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

MAIL ADDRESS:
PL 55, 00088 S Group

Location on a map


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
Copyright NEOT Group 2004-2018
  • fi
Kajaanin Cellunolix-etanolintuotantolaitos
Uncategorized @fi

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

5.10.2017 | by
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



Browse news

NEOT’s haulier partner Helokivi Oy has strengthened its fleet with a new ED95 ethanol diesel tank truck. This is the second tank truck operating within NEOT’s logistics network. ED95 is a renewable fuel that can replace fossil-based diesel in heavy vehicles and busses.

27.8.2019

NEOT has compensated climate emissions resulting from its employees’ business flights by buying verified CO2-certificates from Puro, a Finnish carbon marketplace. The purchased certificates equal 96% of the emissions resulting from the company’s business flights during 2018.

4.7.2019

NEOT will implement Artificial Intelligence (AI) to improve the safety of loading operations at the company's terminal in Oulu. During the pilot project AI will be taught to identify incorrect loading connections and act as a preventive safety tool.

12.6.2019

NEOT has published its Sustainability Report 2018 which is the company’s second sustainability report available for external stakeholders. During the second reporting cycle we developed further its reporting principles and defined focus areas for our sustainability work.

2.4.2019

NEOT was placed first in the list of ‘Finland’s Most Inspiring Workplaces 2018’ under the category of small organisations. Finland’s Most Inspiring Workplaces acknowledgement is granted to Finnish organisations reaching the highest results in the widely used employee satisfaction survey carried out by Corporate Spirit.

5.2.2019

In the end of 2018, NEOT's values were revised to better reflect the company's principles and ways of working. The new value foundation is called NEOT Spirit and it´s based on four cornerstones; agility, sustainability, competitive advantage and good vibes.

22.1.2019

The new EU Renewable Energy Directive (REDII) has been agreed by the EU institutions. The new directive increases the use of renewable energy to 32% in 2030 and the share of renewable energy used in transportation to 14% in Europe.

7.12.2018

Major steps towards more sustainable shipping were taken when NEOT’s time-chartered vessel Tern Sea bunkered LBG at the Gothenburg harbor, Sweden. NEOT became the first Finnish company that has used renewable LBG in commercial shipping operations.

27.11.2018

Petri Appel has been appointed as the new CEO for North European Oil Trade Oy. He will start in the new position immediately after this appointment today 11.6.

11.6.2018

In April 2018, the first ED95 fuelled ethanol diesel truck started delivering fuel to petrol stations in Finland’s capital area. NEOT has an ambition to increase these trucks in its hauliers’ fleets.

13.4.2018

Alimentation Couche-Tard has decided to sell 100% of the shares in Statoil Fuel & Retail Marine AS to St1 Norge AS. The parties signed the agreement on 27 November 2017, and the deal is now pending approval from the relevant competition authorities.

27.11.2017

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.

5.10.2017

Energy company St1 continues its series of investments targeting to begin the production of renewable diesel in 2020 at its refinery in Gothenburg, Sweden.

4.10.2017

Transport companies were awarded for their expertise in safety technology in the Oil and Biofuel Association's Fuel Transports - Vehicle Technology and Safety seminar.

15.5.2017