Neste

Last updated

Neste Oyj
Company type Julkinen osakeyhtiö
Nasdaq Helsinki:  NESTE
Industry Oil and gas industry
Founded1948;76 years ago (1948)
Headquarters
Espoo
,
Finland
Key people
Matti Lehmus (President and CEO)
Matti Kähkönen (Chairman of the Board)
ProductsRefined oil products
Renewable fuels
RevenueIncrease2.svg €15.148 billion (2021)
Increase2.svg €2.023 billion (2021)
Increase2.svg €1.774 million (2021)
Total assets Increase2.svg €12.417 billion (2021)
Total equity Increase2.svg €6.985 billion (2021)
Number of employees
4,872 (2021)
Website www.neste.com
Footnotes /references
[1]
Neste's logo until 1 April 2015 Neste-Oil-Logo.svg
Neste's logo until 1 April 2015

Neste Oyj (international name: Neste Corporation; former names Neste Oil Corporation and Fortum Oil and Gas Oy; Finnish pronunciation: [ˈneste] ) is an oil refining and marketing company located in Espoo, Finland. It produces, refines and markets oil products, provides engineering services, and licenses production technologies. Neste has operations in 14 countries. [2]

Contents

Neste shares are listed on the Nasdaq Helsinki. As of 2022, the Prime Minister's Office of Finland is the largest shareholder in the company, owning 35.91% of shares. [3]

In 2021, Neste was the third largest company in Finland in terms of revenue. [4]

The name "Neste" means "liquid" in Finnish.

History

1948–1997 (Neste)

Neste was founded in 1948 as the State petrol company of Finland with the purpose to ensure the availability of refined fuels in Finland. The company's headquarters was established in Espoo. [5]

In 1955, Uolevi Raade became the company's CEO. [5] In 1957, the first oil refinery in Finland was built at Naantali using US technology. [6] [7] [8] The Porvoo refinery was built in 1965 in Sköldvik (Kilpilahti). [6] Originally, much of the oil refined was of Soviet origin, though North Sea oil was used after the collapse of the USSR. [9]

In 1971, Neste acquired half of Kesko-owned Kesoil. [10]

[11]

Because of the operations of Neste, the oil crisis of 1973 had little effect in Finland. [9]

In 1976, Finland's first skyscraper, Neste's 83.6-meter tall headquarters, was built in Keilaniemi, Espoo. [12]

In 1980, Jaakko Ihamuotila became the CEO. [5]

Neste started its service station operations in 1983. [6]

Neste held a legal import monopoly until the market liberalization in the 1990s. [9]

In 1991, Neste became the majority owner of Finnoil. Kesoil also became a wholly owned subsidiary. In 1992, Union service stations became Neste service stations. The following year the same happened to Finnoil service stations. [13]

In 1994, Gasum was established with Gazprom as a minor (25%) shareholder. In 1994, Neste's polyolefin production was separated into Borealis, a joint venture with the Norwegian Statoil. In 1998, Neste's 50% stake in Borealis was sold to OMV and IPIC. [14]

In 1994, Neste began as the main sponsor of a competition previously known as the Finnish Rally and renamed Neste Rally Finland. In October 2020, Neste ended its 26-year title sponsorship. [15] [16]

In November 1995, the company was listed on the main list of the Helsinki Stock Exchange. [6]

1998–2005 (Neste as part of Fortum)

In 1998, Neste merged with the power company Imatran Voima Oy to create Fortum Oyj. After the merger the chemical operations of Neste were transferred to the newly established company Neste Chemicals, which was sold to the investment firm Industri Kapital for $535 million. [17] In 1998, Kesoil service stations also became Neste stations. [13]

An engineering joint venture, Neste Jacobs Oy, was established with the American Jacobs Engineering in 2004. [18] In May 2004, Fortum Oil and Gas Corporation was split into two: the company's oil business was renamed Fortum Oil Corporation and other operations renamed Fortum Heat and Gas Corporation. [6] Fortum Oil Corporation was a subsidiary of Fortum Corporation. [19]

2005–2014 (Neste Oil)

In the spring of 2005, Fortum Oil Corporation was demerged from Fortum, becoming the Neste Oil Corporation. [19]

Neste Oil Corporation was listed on the Helsinki Stock Exchange in June 2005. [19] Risto Rinne started as Ihamuotila's successor and CEO. [20]

A renewable diesel plant, using second generation biofuels and NEXBTL technology and located at the Porvoo refinery, was brought on stream in 2007, together with a new conventional diesel production line. [21] In the same year, the entire bus fleet of Helsinki Region Transport switched fully to diesel produced using NEXBTL technology. Experiments by Neste, VTT Technical Research Centre of Finland and Proventia showed that local emissions decreased significantly after the switch, with overall particle emissions decreasing by 30% and nitrogen oxide emissions by 10%, with excellent winter performance and no problems with catalytic converters. [22] [23] A second renewable diesel plant at Porvoo became operational in 2009. [24]

