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Business

Neste is in the business of combating climate change and driving circular economy. We help transport and cities, as well as customers in the aviation, polymers and chemicals sectors make their business more sustainable. 

We are the world’s largest producer of renewable diesel and renewable jet fuel refined from waste and residues, introducing renewable solutions also to the polymers and chemicals industries. We are also a technologically advanced refiner of high-quality oil products, exploring ways to start using waste plastics as a raw material to produce new plastics. In 2019, Neste’s revenue stood at EUR 15.8 billion. In 2020, Neste placed 3rd on the Global 100 list of the most sustainable companies in the world. 

Our aim is to become a global leader in renewable and circular solutions. We are committed to supporting our customers to reduce their greenhouse gas emissions by at least 20 million tons every year by 2030.

Renewable Road Transportation

Business unit offers Neste MY Renewable Diesel and enables its customers to reduce their greenhouse gas (GHG) emissions by up to 90% compared to fossil diesel over the life-cycle.

Renewable Aviation

Business unit is expected to play a significant role in helping the aviation industry with its emission reduction targets. Our capacity will be to produce over 1 million tons of renewable jet fuel annually in 2022. Over the life-cycle, neat Neste MY Renewable Jet Fuel has up to 80% smaller carbon footprint compared to fossil jet fuel.

Renewable Polymers and Chemicals

Business unit develops renewable and circular solutions for the plastics and chemicals sectors together with value chain partners. Our solutions help reduce crude oil dependency and tackle climate change and global plastic waste challenge.

Renewables Platform

Enables Neste to further expand its production capacity and raw material platform. We have more than 10 different globally sourced renewable raw materials in our portfolio.

Oil Products

Business area offers high-quality oil products and related services for road transport, aviation and marine sectors as well as for oil and petrochemical industries. We are known for reliability and flexibility with a comprehensive offering, high supply security and efficient operations. As part of our systematic business development, we are exploring ways to increase the sustainability of our operations and increase the share of renewable and recycled feedstock as future raw materials for fossil refining.

Marketing & Services

Business area offers sustainable solutions for the needs of consumers and a wide variety of B2B partners and customers. Our network of nearly 1,000 stations covers four countries in the Baltic Sea region: Finland, Estonia, Latvia, and Lithuania. We utilize data, insight, and digitalization to support growth, quality, and efficiency. We seek to develop a diverse range of services as part of our offering and to be where the customers are – in the mobile sphere.