Neste

Company Overview

Neste is a key producer of sustainable fuels and renewable feedstock solutions for various polymers and chemical industry uses. The company has key markets in Europe and North America, with its subsidiaries located in the US and Europe. The company’s production is on three continents with other operations in 16 countries worldwide. The company produces renewable products at its refineries in Finland, the Netherlands, and Singapore. The joint operation with Marathon Petroleum in Martinez, California, is entirely from renewable raw materials with an annual capacity of approx. 5.5 million tons, which is expected to increase to 6.8 million tons annually by the end of 2026.

Financial Highlights (FY 2024)

Company's Business Segments

• Renewable Products : This segment manufactures, markets, and sells renewable diesel, sustainable aviation fuel and solutions, renewable solvents, and feedstock for bioplastics to domestic and international wholesale markets.
• Oil Products : This segment manufactures, markets, and sells an extensive range of low-carbon solutions based on improved oil products and related services to a global customer base.
• Marketing & Services : This segment markets and sells cleaner fuels, oil products, and associated services directly to end-use customers such as private motorists, industry, transport companies, farmers, and heating oil customers.
• Others : This segment consists of the Engineering Solutions and common corporate costs.