In 2007, Neste started a research program on algae, but this was discontinued in 2015. In 2019, the research program restarted to investigate the production of aviation fuel from algae and municipal solid waste. [25]

In 2008, Rinne retired, with Matti Lievonen succeeding him as CEO. [26]

[27] [28]

In 2011, a plant similar in size to the Singapore plant was launched in Rotterdam, Netherlands. [29] Its investment costs amounted to 670 million euros. [30]

Neste and Stora Enso ran a joint venture to research the production of renewable diesel oil from wood biomass through biomass gasification and the Fischer-Tropsch process in Varkaus, Finland. However, coming second in a bid for European Investment Bank startup funding led to the cancellation of this project in 2012. [31]

Neste's self-service station chain in Poland was sold to Royal Dutch Shell in April 2013. [32]

[33] [34]

2015–2019 (Neste)

In 2015 the company's name was changed from Neste Oil back to Neste to emphasize the company's focus on the renewable energy business. [35] [36] [37]

In 2017, Neste acquired Jacobs Engineering's 40% stake in Neste Jacobs and gained full control of the company. After the takeover, Neste Jacobs was renamed Neste Engineering Solutions Oy. [18]

When CEO Lievonen retired in November 2018, he was followed by the Belgian-German Peter Vanacker. [26]

[38] In June, Neste and LyondellBasell announced the commercial-scale production of bio-based plastic from renewable materials. [39]

[40] [41]

2020– (Neste)

In March 2020, Neste invested in German Sunfire, a company developing high-temperature electrolysis technology. [42] In September, Neste sold its 49.99% stake in Nynas to Bitumina Industries, and began closure-related negotiations for the Naantali refinery. [43] [44] The refinery was planned to close by the end of March 2021. [45] As part of the cooperation, Neste produces hydrocarbons from renewable raw materials as a feedstock to manufacture phenol by Borealis. Phenol is used by Covestro to produce polycarbonate plastics, which would primarily be used for car headlights and window coatings. [46] [47]

In December 2021, CEO Vanacker resigned to become the CEO of LyondellBasell. [48] Matti Lehmus became CEO in May 2022. [49]

[50]

Operations

Neste's operations are divided into marketing and services, oil products, renewable aviation, renewable polymers and chemicals, and renewable road transportation units, as well as managing an operating platform. [51]

Refining

Neste's Porvoo refinery Neste Porvoo refinery.jpg
Neste's Porvoo refinery

In 2022 Neste operated conventional oil refineries at Porvoo in Finland and renewable diesel refineries in Porvoo, Singapore and Rotterdam, Netherlands. [52]

In 2015, two renewable diesel production lines in Porvoo produced 0.525 million metric tonnes of renewable diesel, which was approximately one fifth of the diesel consumption of Finland. [53] [54] [55] Neste's production facility in Singapore is the largest renewable diesel refinery in the world, with an annual capacity of 1.1 million metric tonnes. [56] A planned new production line is expected to increase its capacity by one million tonnes in 2022. [56]

Neste's refinery feedstock includes of crude oil and renewable raw materials, such as used cooking fat, waste animal and fish fat from the food industry, [44] waste and residues from vegetable oil production, technical corn oil, palm oil, rapeseed oil, and soybean oil. [57] About 80% of renewable feedstock is waste and residue fats and oils. [58] Neste also researches the use of community waste, algae, lignocellulose, [44] and liquefied waste plastic as feedstock. [58] In 2019, most of the crude oil used by Neste came from Russia. [57]

Neste produces gasolines, diesel, aviation and marine fuels, light and heavy fuel oils, base oils, gasoline components, special fuels and solvents. [59] [60] LPGs, carbon dioxide, and sulfur are sold as by-products. Neste's products include dozens of types of gasoline and more than a hundred end-products. [61] In 2017, Neste was the world's largest producer of renewable diesel, producing 2.6 million tonnes per year. [62]

Neste has developed the proprietary NEXBTL technology for the production of renewable fuels. [63] Renewable diesel is a hydrodeoxygenated paraffinic fuel, which can be used in conventional diesel engines without engine modifications. [64]

Aviation biofuel

Neste's sustainable aviation fuel (SAF) is a drop-in fuel, which can be mixed with kerosene to produce a mixture that contains at least 50% kerosene. [65] Among others, it is used by Lufthansa and the Swedish Air BP. [65] In 2019, Neste produced about 100,000 tonnes of sustainable aviation fuel [65] and plans to produce around 1.5 million tonnes per year by 2023. [66]

