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.

27 August 2015 Stories
Major Challenges in Lubricants – Maintaining Quality While Speeding Oils to Market
Base oil and lubricant manufacturers are facing unprecedented challenges with new specifications and many new engine tests. “It is vital to make sure that quality of products is not compromised, which could lead to engine issues,” says Chris Castanien. He explains how this can be achieved. The challenges are caused by new engine oil specifications, and the new tests attached to them. Altogether, about a dozen new engine tests will be introduced in the near future. “The scope of these challenges is unprecedented. The industry has never introduced so many engine tests at once,” says Chris Castanien. He is the technical services manager in Americas for Neste, the global supplier of high quality Group III base oils for...
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21 August 2015 Releases and news
Neste's renewable fuel patent portfolio becomes stronger
Neste Corporation Press release 21 August 2015 at 9 am (EET) Neste's renewable fuel patent portfolio becomes stronger Neste's patent portfolio in renewable fuels has strengthened with new patents in Europe and the United States. The patents further strengthen Neste's NEXBTL patent portfolio both geographically and in terms of duration, as the patents will remain in force in the United States and extensively in Europe up to 2025. "Neste is the world's largest producer of premium-quality renewable diesel. The new patents granted for the company's proprietary NEXBTL technology are yet another indication of the pioneering nature and innovation of our technology. This encourages us to continue our cutting-edge R...
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20 August 2015 Releases and news
Neste Jacobs selected by Borouge as FEED contractor for polyethylene plant modification in Ruwais, UAE
Neste Jacobs Oy Press Release 20 August 2015 at 9.00 am. (EET) Neste Jacobs selected by Borouge as FEED contractor for polyethylene plant modification in Ruwais, UAE Borouge, the Abu Dhabi based leading provider of innovative, value creating plastics solutions has selected Neste Jacobs, a technology, engineering and project management company as a Front End Engineering and Design (FEED) service contractor for its polyethylene plant modification project, located in Ruwais industrial area, United Arab Emirates. This project is the third FEED project in a row, which Neste Jacobs is delivering to Borouge in the UAE under the long term service contract that was previously signed between the two companies    (Tier...
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19 August 2015 Stories
Enjoy summer events with more environmentally friendly electricity
The choice of fuel for generating power for events is crucial for the environmental friendliness, reliability and comfort of large outdoor events. Using NEXBTL renewable diesel reduces greenhouse gas emissions by 40%−90%.   If everything goes well, no one thinks about it. On the other hand, if problems emerge, they can ruin the entire festival. That is what event electricity is about. Summer events are commonly held outdoors. They often require building a temporary power grid and bringing in heavy diesel generators. Concerts in particular need several of them. Completely new kind of attention has been paid to the fuel used in generators in recent years. Neste already supplies several Finnish events with...
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13 August 2015 Releases and news
Collaboration with BSR organization to improve social sustainability
News 13 August 2015 Social sustainability is a growing area of focus for Neste which is working together with Business for Social Responsibility (BSR) to tackle social challenges. "In order to advance social sustainability, we need to improve our understanding of complex social issues particularly in Southeast Asia and BSR is helping us to do so," explains Simo Honkanen, Neste Senior Vice President, Sustainability and Public Affairs. Neste's cooperation with BSR started in spring 2015 when a contract was signed concerning a labor rights study in Malaysia. BSR is a global nonprofit organization, with a network of more than 250 member companies, working to build a just and sustainable world. With offices in Asia, Europe, and...
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12 August 2015 Releases and news
Neste's NEXBTL renewable diesel retail availability expands into Southern California
Neste Corporation Press release 12 August 2015 at 6 pm. (EET) Neste's NEXBTL renewable diesel retail availability expands into Southern California After a very successful debut in Northern California, Neste's NEXBTL renewable diesel is now also available to drivers in Southern California at retail stations. Propel Fuels is the first retailer in the world to sell essentially neat NEXBTL renewable diesel to consumers under the brand name Diesel HPR (High Performance Renewable). NEXBTL based Diesel HPR proved an instant hit in March 2015 when it was launched at 18 Propel stations across Northern California. Within the first three months, Propel experienced a 300% increase in sales volume and customers provided great feedback...
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10 August 2015 Stories
Low-emission experiences with NEXBTL
At Neste, we want to offer people an opportunity to enjoy travel and experiences with less environmental impact. NEXBTL renewable diesel is a premium-quality, low-emission alternative to fossil fuels. It is made from renewable feedstocks. The use of NEXBTL renewable diesel for electricity generation at Flow makes it possible to considerably reduce the carbon footprint of the festival. We are proud that we have met the strict environmental and sustainability requirements set by Flow for its partners. This is another feather in the cap of one of the world's most sustainable companies.  Renewable traffic fuels are part of the solution in the fight against climate change "Advanced biofuels", such as Neste's...
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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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