Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. Our wide range of renewable products enable our customers to reduce climate emissions. We are the world's largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. We are also a technologically advanced refiner of high-quality oil products. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. In 2017, Neste's revenue stood at EUR 13.2 billion. In 2018, Neste placed 2nd on the Global 100 list of the most sustainable companies in the world.
High-quality refining assets
Our integrated and complex refining system comprising the Porvoo and Naantali refineries in Finland provides us competitive advantage over many other refining companies.
Our renewable diesel production is based on unique and proprietary NEXBTL technology. We have state-of-the-art renewable diesel production facilities in Singapore and Rotterdam, and our annual renewable diesel production capacity is currently 2.7 Mton/a. We have established a new capacity increase program for the next wave of profitable growth.
- To be the Baltic Sea downstream champion
- Grow in global renewable feedstock-based markets
Neste's dividend policy is to distribute at least 50% of the comparable net profit as dividend. Our intention is to pay a favorable dividend to our shareholders.
- Reach 15% return on average capital employed (ROACE) after tax in long term.
- Maintain leverage below 40%.