Service stations

Neste owns a chain of service stations, which is the largest in Finland. [67] In 2020, Neste had station chains consisting of more than 800 traffic and automatic stations in Finland, Estonia, Latvia and Lithuania. [68] [69]

Corporate issues

Shareholding

As of 31 May 2022, the five largest shareholders of Neste were: [3]

Recognition

Environmental record

Climate record

Neste has a target to make its production carbon neutral by 2035. [7]

Palm oil

Neste has been criticized for using palm oil and palm fatty acid distillate, a by‐product of physical refining of crude palm oil products, as a part of its feedstock for renewable products. [58] [76] Critics include of WWF, [76] Greenpeace, [77] Biofuelwatch [58] and Milieudefensie, [78] among others.

Neste consumes 1–2% of the world's total palm oil production. [58] In 2016, less than 20% of renewable raw materials used by Neste was crude palm oil. [79] Crude palm oil used by the company has been traceable to the oil palm plantation level since 2007, and has been 100% certified since 2013. [79] However, certification does not apply to palm fatty acid distillate. [58] Since 2016, Neste has published information about all its crude palm oil suppliers on its website. [79]

In 2018 Biofuelwatch stated in their annual report that Neste meets EU sustainability standards for biofuels by sourcing palm oil from older plantations, commonly ones for which rainforest was destroyed before 2008. However, it cannot guarantee that all of its crude palm oil is free of effects from more recent or ongoing deforestation. [80] Greenpeace has issued [81] similar concerns about Neste's palm oil usage after an investigation by MapHubs showed that Neste's supply chain for palm oil includes Indonesian palm mills creating the most orangutan habitat loss. [82] [83]

Neste has been a target of sustained attacks, including publicity campaigns. [84] In January 2011, Neste won the Public Eye Awards. [85] Neste also attempted to shut down a parody website launched by Greenpeace; [86] [87] however, the World Intellectual Property Organization rejected the trademark-based complaint, since the page is noncommercial, gives no economical benefit, is not misleading, and follows the guidelines of freedom of speech. [88]

Used Cooking Oil

In November 2022, it was announced Neste had acquired the used cooking oil (UCO) collection and aggregation business and related assets in the US from Crimson Renewable Energy Holdings, LLC. The transaction includes shares in SeQuential Environmental Services LLC, and Pure LLC, as well as a UCO processing plant in Salem, Oregon. [89]

See also

Neste Journey to Zero Stories

Related Research Articles

<span class="mw-page-title-main">Biodiesel</span> Fuel made from vegetable oils or animal fats

Biodiesel is a renewable biofuel, a form of diesel fuel, derived from biological sources like vegetable oils, animal fats, or recycled greases, and consisting of long-chain fatty acid esters. It is typically made from fats.

MT <i>Petali</i> Aframax crude oil tanker

MT Petali is an Aframax crude oil tanker. Formerly known as Mastera for almost two decades and briefly as Mikines in early 2022 and Alma until September 2023, she and her sister ship Tempera were the first ships to utilize the double acting tanker (DAT) concept in which the vessel is designed to travel ahead in open water and astern in severe ice conditions. The icebreaking tanker was built to transport crude oil year-round from the Russian oil terminal in Primorsk to Neste Oil refineries in Porvoo and Naantali.

<i>La Noumbi</i> Floating production storage and offloading unit operated by Perenco

La Noumbi is a floating production storage and offloading (FPSO) unit operated by Perenco. The vessel, converted from the former Finnish Aframax crude oil tanker Tempera by Keppel Corporation, will replace an older FPSO unit in the Yombo field off the Republic of Congo in 2018.

<span class="mw-page-title-main">Fortum</span> Finnish energy company

Fortum Oyj is a Finnish state-owned energy company located in Espoo, Finland. It mainly focuses on the Nordic region. Fortum operates power plants, including co-generation plants, and generates and sells electricity and heat. The company also sells waste services such as recycling, reutilisation, final disposal solutions and soil remediation and environmental constructions services, and other energy-related services and products e.g. consultancy services for power plants and electric vehicle charging. Fortum is listed on the Nasdaq Helsinki stock exchange.

<span class="mw-page-title-main">Biodiesel by region</span>

This article describes the use and availability of biodiesel in various countries around the world.

Neste MY Renewable Diesel is a vegetable oil refining fuel production process commercialized by the Finnish oil and refining company Neste. Whether as an admixture or in its pure form, Neste MY Renewable Diesel is able to supplement or partially replace diesel fuel without problems. Neste MY Renewable Diesel guarantees that every gallon sold meets ASTM D975 and EN 15940 specifications in compliance with OEM standards.

