North European Oil Trade
VISITING ADDRESS:
Urho Kekkosen katu 5 C, 5th floor
00100 Helsinki, Finland

MAIL ADDRESS:
PL 55, 00088 S Group

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SWITCHBOARD
phone: +358 10 768 0850
fax: +358 10 768 0859

CUSTOMER SERVICE
Weekdays 8 am to 4 pm
phone: +358 10 768 0862
e-mail: asiakaspalvelu (a) neot.fi

PRODUCT QUALITY SUPPORT
Weekdays 8 am to 4 pm
phone: +358 10 402 7001
e-mail: tuotelaatu (a) neot.fi
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Kajaanin Cellunolix-etanolintuotantolaitos

St1 Nordic Oy buys SOK’s shares of North European Bio Tech Oy

5 October 2017 | News

St1 Nordic Oy will purchase SOK’s shares of NEB in the 5th of October 2017

North European Bio Tech Oy (NEB), an associated company of SOK Corporation and energy company St1, was established in 2013 with the purpose of investing in biofuel production units. St1 Nordic Oy will purchase SOK’s shares of NEB in the 5th of October 2017.

As a consequence St1 Nordic will then own 100 % of the shares of the company and NEB’s ethanol production plants in Gothenburg and Kajaani will belong to St1, just like Etanolix plants in Vantaa, Lahti, Jokioinen and Hamina together with Bionolix in Hämeenlinna and dehydration unit in Hamina. Also the future advanced ethanol plant projects like Follum, Kajaani and Pietarsaari will proceed by St1 Nordic.

This transaction will not have any impact on any employees or other associated company with SOK, North European Oil Trade Oy (NEOT).

More information:

Jari Suominen
+358 50 5956780
jari.suominen(a)st1.fi