Neste Oil Oyj : Neste Oil continues to protect its innovations and patents Neste Oil Corporation Press Release 21 December 2012 at 8.00 a.m. (EET) Neste Oil continues to protect its innovations and patents Neste Oil Corporation has filed a new patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc. in the US District Court for the District of Delaware. This follows a patent infringement action filed by Neste Oil earlier this year against the same defendants concerning infringement of a Neste Oil product patent. The current action relates to infringement of a Neste Oil patent relating to the production process used to produce renewable diesel at Dynamic Fuels' plant in Geismar, Louisiana. "Neste Oil has protected its proprietary NExBTL technology with a number of patents. We will actively defend this technology, which is very important for the Group's business, worldwide," says Matti Hautakangas, Neste Oil's General Counsel. Neste Oil is the world's leading producer of premium-quality renewable diesel and has approx. 2 million t/a of NExBTL renewable diesel capacity at sites in Singapore, the Netherlands, and Finland. Neste Oil Corporation Osmo Kammonen Senior Vice President, Communications, Marketing and Public Affairs Further information: Jalmari Sasi, Senior Legal Counsel, tel. +358 (0)50 458 5029 Neste Oil in brief Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company produces a comprehensive range of major petroleum products and is the world's leading supplier of renewable diesel. Neste Oil had net sales of EUR 15.4 billion in 2011 and employs around 5,000 people, and is listed on NASDAQ OMX Helsinki. Neste Oil is included in the Dow Jones Sustainability World Index and the Ethibel Pioneer Investment Register, and has featured in The Global 100 list of the world's most sustainable corporations for a number of years. Forest Footprint Disclosure (FFD) has ranked Neste Oil as one of the best performers in the oil & gas sector. Further information: www.nesteoil.com ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Neste Oil Oyj via Thomson Reuters ONE HUG#1666904
Neste Oil Oyj : Neste Oil continues to protect its innovations and patents
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