Neste Oyj is a Finland-based energy and chemicals company focused on producing renewable fuels and circular feedstocks alongside conventional oil products. The company develops and refines low-carbon solutions for transport and industry, serving customers in Europe, the Americas, and Asia-Pacific.
Neste’s portfolio includes renewable diesel and sustainable aviation fuel made mainly from waste and residue raw materials such as used cooking oil and animal fats. It also supplies renewable and circular feedstocks for the polymers and chemicals sector, designed as drop-in solutions compatible with existing infrastructure.
The company operates major refining and upgrading assets in Porvoo (Finland), Rotterdam (Netherlands), and Singapore, supported by a global supply, blending, and logistics network. Its research and technology efforts include co-processing and advanced refining routes to convert biogenic and circular inputs—such as tall oil and liquefied waste plastics—into high-quality fuels and petrochemical feedstocks.
Neste positions itself at the intersection of energy transition and materials decarbonization, working with airlines, road transport operators, and chemical producers to lower life-cycle greenhouse gas emissions across value chains.
Also known as Neste Group, Neste Abp, Neste Oil Oyj, and Neste Oil Corporation.
chemXplore tracks 12 projects involving Neste, of which 4 are active.
Neste's role on them: Owner, Investor / Financier, Operator, Developer, Offtaker, and Technology licensor.
1 new construction, 1 expansion, 1 revamp / retrofit, and 1 conversion / repurposing.
Expected to start operating, per year; 1 of the active projects carry no start-up date yet.
Contractors, licensors, and offtakers are recorded on 2 of these 4 projects For subscribers
Targeting: HVO (1), Hydrocarbon (1), Sustainable Aviation Fuel (1)
Deliveries began June–Aug 2026 in Amsterdam and run July 2026–June 2027 in Chicago; SAF comes from waste fats and used cooking oil and can be blended up to 50% with jet fuel.
Will deliver 2,000 tons of 100% Neat SAF over the next year, use co‑processing with ISCC EU certification, join a carrier carbon‑reduction service, and complete a dedicated production line within the year.
Seasoned biofuels executive to lead North American renewable products business, commercial operations and feedstock sourcing; will represent the company on the Martinez JV board.
Record quarterly EBITDA driven by USD 1,223/t renewable sales margin and strong middle‑distillate refining cracks; H2 includes three planned turnarounds and ~€1.2bn capex.
A nine-week shutdown Aug–Oct 2026 will cost over EUR 400m, involve about 7,500 workers and keep fuel deliveries running; local traffic, short-term flaring and noise expected.
Standardized modular plant converts mixed, hard-to-recycle plastics into petrochemical-grade feedstock while reducing pre‑investment, complexity and schedule risk to accelerate scale-up.
Supply chain uses renewable naphtha from waste and residues to make drop‑in renewable nylon fiber for outdoor apparel, targeting product use in August 2026.
Strong Q1: comparable EBITDA EUR 861m; cash flow before financing EUR 286m; renewable margin USD 856/t; oil refining margin USD 23.0/bbl; leverage 31.7%; volumes hit by maintenance
By country, the most active first.
