Neste Oyj is a Finland-based energy company specializing in oil refining, marketing, and renewable solutions. Founded in 1948 to secure post-war energy supply for Finland, the company has evolved into a global leader in clean fuels and sustainable feedstocks. Neste’s integrated business model covers the entire value chain from crude oil and renewable raw materials sourcing to refining, product distribution, and end-user delivery.
The company’s core product portfolio includes low-emission fuels such as Neste MY Renewable Diesel and Neste MY Sustainable Aviation Fuel, which are produced from certified waste and residue raw materials. Alongside its renewable segment, Neste operates traditional oil refining and marketing activities under its Oil Products division, offering gasoline, diesel, and marine fuels. In addition, the company produces and markets base oils, specialty chemicals, and bitumen products through its Renewable Polymers & Chemicals business.
Neste maintains a global footprint with refineries and production units in Finland, Singapore, and Rotterdam, complemented by a network of 1,400 service stations across the Nordic and Baltic regions. Its renewable products are supplied to customers in Europe, North America, and Asia-Pacific, supported by joint ventures and partnerships that facilitate feedstock sourcing and product distribution. R&D centers in Espoo and other locations drive innovation in hydroprocessing technologies and waste feedstock conversion, underpinning the company’s commitment to circular economy solutions.
Led by President and CEO Peter Vanacker, Neste emphasizes sustainability, operational excellence, and strategic growth in renewable energy. The leadership team focuses on expanding capacity for renewable fuels and scaling up low-carbon solutions, while maintaining safety and reliability in its refining operations. Neste’s long-term strategy aims to support global decarbonization efforts and strengthen its position as a leading provider of renewable and circular economy products.
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