Neste (NESTE, Nasdaq Helsinki) creates sustainable choices for the needs of transport, businesses and consumers. Our global range of products and services allows customers to lower their carbon footprint by combining high-quality renewable products and oil products to tailor-made service solutions. We are the world's largest producer of renewable diesel refined from waste and residues, and we are also bringing renewable solutions to the aviation and plastics industries. We want to be a reliable partner, whose expertise, R&D and sustainable practices are widely respected. In 2016, Neste's net sales stood at EUR 11.7 billion, and we were on the Global 100 list of the 100 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 2.6 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%.