
Neste staff cancel plans to suspend fuel deliveries in Porvoo and Naantali
Neste sets out Baltic strategy following record year
Neste starts ex-pipe delivery of 0.1% bunker fuel in Sweden

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