Who we are
We are Neste, the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel.
20Mt
We are committed to supporting our customers to reduce their greenhouse gas emissions by at least 20 million tons of CO2e annually by 2030.
Paving the way to a circular and renewable future
In 2024, Neste’s revenue stood at EUR 20.6 billion and the comparable EBITDA was 1,252 million euros. Neste employed an average of 5,796 employees in 2024. Neste has production in three continents and other operations in 16 countries worldwide. Neste’s subsidiaries are located in the US and Europe. Neste’s station chains consist of almost 1000 traffic and automatic stations in Finland, Estonia, Latvia and Lithuania.
We produce high-quality renewable fuels at our refineries in Finland, the Netherlands and Singapore as well as through our joint operation with Marathon Petroleum in Martinez, California, entirely from renewable raw materials with an annual nameplate capacity of approximately 5.5 million tons. When completed, Neste’s Rotterdam refinery capacity expansion project will further increase the company’s total production capacity of renewable products to 6.8 million tons annually in 2027. Our ambition is to gradually transform our Porvoo refinery to a renewables and circular solutions refining hub.
Neste's transformation journey
Neste has a long history of developing innovative, more sustainable solutions for road transport and aviation. Our transformation journey has a strong Nordic heritage and it has taken us from being a local oil refiner to becoming a global leader in renewable and circular solutions. Together with our partners and stakeholders, we work towards creating a healthier planet for our children with more sustainable solutions. We believe this is the driving force for future success.
1948 Neste is founded to secure Finland’s oil supply
1996 The first NEXBTL patent application enabling the production of 100% renewable diesel
2000s Investing in renewable diesel production in Porvoo, Singapore and Rotterdam
2020s Increasing renewables production capacity and becoming the world's leading producer of sustainable aviation fuel
2022 Announced strategic study on transitioning the Porvoo refinery into a globally leading renewable and circular solutions site
2025 Committing to support carbon neutral growth in aviation
2030 Helping our customers reduce their GHG emissions by up to 20 million tons annually
2040 Reducing the use phase emission intensity of sold products by 50% compared to 2020 levels, and reducing emissions across our value chain
Management
Board of directors
Under the Company’s Articles of Association, the Board of Directors consists of five to ten members elected at the Annual General Meeting for a term ending at the following AGM.
President and CEO, and Neste Leadership Team
Neste’s President and CEO, Heikki Malinen manages the Company’s business operations in accordance with the Finnish Companies Act and instructions issued by the Board of Directors.
Sustainability
Neste - leading the way towards a sustainable future
Releases and news
Here you will find our latest press and stock exchange releases, and news.
