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Neste Oil
Keilaranta P.O. Box 95 00095 , Keilaranta , Finland

Memberships : NA
Industry : Energy
Basic Member
Since Jul, 2015
About Company
Who we are
 
We are much more than a conventional oil refining company

Refining the future is our mission

We are pioneers. We see a future full of opportunities.

We have always thought in a different way. We want to challenge the oil refining industry by offering increasingly clean fuel solutions and applications based onrenewable energy.

Our vision is to be the preferred partner for cleaner traffic fuel solutions

We want to be our customers' partner that does not only offer products but a solution. The comprehensive solutions defined in cooperation with our customers create added value to our customers, their customers, and us. 

Cleaner solutions are at the core of our strategy

Our two strategic targets are based on our competitive advantages.

  • We want to be Baltic Sea downstream champion
  • We want to grow in the global renewable feedstock-based markets

1. We want to be Baltic Sea downstream champion

The Baltic region is our home market where we want to strengthen our position further.  The strong competitiveness of our refinery is based on its advanced production structure and excellent location, considering our customer base and feedstock procurement. NEXBTL renewable diesel makes our product offering unique, and we are able to provide an extensive range of fuel solutions to consumers, corporate customers, and fuel distributors. We have built our business in the Baltic region with a long-term perspective. Neste is known as a reliable partner that offers premium-quality products

2. We want to grow in the global renewable feedstock-based markets

We are the world's largest producer of renewable diesel. We are able to refine NEXBTL diesel based on our proprietary technology from over ten differentrenewable raw materials globally in our four production units. We are now stepping into a new stage. We are seeing interesting growth opportunities also outside the fuel market. We are enthusiastic about bio-based chemistry products that can replace fossil fuels, for example.

We are implementing our strategy through Value Creation programs. They are:

  • Profitable Growth
  • Productivity
  • Renewable Feedstock
  • ​Customer Focus.

Our values are:

  • Responsibility
  • Cooperation
  • Innovation
  • Excellence

Responsibility

Neste is a reliable employer and partner. It always lives up to all its commitments. 

We care about the well-being and safety of others, and ensure that our operations have the minimum possible negative impact on the natural environment and the surrounding community. We promote projects to promote the quality of people’s lives.

Cooperation

In Neste, we are familiar with each other and have an honest and open atmosphere. Our competitive edge is based on our ability to combine the wide-ranging experience and ideas of our people to create better solutions. This makes us an attractive partner for others. 

Our customers are among our most important partners. Understanding and anticipating theirs needs lies at the heart of our development and success.

Innovation

Neste is an oil industry pioneer in refining and marketing cleaner traffic fuels. This calls for both expertise and an innovative mind-set. We are able to anticipate upcoming trends in our markets and businesses, and respond to them rapidly where needed.

We invest in developing new products, new technologies, and new ways of doings things, and in developing the potential of our personnel. We encourage people to think in new ways, as doing so is essential to being a pioneer.

Excellence

Neste wants to achieve world-class operational and financial performance that will lead the company as one of the world’s best oil refiners. Working safely at all times is essential to achieving this goal. 

We set ourselves tough challenges, and we acknowledge people’s success when goals are met. Excellent performance is in everybody’s interest.  

SUSTAINABILITY
 
Wise resources and circular economy – more from less!

The world currently consumes more natural resources than the Earth can produce. Therefore, we must find ways to make more from less. We are continuously seeking ways to increase the material efficiency of our operations. Our refineries operate efficiently and only a very small fraction of their raw materials end up as waste.

Someone's waste, our feedstock – renewable diesel from waste

We do not utilize energy from waste through incineration, for example, but produce a completely new type of product from it; premium-quality NEXBTL renewable diesel whose use can replace the use of fossil diesel and significantly reduce greenhouse gas emissions.

Waste and residues that can be used as feedstocks for our NEXBTL renewable diesel include low-quality animal and fish fats not suitable for human consumption and waste and residue streams of vegetable oil-using industry, such as palm fatty acid distillate (PFAD).

Waste and residue feedstocks in our portfolio include:

  • waste animal fat
  • waste fish fat
  • vegetable oil waste and residue streams, such as palm fatty acid distillate (PFAD)
  • technical corn oil
  • used cooking oil
  • tall oil pitch
  • spent bleaching earth oil

We have significantly increased the share of waste and residues of the total consumption of renewable raw materials. In fact, our aim is to make it possible to use exclusively waste and residues in producing renewable diesel by 2017. We are also investigating opportunities for utilizing waste and residue feedstocks of increasingly inferior quality in our production of renewable diesel.

Company NameNeste Oil
Business CategoryEnergy
AddressKeilaranta P.O. Box 95 00095
Keilaranta
Finland
PresidentNA
Year EstablishedNA
Employees10000
MembershipsNA
Hours of OperationNA
Company Services
  • Oil Products
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