Luxembourg, 16/01/2006 (Agence Europe) - The European Investment Bank (EIB) has agreed a loan of EUR 150 mil to Neste Oil Corporation for the upgrading of the Porvoo refinery 35 km east of Helsinki. The project includes the construction of a new residue hydrocracker, a hydrogen production plant and a sulphur recovery plant. The upgrading will improve the refinery's long-term competitiveness, by increasing its sulphur-free diesel production by approximately 25% and by allowing increased...