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NE
International Oil Company
Downstream
HEL: NESTE
Neste
Espoo, Finland
· Established 1948 · Profile updated July 1, 2026
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Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Neste Oyj is the world's largest producer of renewable diesel and sustainable aviation fuel (SAF), operating biorefineries in Finland, Netherlands (Rotterdam), and Singapore. Conventional refining at Porvoo provides cash flow while renewables drive growth.
FY2024 revenue approximated $22 billion with comparable operating profit near $1.5 billion. Renewable products segment capacity exceeds 5.5 mtpa with Singapore expansion adding 1.3 mtpa. SAF demand growth from EU mandates supports medium-term...
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