Neste Oyj

Neste Oyj is a global energy company that delivers both sustainable and conventional oil-based products. Its extensive market reach spans Finland, the wider Nordic countries, the Baltic Sea region, numerous other European nations, North and South America, and various international territories. The company organizes its operations across four key divisions: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products division is dedicated to the production, commercialization, and distribution of renewable diesel, advanced sustainable aviation fuels and related offerings, alongside renewable solvents. This segment also supplies raw materials for bioplastics, utilizing its unique proprietary technology for wholesale distribution. In contrast, the Oil Products division focuses on the manufacturing, marketing, and sales of a broad spectrum of petroleum products. These include diesel fuel, gasoline, aviation and marine fuels, light and heavy fuel oils, base oils, components for gasoline, specialized small engine gasoline, various solvents, liquid gases, and bitumen. This segment serves a diverse customer base, including retailers, distributors, major oil companies, trading entities, petrochemical firms, and businesses that market lubricants and solvents. The Marketing & Services segment is responsible for selling petroleum products and associated services. It caters to a wide array of clients, from individual motorists and industrial customers to transport companies, farmers, and consumers of heating oil, primarily through its network of 947 service stations and direct sales initiatives. The 'Others' segment chiefly provides engineering and technology services. Additionally, Neste Oyj manufactures crucial raw materials for use in polymer and chemical applications. Originally known as Neste Oil Oyj, the company officially changed its name to Neste Oyj in June 2015. Established in 1948, Neste Oyj's corporate headquarters are situated in Espoo, Finland.