Releases and news

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08 June 2016 Releases and news
Double win for Neste Renewable Diesel at the Nürburgring 24 h-hour race - one of the biggest motor races worldwide
Neste Corporation News 8.6.2016 Double win for Neste Renewable Diesel at the Nürburgring 24 h-hour race - one of the biggest motor races worldwide Excellent performance thanks to Neste Renewable Diesel: The Audi A4 in front of the  Mercedes terrace located in the Yokohama-S bend during the Nürburgring 24 h-hour race. The Nürburgring 24-hour race is generally considered as one of the biggest motor races worldwide.  Neste, the global market leader for sustainable, premium-quality diesel made of residues and waste products could celebrate a double win with Neste Renewable Diesel in the fiercely contested FIA Alternative Energies Cup at its very first run-out at the Nürburgring. This result speaks in...
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28 April 2016 Releases and news
Neste Renewable Isoalkane to be used for Avantherm's renewable products for transferring heat and cold
Neste Corporation Press Release 28 April 2016 at 9.30 am. (EET) Neste Renewable Isoalkane to be used for Avantherm's renewable products for transferring heat and cold Avantherm, a Swedish company specializing in Heat Transfer Media products, has started using Neste Renewable Isoalkane to produce the next generation, high-performance and more environmentally friendly products that will facilitate the transition to a fossil free society. Avantherm becomes one of the first companies in the world to market Heat Transfer Media produced from renewable raw materials. "Neste is proud and happy to support Avantherm in launching new sustainable and high-performance renewable products for replacing fossil oils and chemicals," says...
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27 April 2016 Releases and news
Neste's Interim Report for January-March 2016
Neste Corporation Interim Report 27 April 2016 at 9 am. (EET) Neste's Interim Report for January-March 2016 Good start for the year - renewables continued strong performance and refining market followed normal seasonality First quarter in brief: · Comparable operating profit totaled EUR 175 million (Q1/2015: EUR 215 million) · IFRS operating profit totaled EUR 254 (Q1/2015: EUR 233 million) · Oil Products' total refining margin was USD 10.49/bbl (Q1/2015: USD 11.66/bbl) · Renewable Products' comparable sales margin was USD 288/ton (Q1/2015: USD 205/ton) · Cash flow before financing activities was EUR 73 million (Q1/2015: EUR -83 million) · Return on average capital employed (ROACE) was 16.0% over the last 12 months (2015:...
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22 April 2016 Releases and news
Over 16 million views per day - Neste's viral hit launches "Pre-order the Future" project
Neste Corporation Press Release 22 April 2016 at 11.30 am. (EET) Over 16 million views per day - Neste's viral hit launches "Pre-order the Future" project Neste launched its new "Pre-order the Future" project with a viral video that gained millions of viewers. The video, entitled EVERYBODY DIES, BUT NOT EVERYBODY LIVES, with YouTube megastar Prince Ea, was viewed almost 16 million times in 24 hours. The video has been shared a whopping 300,000 times. Video can be seen at neste.com/preorderthefuture. This is one of the biggest viral hits in Finland, and it launched Neste's "Pre-order the Future" project. The project lasts until next year and offers everyone the opportunity to contribute to renewable products and...
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20 April 2016 Releases and news
Neste launches pioneering project with Prince Ea to help create future renewable products and services
Neste Corporation Press Release 20 April 2016 at 9 am. (EET) Neste launches pioneering project with Prince Ea to help create future renewable products and services Neste, the world's leading producer of renewable diesel, and spoken word artist, Prince Ea, have launched a one-of-a-kind project that enables people to participate in the development of future renewable products and services. The project, Pre-Order the Future, focuses on product and service ideas across five topics: public spaces, entertainment, travel, learning, and mobility. Everyone is encouraged to comment and vote on their favorite ideas and submit their own ideas how to use renewable raw materials in the future. "We are determined to create...
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18 April 2016 Releases and news
Neste Renewable Jet Fuel to power KLM flights between Oslo and Amsterdam
Neste Corporation Press Release 18 April 2016 at 11 am. (EET) Neste Renewable Jet Fuel to power KLM flights between Oslo and Amsterdam  Photo: KLM image bank Earlier this year, Oslo Airport Gardermoen became the world's first airport to offer renewable jet fuel refined by Neste in its hydrant system. KLM Royal Dutch Airlines announced that it will launch a series of flights with a fuel blend consisting of Neste Renewable Jet Fuel.     "We are very happy that KLM is using Neste Renewable Jet Fuel in dozens of flights from Oslo to Amsterdam. It shows that KLM is a pioneer in reducing greenhouse gas emissions from aviation," says Kaisa Hietala, Executive Vice President of Renewable Products at Neste. "KLM...
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11 April 2016 Releases and news
CO2 recovery plant started commercial operation at Neste's refinery in Singapore
Neste CorporationPress Release11 April 2016 at 1 pm. (EET) CO2 recovery plant started commercial operation at Neste's refinery in Singapore A carbon dioxide (CO2) recovery and liquefaction plant built at Neste's renewable products refinery in Singapore has started commercial operation. Since the completion of its construction at the end of 2015 and start-up at the end of March 2016, the plant has been recovering the CO2-containing crude gas that is released as a by-product of Neste's renewable fuel refining process. The recovery of CO2 is expected to cut Neste's Singapore refinery's CO2 emissions significantly at an annual level, while simultaneously increasing the refinery's resource efficiency and decreasing the...
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04 February 2016 Releases and news
Record-high full-year comparable operating profit and strong cash flow - dividend proposal EUR 1.00 per share
Neste Corporation Financial Statements Release 4 February 2016 at 9 am. (EET) Record-high full-year comparable operating profit and strong cash flow - dividend proposal EUR 1.00 per share 2015 in brief: · Comparable operating profit totaled EUR 925 million (2014: EUR 583 million) · IFRS operating profit totaled EUR 699 million (2014: 150 million) · Oil Products' total refining margin was USD 11.79/bbl (2014: USD 9.83/bbl) · Major turnaround at the Porvoo refinery completed during the second quarter. · Renewable Products' comparable sales margin was USD 299/ton (2014: USD 278/ton) · Cash flow before financing activities was EUR 480 million (2014: EUR -59 million) · Return on average capital employed (ROACE) was 16.3% (2014...
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