Oil Investing News » Neste Oil sells its Sines plant in Portugal

Neste Oil sells its Sines plant in Portugal

June 30, 2010 @ 10:48 am In Oil Company News

Neste Oil sells its Sines plant in Portugal. Neste Oil divests its Portuguese subsidiary Neste Oil Portugal S.A.,owning an ETBE plant in Sines,to the Portuguese company Repsol Polimeros LDA.

The press release is quoted as saying:

The acquisition price is not disclosed. This divestment will have a minor positive impact on Neste Oil's second quarter result.

Click here to access the entire press release ^[1]

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[1] Click here to access the entire press release: http://www.reuters.com/article/idUS107534+30-Jun-2010+HUG20100630