Illa International LLC and Neste Jacobs intend to co-operate in the phenol process business

Illa International LLC and Neste Jacobs intend to co-operate in the phenol 
process business 
ESPOO, FINLAND -- (Marketwired) -- 04/29/13 --  
Neste Jacobs 
Press release 
29 April 2013 at 13 p.m (EET) 
Illa International LLC and Neste Jacobs intend to co-operate in the
phenol process business 
Illa International LLC (ILLA) and Neste Jacobs Oy have agreed to
develop a combined offering in phenol and acetone production
technologies, engineering and project services. 
Together, the companies intend to offer petrochemical companies an
cost-competitive "one-stop-shop" approach for the
purposes of revamping outdated
and developing new phenol process
ILLA's scope will include licensing and Basic Engineering for their
technology and know-how while Neste Jacobs scope will
include Front End Engineering Design and Implementation Service as
well as support of ILLA in development of Process Design Packages.
ILLA has in its possession best available technologies in phenols and
Neste Jacobs has strong references in implementing process
development and investment projects in phenol and acetone
ILLA and Neste Jacobs see significant market potential in revamping
and modernization of existing production facilities as well as in
construction of
new facilities. 
"We are excited about this new co-operation with Illa. I am sure that
we will make a good team serving customers throughout our
regions," says Jarmo
Suominen, Managing Director of Neste Jacobs. 
"I am glad that we have found Neste Jacobs as our co-operation
partner. Their
expertise in process engineering and investment
projects will ensure a strong
co-operation, which will help all the
parties in their businesses", says Ilya
Kuchuk, President of Illa
International LLC. 
Neste Jacobs Oy 
Jarmo Suominen 
Managing Director 
Neste Jacobs in brief 
Neste Jacobs is a preferred solution provider of high-quality
technology, engineering and project services for a wide range of
industries in the oil and
gas, petrochemicals, chemicals and
biotechnology fields. We have more than 50
years of experience in
technology development and industrial investment projects
as well as
maintenance and performance improvement in Europe, North and
America, Asi
a and the Middle East. In addition to the Nordic
countries we are
looking to grow in the expanding markets of the
Middle East and Russia in particular. We employ some 1.000
professionals globally. 
ILLA in brief 
ILLA International, LLC, a U.S. company, is a professional research
and engineering team who has been in the phenol business for over 30
years and has
become a worldwide leader in phenol technology. The
total phenol capacity  based
on ILLA's technologies approaches 30% of
the worldwide phenol production. ILLA
International has been
successful in implementing its proprietary technologies
at phenol
plants all over the world, including large and medium capacity
such as INEOS (Germany, Belgium, USA), SABIC (former General
Electric (USA)),
FCFC (Taiwan), and Borealis (Finland), and small
capacity plants in Mexico and
Russia. For its clients, ILLA performs
a wide range of services, including: laboratory research and process
simulations, baseline studies and troubleshooting of ongoing
operations at existing phenol plants, provision of
basic engineering
design (PDP/BEP) followed by implementation and start-up of
process. Our intellectual property is covered with many patents
over 130 patents and additional pending applications). 
This announcement is distributed by Thomson Reuters on behalf of
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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 
For further information, please contact:
Jarmo Suominen
Managing Director
Neste Jacobs Oy
tel +358 50 458 3399 
Ilya Kuchuk
Illa International LLC
tel +1 847 913 5861 and
+7 812 449 0855
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