Neste strategy
At Neste, we are leading the way towards a sustainable future. We are committed to further strengthening our position as the world’s leading producer of sustainable aviation fuel and renewable diesel.
We at Neste have a successful history with strong value creation over the past 20 years. Our investments in renewable fuels have made us the market leader in sustainable aviation fuel (SAF) and renewable diesel.
Neste is able to utilize low-quality renewable raw materials to produce high-quality renewable fuels at scale. Our key sources of competitive advantage stem from global raw material sourcing and unique pretreatment capabilities. We also have refining capacity on three continents, enabling global value-chain optimization.
We are committed to further strengthening our position as the world’s leading producer of sustainable aviation fuel and renewable diesel. We have local market expertise combined with global scale. Our renewable fuels capacity will be increased to 6.8 million tons in 2027.
As the world needs to mitigate climate change and shift away from fossil fuels, there will be a growing market for lower-emission fuels in the long term. Successful decarbonization of hard-to-abate industries such as aviation is heavily dependent on drop-in solutions like SAF.
We will continue to seek growth in renewable fuels targeting market leadership, cost competitiveness and technology advantage.
Neste's priorities
During the coming few years, the company will extract the full commercial potential from its existing operations and the Rotterdam refinery expansion. Neste aims to improve refinery performance through better safety, reliability and project execution. In 2025–2026, the company will focus on defined priorities and reset its cost structure, while in 2027–2028 it will prepare next steps of growth, focusing on selected development initiatives. Maintaining a strong balance sheet will be crucial in both of these phases.
As the renewables industry matures, Neste will increase its focus on competitiveness and capital discipline. Our Marketing & Services and Oil Products business areas play an important role as cash generators enabling growth in renewables. As a global industrial company, we must improve safety and operational efficiency throughout the company, while continuing our efforts to broaden the raw material base and to develop scalable and cost-efficient production technologies in renewables.
About Neste
Neste’s Purpose, Vision And Values
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