Releases and news

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21 March 2017 Releases and news
The US EPA to implement renewable fuel volume requirements for 2017 as decided in November 2016
Neste Corporation Press Release 21 March 2017 at 4.30 pm (EET)   The US EPA to implement renewable fuel volume requirements for 2017 as decided in November 2016   The Regulatory Freeze Pending Review by the new US administration, which was applied to the renewable fuel volume requirements for 2017, has expired. Hence, the Environmental Protection Agency (EPA) continues to implement the final ruling under the Renewable Fuel Standard (RFS) program as published on 23 November 2016. The ruling calls for increases in the renewable fuel volume requirements for 2017, and includes a volume requirement for biomass-based diesel for 2018.   The EPA ruling provides for increases across all types of biofuels. For 2017,...
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09 March 2017 Releases and news
Neste MY Renewable Diesel helped reduce greenhouse gas emissions by a staggering 6.7 million tons in 2016
Neste Corporation Press Release 9 March 2017 at 10 am (EET) Neste MY Renewable Diesel helped reduce greenhouse gas emissions by a staggering 6.7 million tons in 2016 Neste is the world's leading company producing renewable diesel from waste and residues. Its low-carbon Neste MY Renewable Diesel refined from renewable raw materials helped its users replace conventional diesel and reduce carbon emissions by a staggering 6.7 million tons in 2016. The amount equals the permanent removal of 2.4 million passenger cars from the roads for one full year. "With Neste MY Renewable Diesel, any environmentally-conscious driver of a diesel-powered vehicle can instantly reduce the carbon footprint of his or her transportation. The...
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08 March 2017 Releases and news
Neste Annual Report, Corporate Governance Statement and Remuneration Statement for 2016 published
Neste CorporationStock Exchange Release 8 March 2017 at 9 am. (EET) Neste Annual Report, Corporate Governance Statement and Remuneration Statement for 2016 published Neste Annual Report 2016 has been published and can be read on the company's web site at www.neste.com/annualreport. The Annual Report 2016 includes the Financial Statements, the Review by the Board of Directors, the Auditors' Report, together with the Corporate Governance Statement and Remuneration Statement. Annual Report also includes the Strategy Review and the Sustainability Report. The Annual Report, Corporate Governance Statement, and Remuneration Statement can also be found in the PDF files enclosed with this release. Neste Corporation Kaisa...
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07 March 2017 Releases and news
Success based on ten years of productive raw material research
Neste Corporation News7.3.2017 Success based on ten years of productive raw material research Neste's success in renewable products is backed by ten years of proactive and target-oriented research. Its aim has been to find suitable raw materials in terms of their quality and costs and to expand the company's raw material range.   Ten years ago to the date in March 2007, Neste's R&D laboratory received 10 liters of rapeseed oil - the first sample of commercial renewable raw materials to be examined.  The next sample consisted of 10 liters of used cooking oil (UCO). Ever since, Neste has analyzed a couple of hundred samples a year and, by this date, it has conducted a total of 1,723 analyses.   "We...
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28 February 2017 Releases and news
Neste and Prince Ea's spoken word films viewed over 560 million times
Neste CorporationNews28 February 2017 Neste and Prince Ea's spoken word films viewed over 560 million times Neste, the world's leading producer of renewable diesel, opened up a worldwide sustainability discussion in 2016 with their renewable innovations oriented Pre-order the Future project. The American spoken word artist and environmentalist Prince Ea as their spokesperson, Neste engaged millions of people in the discussion and created eye-opening films about the importance of responsible choices. The first two collaborative content pieces encouraged people to reach for their dreams and raised questions about the future of the school system. In the latest film called The Future I Believe In Prince Ea...
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07 February 2017 Releases and news
Neste renames its Oil Retail business area Marketing & Services
Neste Corporation Stock Exchange Release7 February 2017 at 9.35 am. (EET) Neste renames its Oil Retail business area Marketing & Services Neste Corporation's Oil Retail business area will from now on be called Marketing & Services. The business area will include the same business operations as the Oil Retail business area did. Marketing & Services is one of Neste Corporation's three reporting segments, and it made a comparable operating profit of EUR 90 million in 2016. The reason for renaming the business area is the increased importance of solutions and services in the Marketing & Services business area. As a rule, the new name will be used in its English form. Neste Corporation Kaisa Lipponen...
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07 February 2017 Releases and news
Neste's Financial Statements Release for 2016
Neste CorporationFinancial Statements Release7 February 2017 at 9 am (EET) Neste's Financial Statements Release for 2016 Continued successful strategy implementation and record-high financial results 2016 - dividend proposed to be increased by 30% to EUR 1.30 per share 2016 in brief: Comparable operating profit totaled EUR 983 million (EUR 925 million) IFRS operating profit totaled EUR 1,155 million (699 million) Oil Products' total refining margin was USD 10.38/bbl (USD 11.79/bbl) Renewable Products' comparable sales margin was USD 348/ton (USD 299/ton) Cash flow before financing activities totaled EUR 834 million (EUR 480 million) Return on average capital employed (ROACE) was 16.9% (16.3%) Leverage...
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31 January 2017 Releases and news
Neste to publish its 2016 results on 7 February 2017
Neste Corporation Press Release 31 January 2017 at 10.00 am. (EET) Neste to publish its 2016 results on 7 February 2017 Neste will publish its fourth quarter and full year 2016 results on Tuesday, 7 February 2017 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) at 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 on 7 February 2017, at 3 pm. Finland / 1 pm. London / 8 am. New York. The call-in numbers are as follows: Finland: +358 (0)9...
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