<span class="mw-page-title-main">Accountor Tower</span> High-rise office building in Keilaniemi, Espoo, Finland

Accountor Tower is a high-rise office building, designed by architects Castrén–Jauhiainen–Nuuttila, located in the Keilaniemi district of Espoo, just outside Helsinki, the capital of Finland. With a height of 84 metres (274 feet), it is currently the fifth tallest habitable building in Finland, and was the tallest building in Finland from its construction in 1976 until 2006. Formerly known as the Fortum Head Office and before that Neste Tower, as of May 2018 it is the headquarters of the Nordic financial software company Accountor.

<span class="mw-page-title-main">Renewable energy in Finland</span>

Renewable energy in Finland increased from 34% of the total final energy consumption (TFEC) in 2011 to 48% by the end of 2021, primarily driven by bioenergy (38%), hydroelectric power (6.1%), and wind energy (3.3%). In 2021, renewables covered 53% of heating and cooling, 39% of electricity generation, and 20% of the transport sector. By 2020, this growth positioned Finland as having the third highest share of renewables in TFEC among International Energy Agency (IEA) member countries.

Hydrotreated vegetable oil (HVO) is a biofuel made by the hydrocracking or hydrogenation of vegetable oil. Hydrocracking breaks big molecules into smaller ones using hydrogen while hydrogenation adds hydrogen to molecules. These methods can be used to create substitutes for gasoline, diesel, propane, kerosene and other chemical feedstock. Diesel fuel produced from these sources is known as green diesel or renewable diesel.

<span class="mw-page-title-main">VTT Technical Research Centre of Finland</span> Research and technology company in Finland

VTT Technical Research Centre of Finland Ltd is a state-owned and controlled non-profit limited liability company. VTT is the largest research and technology company and research centre conducting applied research in Finland. It provides research and innovation services and information for domestic and international customers and partners, both in private and public sectors.

<span class="mw-page-title-main">Global Clean Energy Holdings</span>

Global Clean Energy Holdings (OTC:GCEH) is a Southern California-based renewable energy company with interests in the production and commercialization of non-food-based feedstocks used for the production of biofuels, biomass, and renewable chemicals. It was founded in 2007.

<span class="mw-page-title-main">Energy policy of Finland</span>

Energy policy of Finland describes the politics of Finland related to energy. Energy in Finland describes energy and electricity production, consumption and import in Finland. Electricity sector in Finland is the main article of electricity in Finland.

<span class="mw-page-title-main">Climate change in Finland</span> Emissions, impacts and responses of Finland related to clime change

Climate change has far reaching impacts on the natural environment and people of Finland. Finland was among the top five greenhouse gas emitters in 2001, on a per capita basis. Emissions increased to 58.8 million tonnes in 2016. Finland needs to triple its current cuts to emissions in order to be carbon neutral by 2035. Finland relies on coal and peat for its energy, but plans to phase out coal by 2029. Finland has a target of carbon neutrality by the year 2035 without carbon credits. The policies include nature conservation, more investments in trains, changes in taxation and more sustainable wood burning. After 2035 Finland will be carbon negative, meaning soaking more carbon than emitting.

<span class="mw-page-title-main">Juha Sipilä</span> Prime minister of Finland from 2015 to 2019

Juha Petri Sipilä is a Finnish politician who served as Prime Minister of Finland from 2015 to 2019. A relative newcomer to politics, he has a successful background in business. He was the leader of the Centre Party from 2012 to 2019. After leading the Centre party to victory in the 2015 general election, Sipilä formed a centre-right coalition and was appointed Prime Minister by the Finnish Parliament on 29 May 2015. On 8 March 2019, Sipilä stated his intention to resign as Prime Minister, citing difficulties in reforming Finland's health care system. President Sauli Niinistö asked him to continue with a caretaker government until a new government coalition was appointed on 6 June 2019 and was ultimately succeeded by Antti Rinne.

<span class="mw-page-title-main">Sipilä Cabinet</span> 74th government of Finland

The cabinet of Juha Sipilä was the 74th government of Finland, from 2015 to 2019. It was formed following the parliamentary election of 2015 and formally appointed by President Sauli Niinistö on 29 May 2015. From June 2017, the cabinet consisted of a coalition formed by the Centre Party, Blue Reform and the National Coalition Party. The cabinet's Prime Minister was Juha Sipilä.

<span class="mw-page-title-main">Kaidi Finland</span> Finnish Energy company

Sunshine Kaidi (Finland) New Energy Co. Oy is an energy company that plans to build a biofuel refinery in Kemi, Finland. It is a subsidiary of the Chinese energy company Sunshine Kaidi New Energy Group. The refinery would use second generation biofuel technology. Its investment value is around one billion euros.

