Neste Oil and Preem Enter Into Patent License Agreement

Neste Oil Corporation and Preem AB (publ) have entered into a Patent License Agreement whereby Preem has licensed Neste Oil intellectual property rights for renewable fuels production for use at Preem Gothenburg refinery.

"We are happy to announce this license to our long time key partner and customer Preem. We are looking forward to develop further this partnership and to work together to expand the renewable fuels market," says Lars Peter Lindfors, Senior Vice President, Technology at Neste Oil.

Source: Nestle Oil
Date: Mar 9, 2015