Releases and news

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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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26 January 2017 Releases and news
The Traveling Sauna in the United States will run on Neste MY Renewable Diesel
Neste Corporation Press Release 26 January 2017 at 8 am (PST) The Traveling Sauna in the United States will run on Neste MY Renewable Diesel When traveling the U.S. roads in 2017, drivers may encounter a surprise amidst the conventional cars, trucks, and 18-wheelers. Throughout the year until December, a fully-functional Finnish sauna on wheels will travel 12,000 miles across the country. Having firm roots in Finnish cleantech and engineering knowhow, Neste is a proud sponsor of the Traveling Sauna which is one of the many ways in which Finland celebrates its 100 years of independence in 2017. Neste's low-carbon drop-in renewable diesel called Neste MY Renewable Diesel will be used to fuel the truck carrying the sauna...
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24 January 2017 Releases and news
10,000 liters of Neste MY Renewable Diesel produced from waste ham fat
Neste Corporation News 24 January 2017 10,000 liters of Neste MY Renewable Diesel produced from waste ham fat Last Christmas, 40,000 Finnish households donated the waste fat from their Christmas hams to the charity campaign "Kinkkutemppu" which literally translates into Ham Trick. From this waste ham fat, Neste produced 10,000 liters of Neste MY Renewable Diesel at its Porvoo refinery for sale at Neste stations. Neste donates the value of the product to Hope, an association which helps low-income families, and to Icehearts, a sports club which aims to prevent social exclusion and promote well-being. "Altogether, we received 12,000 kg of waste ham fat, producing enough renewable diesel to travel four times around the...
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18 January 2017 Releases and news
Neste included on the Global 100 list of the world's most sustainable companies for the 11th consecutive time
Neste Corporation Press Release 18 January 2017 at 2:30 pm (EET) Neste included on the Global 100 list of the world's most sustainable companies for the 11th consecutive time Neste reached the Global 100 list of the world's top 100 most sustainable companies for the 11th consecutive time. This year Neste improved its ranking from the 39th to 23rd place, and was considered the best performing company within the Oil and Gas Industry. The company has been included on this valued list continuously for longer than any other energy company in the world. "Sustainability is a central component of our strategy and business. We consider our ranking within the Global 100 list as a an important recognition of our company's...
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18 January 2017 Releases and news
Neste rebrands its renewable diesel to Neste MY Renewable Diesel in North America
Neste Corporation Press Release 17 January 2017 at 4 pm. (PST) Neste rebrands its renewable diesel to Neste MY Renewable Diesel in North America Neste announced the rebranding of its Renewable Diesel fuel today in San Diego, California during its customer seminar and appreciation event. Neste replaces its "Neste Renewable Diesel" and earlier brand name "NEXBTL" with "Neste MY Renewable Diesel" brand name. Simultaneously, Neste also updates other names in the renewable product family to "Neste MY" brand names. Neste continues the use of NEXBTL name to identify its proprietary technology and process for production of Neste's renewable products. The name change will go into effect immediately and will be implemented...
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09 January 2017 Releases and news
Neste launches Neste MY Renewable Diesel made 100% from waste and residues in Finland
Neste CorporationPress Release9 January 2017 at 10.00 am. (EET) Neste has launched a renewable diesel made entirely from waste and residues under the brand name Neste MY Renewable Diesel at select service stations in the Helsinki region today, 9 January 2017. The product enables up to 90% lower greenhouse gas emissions throughout the life cycle of the fuel compared to conventional fossil diesel. "The launch of Neste MY is a long-expected opener in the Finnish diesel market. We want to offer this premium product to environmentally conscious consumers and corporate customers, as well as give them the chance to migrate to entirely renewable fuels. The launch of the product is also one of the ways in which Neste takes...
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