Orthex Oyj is a Finnish company that manufactures and markets plastic household products such as storage boxes, kitchenware and utensils. Orthex has manufactured some of the very common items in Finnish homes. In the example over 8 of 10 households owned the Orthex freezer box Jäänalle and the 10-liter bucket according to a survey conducted by Ilta-Sanomat in 2019. Orthex's classic sled was described as the most common kids sled over the years by Helsingin Sanomat in 2005.

Elisa Viihde is a Finnish entertainment service produced by Elisa. Elisa Viihde offers video-on-demand services, pay-TV packages, recording space, and application for smartphones, tablets and laptops as well as broadband. Elisa Viihde offers original series, movies, tv programmes and sport.

<span class="mw-page-title-main">Port of Kilpilahti</span> Port in Porvoo, Finland

The Port of Kilpilahti is a liquid cargo port in the city of Porvoo, on the Gulf of Finland shore some 35 kilometres (22 mi) east-by-northeast of Helsinki.

References

  1. ↑ "Neste Annual Report 2021" (PDF). Neste Corporation. Retrieved 16 June 2022.
  2. ↑ "Neste to lead its renewable polymers and chemicals business from Germany". Bioenergy International. 7 October 2019. Retrieved 19 November 2020.
  3. 1 2 "Shareholders". Neste. 31 May 2022. Retrieved 16 June 2022.
  4. ↑ Talouselämä (9 June 2022). "TE500". Talouselämä (in Finnish). Retrieved 16 June 2022.
  5. 1 2 3 Weilin + Göösin tietosanakirja 3, "Neste Oy". Weilin + Göös. 1993. p. 1316.
  6. 1 2 3 4 5 "Neste Oyj (vanha) — Osakehistoria". www.porssitieto.fi. Retrieved 23 November 2020.
  7. 1 2 "Yle seuraa: Neste harkitsee Naantalin jalostamon sulkemista, koska fossiilisten öljytuotteiden kysyntä laskee ja kilpailukyky ei riitä". Yle Uutiset (in Finnish). 14 September 2020. Retrieved 23 November 2020.
  8. ↑ "Aikajana: Nesteen vuodet" [Timeline: Neste's years]. Helsingin Sanomat (in Finnish). 26 March 2016. Retrieved 19 November 2020.
  9. 1 2 3 "Öljyn pyörteissä – Nesteen tarina" [In the Swirls of Oil - The Story of Neste]. Frack Media (in Finnish). 3 November 2015. Archived from the original on 3 November 2015. Retrieved 19 November 2020.
  10. ↑ "Kesoil-huoltamot muuttuvat ensi..." Helsingin Sanomat (in Finnish). 19 November 1997. Retrieved 23 November 2020.
  11. ↑ "Jaarlin, Jatulin ja Jurmon ansiosta Neste kuljettaa 80 pros. öljystä". Helsingin Sanomat . 7 August 1979. Retrieved 23 November 2020.
  12. ↑ Törmänen, Eeva (8 June 2020). "Keilaniemeen nousi vuonna 1976 ensimmäinen suomalainen pilvenpiirtäjä". Tekniikkatalous (in Finnish). Retrieved 23 November 2020.
  13. 1 2 "Kesoil-huoltamot muuttuvat ensi..." Helsingin Sanomat (in Finnish). 19 November 1997. Retrieved 23 November 2020.
  14. ↑ "Neste to complete Borealis sale by end Feb". ICIS. 9 January 1998. Retrieved 25 January 2012.
  15. ↑ "Suomen MM-ralli joutuu vaihtamaan nimensä – pääsponsori Neste teki kovan päätöksen". Ilta-Sanomat (in Finnish). 15 October 2020. Retrieved 23 November 2020.
  16. ↑ "Neste Rallissa isoimmat yllätysnimet Hayden Paddon ja Craig Breen". Yle Uutiset (in Finnish). 8 July 2019. Retrieved 23 November 2020.
  17. ↑ Alvarado, Vladimir (1999). "Neste Chemicals will go it alone". Chemical & Engineering News . 42 (77). American Chemical Society: 15. doi:10.1021/cen-v077n042.p015.
  18. 1 2 Page Bailey, Mary (30 November 2017). "Neste Jacobs to be renamed Neste Engineering Solutions". Chemical Engineering. Retrieved 23 September 2019.
  19. 1 2 3 "Fortumin omistajat saavat kevään jakautumisessa Neste Oilin osakkeita". Turun Sanomat (in Finnish). 11 March 2005. Retrieved 30 November 2020.
  20. ↑ Rapeli, Katja. "Neste Oilin toimitusjohtaja vaihtuu". Arvopaperi (in Finnish). Retrieved 30 November 2020.
  21. ↑ "Neste Oil Launches NExBTL Plant, New Diesel Line at Porvoo Refinery". Green Car Congress. 31 May 2007. Retrieved 3 December 2020.
