Neste sells Pietarsaari terminal to Swedish company Wibax

Finnish renewable diesel Neste has sold its terminal in Pietarsaari to the Swedish company Wibax.

The terminal has not been used for Neste's own operations for many years because the tanks and other facilities are not suitable for storing oil products without investments.

Neste has been offering terminal and operations services for chemicals to a third-party customer.

The sales price will not be disclosed.