Neste

Neste is the world's leading producer of sustainable aviation fuel, renewable diesel, and renewable feedstock solutions for the polymer and chemical industries. They are also developing chemical recycling methods and capacities to address the problem of plastic waste. Their goal is to make Finland's Porvoo refinery the most sustainable in Europe by 2030, and to achieve carbon neutral production by 2035. As refinery raw materials, they are introducing renewable and recycled raw materials such as liquefied waste plastic.

Neste's revenue was EUR 25.7 billion in 2022, while its comparable EBITDA was EUR 3,537 million. In 2022, Neste had an average workforce of 5,244 people. With a present annual nameplate capacity of over 3.3 million tons, Neste produces renewable goods in its refineries in Finland, the Netherlands, and Singapore solely from renewable raw resources. By the end of 2023, Neste will be able to produce 5.5 million tons of renewable goods thanks to the growth of its refinery in Singapore and our joint venture Martinez Renewables in Martinez, California, with Marathon Petroleum.

Neste's goal is to be a world leader in renewable and circular solutions. They have pledged to assisting our clients in reducing their annual greenhouse gas emissions by at least 20 million tons of CO2e by 2030.

Innovation is the foundation of Neste. In the beginning, it meant producing premium gasoline from low-grade petroleum. Today, its innovation teams scour the bio and circular economy for innovative raw materials and solutions, thoroughly testing their viability for industrial scale manufacturing. These multidisciplinary teams include researchers, technicians, engineers, business developers, and intellectual property (IP) specialists. The shared goal is to find the quickest paths to a healthy planet.

Founded: 1948

Headquarters: Espoo, Uusimaa

Website: https://www.neste.com