  22. ↑ Biofuel reduces local emissions efficiently. hsl.fi (2011)
  23. ↑ "Neste Oil – working for better urban air quality". cleantechfinland.com. Archived from the original on 12 December 2010. Retrieved 28 December 2010.
  24. ↑ "Neste Oil's Second Renewable Diesel Plant Commissioned at Porvoo". Green Car Congress. 29 July 2009. Retrieved 3 December 2020.
  25. ↑ Setälä, Niina (8 February 2020). "Neste kiinnostui uudestaan levän tutkimisesta – mahdollinen lentopolttoaineiden raaka-aine" [Neste is again interested in algae research – a possible raw material for aviation fuels]. Tekniikka&Talous (in Finnish). Retrieved 30 November 2020.
  26. 1 2 "Neste saa uuden toimitusjohtajan – Lievonen jää eläkkeelle". Ilta-Sanomat (in Finnish). 9 February 2018. Retrieved 30 November 2020.
  27. ↑ "Neste Oil Biodiesel Plant". Chemicals Technology. 8 March 2011. Retrieved 23 September 2019.
  28. ↑ "Singaporen talouskehitysyhtiö: Neste Oililla on vastuu palmuöljystä". Helsingin Sanomat (in Finnish). 16 January 2008. Retrieved 30 November 2020.
  29. ↑ "Neste rakentaa biodiesellaitoksen Rotterdamiin". Yle Uutiset (in Finnish). 13 June 2008. Retrieved 30 November 2020.
  30. ↑ Rapeli, Katja (13 June 2008). "Neste Oil rakentaa biodiesel-tehtaan Hollantiin" [Neste Oil builds a biodiesel plant in the Netherlands]. Arvopaperi (in Finnish). Retrieved 30 November 2020.
  31. ↑ "Neste Oil and Stora Enso to end their biodiesel project and continue cooperation on other bio products". nesteoil.com. 17 August 2012. Archived from the original on 24 October 2012. Retrieved 1 June 2016.
  32. ↑ "Stacje Neste na dobre znikają z Polski. Zastąpi je Shell - już w tym tygodniu". gazetapl (in Polish). Retrieved 30 November 2020.
  33. ↑ "Biodiesel Magazine - The Latest News and Data About Biodiesel Production". www.biodieselmagazine.com. Retrieved 30 November 2020.
  34. ↑ "Neste Oil luopuu laivoistaan". Helsingin Sanomat (in Finnish). 20 September 2013. Retrieved 30 November 2020.
  35. ↑ Leppänen, Timo. Merkilliset nimet - Tarinoita yritysten ja tuotteiden nimistä. SKS 2016.
  36. ↑ "Neste Oil aikoo palauttaa vanhan nimensä". Ilta-Sanomat (in Finnish). 4 February 2015. Retrieved 30 November 2020.
  37. ↑ "Neste Oil muuttuu Nesteeksi". Keskisuomalainen (in Finnish). 29 March 2016. Retrieved 30 November 2020.
  38. ↑ "Neste jakaa uusiutuvat tuotteet kolmeen liiketoimintayksikköön". Ilta-Sanomat (in Finnish). 19 February 2019. Retrieved 30 November 2020.
  39. ↑ Walker, Tom (18 June 2019). "Neste and LyondellBasell announce commercial-scale production of bio-based plastic from renewable materials". British Plastic and Rubber Magazine. Retrieved 2 December 2020.
  40. ↑ "Neste myy Venäjän-huoltoasemansa Tafneft-yhtiölle – kotimainen ketju on ollut suomalaistankkaajien suosiossa Venäjällä". Yle Uutiset (in Finnish). Retrieved 30 November 2020.
  41. ↑ "Neste nousi yrityksistä ylivoimaisesti suurimmaksi veronmaksajaksi". Helsingin Sanomat (in Finnish). 3 November 2020. Retrieved 30 November 2020.
  42. ↑ Laatikainen, Tuula. "Uusiutuva vety panee energiamarkkinat uuteen jakoon, myös Neste, Wärtsilä ja SSAB mukana – tästä on kyse" [Renewable hydrogen redistributes the energy market, including for Neste, Wärtsilä and SSAB – this is what it is about]. Tekniikka&Talous (in Finnish). Retrieved 30 November 2020.
  43. ↑ Lehtinen, Jukka. "Neste myy Nynasin osakkeensa" [Neste sells shares of Nynas]. Kauppalehti (in Finnish). Retrieved 30 November 2020.
  44. 1 2 3 Tuominen, Jyri. "Maailman öljyjätit rynnivät nyt pörssitähti Nesteen apajille – Toimitusjohtaja Peter Vanacker kertoo, miksi hän ei ole huolissaan". Arvopaperi (in Finnish). Retrieved 30 November 2020.
  45. ↑ Woodroof, Nicholas (30 November 2020). "Neste to end refining operations at Naantali". Hydrocarbon Engineering. Retrieved 2 December 2020.
