Neste Corp. is a refining and marketing company founded in 1948, with a production focus on premium quality, lower-emission traffic fuels. The company produces a comprehensive range of major petroleum products and is the world’s leading supplier of renewable diesel. Neste is committed to world-class operational and financial performance, and all its operations are driven by four core values: responsibility, cooperation, innovation, and excellence. Neste is listed on NASDAQ OMX Helsinki in the Energy sector. Neste had revenue of EUR 14.9 billion in 2018 and employs around 5,400 people and is listed on NASDAQ OMX Helsinki.
Expertise in research and technology represents one of Neste’s key success factors and plays a major role in the company’s cleaner traffic strategy. Neste has a long tradition of being a pioneer in the oil industry and is known worldwide as a developer of advanced products and technologies. With proprietary NEXBTL™ technology and raw material pretreatment capability, Neste makes top-quality renewable diesel and other renewable products out of nearly any waste fat or vegetable oil. Largely due to their technological capabilities, Neste has become the leading producer of renewable diesel in the world, with an annual production capacity of nearly 3 million tons. Research in Neste focuses extending the range of renewable raw material portfolio with lower-quality waste and residues. Recently Neste has been ranked the 2nd most sustainable company in the world in Global 100 list. The company has been included on the list for longer continuously than any other energy company in the world.
Located in Espoo, Finland
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Within LONGRUN Neste will provide renewable diesel and fuel related expertise to multiple tasks and participate evaluating future fuel pathways.