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News & media

Welcome to our news room. Here you can find latest news about Neste. Also, you can preorder our Newsletter and releases and they will be posted directly to your mail box. Logos and a selection of photos can be downloaded in our Brand bank. Should you have any questions, our media team is happy to assist you.

What's up?

See below for our latest releases, news and articles. Or visit Neste's blogs on sustainability and base oils.

05 August 2015 Releases and news
Neste's Interim Report for January-June 2015
Neste Corporation Interim Report 5 August 2015 at 9 am. (EET) Neste's Interim Report for January-June 2015 Continuing strong refining market enabled good result despite the scheduled major turnaround at the Porvoo refinery Second quarter in brief: Comparable operating profit totaled EUR 78 million (Q2/2014: EUR 86 million) Negative impact of the Porvoo refinery turnaround on comparable operating profit was EUR 130 million Total refining margin was USD 10.83/bbl (Q2/2014: USD 8.33/bbl) Renewable Products' comparable sales margin was USD 210/ton (Q2/2014: USD 200/ton) Net cash from operations totaled EUR 227 million (Q2/2014: EUR 219 million) January-June in brief: Comparable operating profit totaled EUR 293...
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04 August 2015 Releases and news
Neste to invest EUR 60 million in Naantali to improve the competitiveness of the refining operations
Neste Corporation Press release 4 August 2015 at 3 pm. (EET) Neste to invest EUR 60 million in Naantali to improve the competitiveness of the refining operations Neste has decided to invest about EUR 60 million in the Naantali production. The investments are connected to the program announced in October 2014 with which Neste will develop the refineries in Porvoo and Naantali as one unit to improve the competitiveness of its refinery operations. With these investment decisions, Neste will simplify the refinery structure in Naantali and improve the process efficiency, which will lower the production costs and increase feedstock supply to Porvoo. Together with the investment program implemented in Porvoo, the share of...
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03 August 2015 Releases and news
Neste's NEXBTL renewable diesel to reduce Flow Festival's carbon footprint again
Neste Corporation Press release 3 August 2015 at 10 am. (EET) Neste's NEXBTL renewable diesel to reduce Flow Festival's carbon footprint again Neste has once again been chosen as the environmental partner of the Flow Festival arranged on 14-16 August. Neste will deliver the 100% NEXBTL renewable diesel for the electricity production at the event. With the help of the NEXBTL renewable diesel made of waste and residue, Flow Festival's carbon footprint will decrease significantly compared to using fossil fuel. "With the NEXBTL renewable diesel, it is possible to reach as much as 90 per cent lower greenhouse gas emissions during the lifecycle than with fossil diesel. We are extremely pleased that the top-quality and cleanly...
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30 July 2015 Releases and news
Neste's NEXBTL renewable diesel will fuel UPS's fleet
Neste Corporation Press release 30 July 2015 9 am. (EET) Neste's NEXBTL renewable diesel will fuel UPS's fleet Neste, the world's leading producer of premium quality renewable fuels will supply NEXBTL renewable diesel to UPS, the global leader in logistics, to help facilitate UPS's shift to alternative fuels. Neste's NEXBTL renewable diesel will be used by UPS's fleet operating in the USA starting mid-2015 and the mutual intention is to expand the cooperation globally. Neste's global renewable diesel reach is well aligned with UPS's global business. UPS is planning to use up to 46 million gallon equivalents of renewable fuels over the next three years which will make UPS one of the largest users of renewable diesel in the...
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29 July 2015 Releases and news
Neste to publish its second quarter results on 5 August 2015
Neste Corporation Press Release 29 July 2015 at 10.00 am. (EET) Neste to publish its second quarter results on 5 August 2015 Neste will publish its second quarter 2015 results on Wednesday, 5 August 2015 at approximately 9 am. (EET). The release will be available on the Neste website immediately after publishing. A press conference in Finnish will be held on the same day at 11.30 am. (EET) in Neste's Head Office, Keilaranta 21, Espoo. www.neste.com/investors will feature English versions of the presentation materials. A conference call in English for investors and analysts will be held 5 August 2015, at 3 pm. Finland / 1 p.m. London / 8 am. New York. The call-in numbers are as follows: Finland: +358 (0)9 6937 9543, rest...
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13 July 2015 Stories
Use of renewable diesel promotes Helsinki Airport's Green Hub project
Refueling planes at Helsinki Airport is an extensive and challenging operation that puts the refueling stock to a hard test. In fact, the airport is a good place for testing 100% renewable diesel under extremely challenging conditions. It comes as a surprise to many how huge an operation it is to refuel planes at an international airport. "For European flights, planes typically require some 10,000 liters. For planes flying to China, Japan and other Asian destinations, the volume of fuel increases to 70,000–80,000 liters”, says Petteri Yli-Ilkka, Neste's Sales Manager in charge of fuel sales at Helsinki Airport. The refueling trucks have been using 100% renewable NEXBTL diesel already for two and a half years....
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13 July 2015 Stories
Innovative marine technology helps to save the environment
Neste install smart software that reduces emissions and yields great savings in fuel costs in the tankers it uses. The company will also ensure its operations are sustainable by offering the new technology to its partners. The Marorka system, which monitors speed, fuel consumption and location, will be installed in the ships used by Neste. The innovative computer system will result in savings of up to millions of euros in the fuel consumption of tankers used by Neste. The system helps to optimize The system allows the efficiency of ship operations to be monitored with unprecedented accuracy. "Above all, it is a question of cultural change," says Jacob Granqvist, Operations Manager at Neste Shipping. "We...
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13 July 2015 Stories
Neste renewed the online service experience
Neste has launched a reform of its online services, aiming to serve customers even better in a changing market. The first phase of the reform is the new website launched towards the end of the spring. The reform project aimed to improve the quality of online service at every level. The technology platform, site design and content were updated to better meet customer needs. Thousands of content elements have been created for the site. The work has involved approximately 13 organizations within Neste and some 15 external companies – bringing the total number of people to a three-digit number. The development work has continued for about a year. Extensive planning and a preliminary survey preceded it. Customer-oriented...
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