Neste Corp - Company Profile

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Neste Corp (Neste) is an oil refining and marketing company that specializes in the provision of high-quality fuels for cleaner traffic. It produces and sells gasoline; diesel fuel; aviation fuel; heating oil; light and heavy fuel oil; base oils; gasoline components; specialty fuels; solvents; liquid petroleum gas (LPG), bitumen, renewable diesel, and renewable aviation fuel. The company undertakes direct sales and marketing of petroleum products in Finland, Singapore, Northwest Russia, Estonia, Latvia, and Lithuania. It also exports oil and renewable fuels to other markets, which include the US, Sweden, Canada, Germany and the UK. The company markets its products to oil companies and companies that market oil, fuels, lubricants, and other special products. Neste is headquartered in Espoo, Finland.

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Headquarters Finland

Address Keilaranta 21, Espoo, 02150


Telephone 358 10 45811

No of Employees 5,942

Industry Energy and Utilities

Ticker Symbol & Exchange NESTE (HEL)

Revenue (2022) $24.8B -10.8% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -24.1% (2022 vs 2021)

Market Cap* $14.6B

Net Profit Margin (2022) XYZ -14.9% (2022 vs 2021)

* As of and is in US$
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Neste Corp premium industry data and analytics

7

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Neste Corp.

6

Petrochemical Plants

Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants.

1

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

1

Downstream

View detailed information on global active, upcoming , decommissioned, and cancelled crude oil refineries, heavy oil upgraders and condensate splitters.

4

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Neste Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Neste Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Biofuels Engineering Solution
Diesel Shipping
Gasoline
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In May, the company partnered with VTTI to deliver sustainable aviation fuel to customers in Europe.
2024 Contracts/Agreements In May, the company, Marubeni Corporation, and Resonac Corporation partnered to facilitate the production of renewable olefins and their derivatives in Japan.
2024 Contracts/Agreements In May, the company entered into an agreement with Singapore Airlines to supply 1,000 metric tons of neat Neste MY Sustainable Aviation Fuel.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Neste Corp TotalEnergies SE Phillips 66 Valero Energy Corp Rosneft Oil Co
Headquarters Finland France United States of America United States of America Russia
City Espoo Courbevoie Houston San Antonio Moscow
State/Province - Ile-de-France Texas Texas Moscow
No. of Employees 5,942 102,579 14,000 9,886 334,600
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Matti Kahkonen Chairman Executive Board 2018 68
Martti Ala-Harkonen Chief Financial Officer; Executive Vice President - Finance, Strategy and IT Senior Management 2022 59
Eeva Sipila Vice Chairman Executive Board 2023 51
Sami Jauhiainen Interim Head - Renewable Aviation; Vice President - Renewable Aviation - APAC Senior Management 2023 -
Hannele Jakosuo-Jansson Executive Vice President - Human Resources, Safety and Communications Senior Management 2006 58
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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