Neste Oyj
Neste is a Finnish company specializing in renewable products and oil refining. It operates in three main segments: Renewable Products, Oil Products, and Marketing & Services. Neste is known for its innovative renewable diesel and sustainable aviation fuel, which are key components of its strategy to lead in renewable energy solutions. The company also has a significant presence in traditional oil refining and marketing services, providing a comprehensive energy solution portfolio.
Fiscal year 2025 · change from previous year
Development 2021–2025
Business
Share of revenueIncludes renewable diesel and sustainable aviation fuel
Comprises traditional oil refining operations
Involves fuel retail and related services
Customers
Neste serves a diverse range of customers, including transportation companies, airlines, and industrial clients seeking sustainable energy solutions. The Renewable Products segment targets businesses aiming to reduce their carbon footprint through renewable diesel and SAF. Oil Products cater to traditional fuel markets, while Marketing & Services focus on end consumers and businesses requiring fuel and related services. The company's customer base is expanding as sustainability becomes a priority across industries.
Buys renewable diesel for lower emissions
Purchases SAF for sustainable operations
Uses renewable products for sustainability
Consumers and businesses buying fuel
Strategy
Neste's strategic priorities include expanding its renewable products capacity and enhancing operational efficiency. The company is investing heavily in its Rotterdam facility to increase renewable diesel and SAF production. Neste aims to maintain a competitive edge by focusing on sustainability and innovation. The performance improvement program is a key initiative to optimize costs and improve margins, ensuring long-term growth and profitability.
To meet growing demand for sustainable fuels
To improve margins and reduce costs
Geography
Q3/2025Neste's operations are primarily based in Finland, with significant activities in Europe and the United States. The company is expanding its renewable diesel production capacity in Rotterdam, aiming to serve the growing European market. Neste's strategic geographic presence allows it to leverage local feedstock and optimize supply chains. The company's global reach is crucial for its competitive positioning in the renewable energy sector.
Share of the revenue the company reports by geography.
Risks
Neste faces several risks, including fluctuations in global oil prices and regulatory changes affecting renewable products. Geopolitical tensions and trade policies can impact market stability and supply chains. The company is also exposed to currency exchange rate risks, particularly with the US dollar. Regulatory developments in the EU and US could affect the competitiveness of Neste's renewable products.
- Geopolitical tensionsImpact: CriticalLikelihood: High
Disrupt supply chains and market stability
- Oil price fluctuationsImpact: HighLikelihood: High
Affect margins in Oil Products segment
- Regulatory changesImpact: HighLikelihood: High
Impact competitiveness of renewable products
Accounting
Judgemental itemsAffects reported earnings in Renewable Products
Impacts financial risk management and earnings
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Last updated: 24/09/2026