  46. ↑ Nolan, Grace (21 October 2020). "Covestro receives supply of 1,000 tons of renewable phenol from Borealis". British Plastic and Rubber Magazine. Retrieved 2 December 2020.
  47. ↑ Virtanen, Sofia. "Kolmen yhtiön yhteistyön tulos: Nesteen uusiutuvista hiilivedyistä valmistui 1 000 tonnia fenolia, jota käytetään nyt polykarbonaattimuovien valmistukseen" [The result of the cooperation between the three companies: 1,000 tonnes of phenol were produced from Neste's renewable hydrocarbons, which are now used in the production of polycarbonate plastics]. Kauppalehti (in Finnish). Retrieved 30 November 2020.
  48. ↑ "Nimitykset | Nesteen jättävä Peter Vanacker siirtyy Lyondell Basellin toimitusjohtajaksi". Helsingin Sanomat (in Finnish). 13 December 2021. Retrieved 16 June 2022.
  49. ↑ "Nesteen uudeksi toimitusjohtajaksi Matti Lehmus". Yle Uutiset (in Finnish). 23 March 2022. Retrieved 16 June 2022.
  50. ↑ "Investoinnit | Sijoittajat riemastuivat Nesteen miljardi-investoinnista Yhdysvaltoihin – osake 15 prosentin nousussa". Helsingin Sanomat (in Finnish). 2 March 2022. Retrieved 16 June 2022.
  51. ↑ "Business". Neste worldwide. 18 May 2020. Retrieved 30 November 2020.
  52. ↑ "Tuotanto". Neste (in Finnish). 28 May 2020. Retrieved 16 June 2022.
  53. ↑ "Corporate info". nesteoil.com. 25 February 2015. Retrieved 1 June 2016.
  54. ↑ "Biodieselhankkeet käynnistävät Suomessa valtavan risusavotan" [Biodiesel projects are launching a huge branch of debris in Finland]. Helsingin Sanomat (in Finnish). 15 December 2006. Retrieved 1 June 2016.
  55. ↑ "Neste Oil's second renewable diesel plant commissioned at Porvoo". nesteoil.com. 29 July 2009. Archived from the original on 27 November 2010. Retrieved 1 June 2016.
  56. 1 2 Woo, Jacqueline (14 December 2017). "Singapore wins race to house new renewable diesel plant of energy giant Neste". Business Times . Retrieved 19 August 2018.
  57. 1 2 "Nesteellä on käsissään kultakaivos, jonka vuoksi yhtiö yrittää nyt kahmia itselleen Kiinan ravintoloiden paistorasvat" [Neste has a gold mine in its hands, which is why the company is now trying to grab the frying fats of Chinese restaurants]. Helsingin Sanomat (in Finnish). 9 November 2019. Retrieved 30 November 2020.
  58. 1 2 3 4 5 6 "Neste rejects NGO claim that its renewable aviation fuel includes palm oil". GreenAir. 30 January 2019. Retrieved 3 December 2020.
  59. ↑ "Production". Neste. 27 April 2020. Retrieved 2 December 2020.
  60. ↑ "Vaihtoehtoiset polttoaineet raskaassa liikenteessä – missä mennään?" [Alternative fuels for heavy transport – where to go?]. Moottori (in Finnish). Retrieved 30 November 2020.
  61. ↑ Tervola, Janne. "Pura ja kasaa" [Disassemble and stack]. Tekniikka&Talous (in Finnish). Retrieved 30 November 2020.
  62. ↑ Heima, Timo-Pekka (7 February 2018). "Uusiutuva diesel siivitti Nesteen ennätystulokseen" [Renewable diesel propelled Neste to a record result]. Yle Uutiset (in Finnish). Retrieved 30 November 2020.
  63. ↑ Mustonen, Antti. "Neste tekee hurjan investoinnin Singaporeen, peräti 1,4 miljardia euroa uusiutuviin polttoaineisiin" . Tekniikka&Talous (in Finnish). Retrieved 30 November 2020.
  64. ↑ "Renewable raw material procurement" . Retrieved 1 June 2016.
  65. 1 2 3 "Neste kaavailee uusiutuvalle lentopolttoaineelleen isoa roolia: yhtiö aikoo kymmenkertaistaa sen tuotannon" [Neste plans to play a big role in renewable aviation fuel sector: the company plans to increase its production tenfold]. Helsingin Sanomat (in Finnish). 12 October 2019. Retrieved 30 November 2020.
  66. ↑ Lehtinen, Jukka (23 September 2020). "Neste ja Shell alkavat lisäämään uusiutuvan lentopolttoaineen tarjontaa" [Neste and Shell startg to increase their supply of renewable aviation fuel]. Arvopaperi (in Finnish). Retrieved 30 November 2020.
