Releases and news

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05 September 2016 Releases and news
Use of renewable diesel at summer festivals reduced emissions by an amount equaling 9 flights around the world
Neste Corporation News5 September 2016 Use of renewable diesel at summer festivals reduced emissions by an amount equaling 9 flights around the world The use of Neste Renewable Diesel at Finnish summer festivals reduced carbon dioxide emissions by a total of 49 tonnes compared with the use of conventional fossil diesel. This figure corresponds with emissions generated during nine flights around the globe. The summer tour of renewable diesel started at SuomiAreena festival in Pori during the second week of July when Neste's #jätebussi (waste bus) transported event guests non-stop between Puuvilla Shopping Centre and the Eetunaukio stage. The #jätebussi waste bus was fueled by Neste Renewable Diesel, manufactured 100...
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02 September 2016 Releases and news
Help us improve our sustainability: take part in Neste's sustainability dialogue online by September 15th!
Neste Corporation News 2 September 2016 Help us improve our sustainability: take part in Neste's sustainability dialogue online by September 15th! As part of our commitment to continuous dialogue and engagement with our stakeholders, we invite you to share your thoughts and opinions on how Neste as a company should further strengthen its global sustainability efforts. All our stakeholders - customers, partners, suppliers, investors, employees, the media, local neighbors, etc. - are encouraged to offer their input by taking part in an online dialogue and virtual brainstorming running for two weeks until the 15th of September. Virtual brainstorming takes altogether about 10 minutes, more if you really wish to get...
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11 August 2016 Releases and news
Neste Renewable Diesel to power County of Sacramento's Fleet in California
Neste Corporation Press release 11 August 2016 at 6 pm (EET) Neste Renewable Diesel to power County of Sacramento's Fleet in California Neste Renewable Diesel is now being used by the County of Sacramento, California. In moving to Neste Renewable Diesel, the County Sacramento joins California's cleanest and greenest fleets that include the City of San Francisco, City of Oakland, City of Walnut Creek, City of Carlsbad, Google, and UPS. In switching from petroleum diesel to Neste Renewable Diesel made from waste and residues, the County of Sacramento will reduce greenhouse gas emissions from its fleet by up to 80 percent. The County estimates that it will reduce greenhouses gases by approximately eight thousand...
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21 June 2016 Releases and news
Neste updates names in the renewable product family
Neste CorporationPress release21 June 2016 at 4 pm (EET) Neste updates names in the renewable product family Neste has decided to update the names and logos of the company's renewable products and product families to support the Neste brand. This is a natural continuation of the name reform that began in June 2015 with the company's name change from Neste Oil to Neste and continued with the name change of the Neste station network started in 2016. Neste replaces all its "NEXBTL" product family brand names with "Neste Renewable" product family brand names. The new product and product family names will come into effect immediately. For example, company's flagship product "NEXBTL Renewable Diesel" is now "Neste...
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10 June 2016 Releases and news
Product development of Neste's low-sulfur marine fuels continues
Neste Corporation News 10 June 2016 Product development of Neste's low-sulfur marine fuels continues Neste's advanced R&D helps shipping companies to be more cost-efficient in the era of low-sulfur marine fuels. Neste is currently offering two low-sulfur marine fuels (Neste MDO DMB and Neste RMB), the sulfur content of which is less than 0.1 percent. The products meet the requirements set out in the EU Sulfur Directive for ships operating in the Baltic Sea, North Sea and English Channel. Neste's low-sulfur marine fuels that are currently available in the market are of a significantly better quality and more refined than heavy fuel oil which is regularly used as a marine fuel. The transition to Neste's low-sulfur...
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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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