Neste is a Finland-based company engaged in the refining and marketing of petroleum and petroleum products. It has two business areas and four reporting segments. The business areas are: Oil Products & Renewables and Oil Retail. The segments are: Oil Products, Renewable Fuels, Oil Retail and Others. The Oil Products & Renewables area produces and sells petroleum products such as gasoline, diesel fuel, aviation and bunker fuel, heating oil, heavy fuel oil, base oil, gasoline components, specialty fuels, fuels, liquefied petroleum gas (LPG) and bitumen as well as renewable diesel and aviation fuel under the brand name NExBTL. The Oil Retail operates a network of over 1,100 stations in Finland, Russia, the Baltic states and Poland, selling own products as well as lubricants and chemicals.
Technip Energies Awarded Two Contracts by Neste for Development of Its Renewables Production Platform in Rotterdam, the Netherlands
Two contracts have been awarded for work on the development of the renewables production platform in Rotterdam, the Netherlands, as part of the existing Partnership Agreement between Neste and Tech...
Neste successfully completed its first industrial-scale processing run with liquefied waste plastic in Porvoo, Finland
Neste has a target to process annually over 1 million tons of waste plastic from 2030 onwards. The company plans to use liquefied plastic waste as a raw material at its fossil oil refinery to upgra...
Neste to acquire Bunge's refinery plant in Rotterdam
Neste has agreed to acquire Bunge refinery plant located in Rotterdam, the Netherlands for a purchase price of 258 million euros, to increase raw material pretreatment capacity for the production o...
Neste acquired Count Terminal Rotterdam to strengthen its growth strategy in renewable raw materials supply
Neste has acquired 100% of the Dutch Count Companies BV’s Count Terminal Rotterdam BV and its supporting entities, part of the First Dutch Group of Peter Goedvolk.
LyondellBasell and Neste announce commercial-scale production of bio-based plastic from renewable materials
This collaboration marks the first time bio-based polypropylene and bio-based low-density polyethylene were produced simultaneously at commercial scale
Neste breaks ground on world's first Bio LPG facility in Rotterdam
he EUR 60 million facility will start production of Bio LPG in the end of 2016. SHV Energy will market and sell Bio LPG to be produced at Neste's Rotterdam refinery.
Neste Oil celebrates the grand opening of Europe's largest renewable diesel refinery in Rotterdam
The start-up of the Neste Oil's Rotterdam refinery took place in September 2011. The refinery produces premium-quality NExBTL renewable diesel, which is the cleanest and highest-quality renewable d...