Neste collects cooking oil and other “waste” and converts it into a powerful diesel fuel that contributes to healthier and safer environments.
This fuel is used by commercial and municipal fleets reduce emissions in the communities they serve.
Neste creates solutions for combating climate change and accelerating a shift to a circular economy. We help transport and cities, as well as customers in the aviation, polymers and chemicals sectors, to make their business more sustainable.
We are the world’s largest producer of renewable diesel and sustainable aviation fuel refined from waste and residues, introducing renewable solutions also to the polymers and chemicals industries. We are also a technologically advanced refiner of high-quality oil products, exploring ways to start using waste plastics as a raw material to produce new plastics and developing chemical recycling to combat the plastic waste challenge. In 2021, Neste placed 4th on the Global 100 list of the most sustainable companies in the world.
In 2020, Neste’s revenue stood at EUR 11.8 billion and the comparable operating profit was 1,416 million euros. 94% of the company’s comparable operating profit came from renewable products. Neste employed some 4,800 employees in 2020. Neste manufactures its high-quality, renewable products in Finland, the Netherlands and Singapore.
Our aim is to become a global leader in renewable and circular solutions. We are committed to supporting our customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030.