  67. ↑ "4.1 Service stations – Finnish Petroleum and Biofuels Association". Archived from the original on 25 June 2018. Retrieved 1 June 2016.
  68. ↑ "Neste-asemat – Maailman suurin suomalainen asemaverkosto". Neste (in Finnish). 21 December 2015. Retrieved 30 November 2020.
  69. ↑ "Neste maps". Neste (in Finnish). Retrieved 30 November 2020.
  70. ↑ Neste Oil kiilasi ABC:n ohi – Markkinointi & Mainonta. Marmai.fi. Retrieved on 9 July 2016.
  71. ↑ Talouselämä (28 February 2014). "Talouselämä valitsi! 2000-luvun mullistavin bisnesinnovaatio on..." Talouselämä (in Finnish). Retrieved 30 November 2020.
  72. ↑ "Hajuton ja näyttää vedeltä - tiedätkö, mistä kuvan diesel on valmistettu?". www.iltalehti.fi (in Finnish). Retrieved 30 November 2020.
  73. ↑ "Neste ranked as the world's 4th most sustainable company". Bioenergy International. 26 January 2021. Retrieved 7 July 2021.
  74. ↑ "Neljä suomalaisyritystä mukaan Dow Jonesin kestävän kehityksen indeksiin". Yle Uutiset (in Finnish). 9 September 2016. Retrieved 30 November 2020.
  75. ↑ "Tunnustukset ja arvioinnit". Neste (in Finnish). 22 May 2020. Retrieved 30 November 2020.
  76. 1 2 Lähteenmäki, Pekka. "Neste myy yhtä tuotetta monessa maassa, mutta sen lupaukset päästövähennyksistä vaihtelevat markkinoittain" [Neste sells one product in many countries, but its promises of emission reductions vary from market to market]. Talouselämä (in Finnish). Retrieved 30 November 2020.
  77. ↑ "Greenpeace vaati palmuöljypannaa Neste Oilin yhtiökokouksessa" [Greenpeace demanded a palm oil ban at Neste Oil's Annual General Meeting]. MTV Uutiset (in Finnish). 3 April 2009. Retrieved 30 November 2020.
  78. ↑ Upton, Luke (18 November 2020). "Neste responds to allegations on sustainability violations from its materials suppliers". Biomarket Insight. Retrieved 3 December 2020.
  79. 1 2 3 "Neste publishes updated info about crude palm oil suppliers; feedstock for renewable diesel". Green Car Congress. 5 April 2017. Retrieved 3 December 2020.
  80. ↑ "Neste: The Finnish company preparing to put palm oil in aircraft fuel tanks" (PDF). Biofuelwatch. 9 January 2019. Archived (PDF) from the original on 20 September 2019. Retrieved 20 September 2019.
  81. ↑ "It might be called #biofuel but it still contains #deforestation . Despite of all the nice #sustainability and #csr claims, Finnish Neste is one of the largest palmoil buyers, contributing to habitat loss and climate change". Greenpeace . 2 September 2019. Archived from the original on 11 September 2019. Retrieved 20 September 2019.
  82. ↑ Bell, Loren (17 July 2019). "Orangutan habitats being cleared in areas near palm oil mills, report finds". Mongabay . Archived from the original on 26 July 2019. Retrieved 20 September 2019.
  83. ↑ "Orangutan Habitat Loss and Palm Mills in Indonesia: Our first Intelligence Report". MapHubs . 18 June 2019. Archived from the original on 18 June 2019. Retrieved 20 September 2019.
  84. ↑ "Tribune de Genève, l'actualité en direct, en photos et vidéos : politique, sports, people, culture, économie, média". tdg.ch. 13 April 2011.
  85. ↑ Neste Oil wins a less than flattering award in Davos. hs.fi January 2011
  86. ↑ Greenpeace parodiasivu suututti Neste Oilin, Nesteen mielestä Nestespoil-sivu loukkaa sen tavaramerkkiä, Greenpeace taas pitää sivun sulkemisyrityksiä sensuurina HS 22 May 2012 B10
  87. ↑ Neste ei siedä kritiikkisivustoa, Greenpeacen Nestespoil.com yritetään sulkea Archived 25 May 2012 at the Wayback Machine Tietokone 22 May 2012
  88. ↑ Greenpeace saa käyttää Nestespoil-verkkotunnusta HS 7 August 2012 C1 (in Finnish)
  89. ↑ "Neste to acquire used cooking oil business from Crimson Renewable Energy". Hydrocarbon Engineering. 18 November 2022. Retrieved 18 November 2022.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.