Neste News and Inspiration

Releases and news

For more updates on what's going on at Neste, visit our global News & media page. 

25 May 2017 Releases and news
Work is changing - Improve your working ways with small steps
Mentor and business development director Pekka Pohjakallio from Hintsa Performance explains how to achieve a better working life. Globalization, digitalization, automation. These are big words that can seem scary, but they are all trends that have been influencing working life for a long time. The biggest difficulties in today's working life are continually being in a rush, having an unclear job description, and the fatigue that follows from these. Although people's volume of work may not have increased, the amount of stimuli we are exposed to is growing dramatically. This proliferation of stimuli continually pulls our attention in multiple opposing directions, placing a heavy burden on our minds. At the same time, the...
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27 April 2017 Releases and news
Neste's Interim Report for January-March 2017
Neste Corporation Interim Report 27 April 2017 at 9 am (EET) Neste's Interim Report for January-March 2017 Good start of the year - comparable operating profit up 17% year-on-year First quarter in brief: · Comparable operating profit totaled EUR 204 million (EUR 175 million) · IFRS operating profit totaled EUR 271 (EUR 254 million) · Oil Products' total refining margin was USD 11.00/bbl (USD 10.49/bbl) · Renewable Products' comparable sales margin was USD 286/ton (USD 288/ton) · Cash flow before financing activities was EUR -25 million (EUR 73 million) · Return on average capital employed (ROACE) was 16.6% over the last 12 months (2016: 16.9%) · Leverage ratio was 15.3% at the end of March (31.12.2016: 15.4%) President...
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24 April 2017 Releases and news
The Doughnut Trick: renewable fuel from May Day doughnut waste fat
Neste CorporationNews24 April 2017 The Doughnut Trick: renewable fuel from May Day doughnut waste fat In the spirit of circular economics, Neste and Fazer Bakery are joining forces with their Doughnut Trick campaign. The oil that was used to fry Fazer Bakery's May Day doughnuts will be recycled by refining it to produce Neste MY renewable diesel. The value of the fuel will be donated to the Finnish chapter of the charity SOS Children's Village International. The amount of diesel that's made from the oil used to fry every three doughnuts is enough to drive a distance of about one kilometer.   Now, for May Day, Fazer Bakeries and Neste are doing good together. Fazer Bakeries will donate to Neste the fat used to fry...
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05 April 2017 Releases and news
Neste shows leading transparency with its site on crude palm oil supply chain
Neste Corporation Press Release 5 April 2017 at 10 am (EET) Neste shows leading transparency with its site on crude palm oil supply chain  Neste has today published updated information about all its crude palm oil suppliers on the company's website. The data covers the entire supply chain, i.e. all companies, mills, and estates that supplied Neste with crude palm oil in 2016. The dashboard website offers information on the suppliers, certification systems used, and certification documentation, and provides access to a map service enabling the users to see the geographical location of the mills. In addition to the information on the suppliers, the site also offers an update on Neste's corporate level usage of...
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31 March 2017 Releases and news
Neste's new environmental gaming platform launched globally in San Francisco school
Neste Corporation Press Release    Neste's new environmental gaming platform launched globally in San Francisco school Based on the Paris Agreement on climate change, Neste's educational AR game EduCycle sets out to teach children about CO2 emissions If the environment were a game, would we win? EduCycle, a new gaming platform that uses augmented reality (AR), teaches children ages 12 and up about the impact their decisions have on the environment. Designed and built by Neste, the game's challenge is to reduce the world's carbon dioxide emissions to the level specified in the 2015 Paris Agreement on climate change.  On March 30, 2017, Neste donated the first game to Lincoln High School in San...
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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...
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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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