Neste

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Neste in brief Neste (NESTE, Nasdaq Helsinki) uses science and innovative technology to transform waste and other resources into renewable fuels and circular raw materials. The company creates solutions for mitigating climate change and accelerating a shift to a circular economy. Being the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, the company aims to help its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030. The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the CDP and the DJSI lists of the world’s most sustainable companies. In 2023, Neste's revenue stood at EUR 22.9 billion. Read more: neste.com

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Neste Media Desk
You can reach us during office hours on weekdays (Finnish time) between 8.30 - 16.00, or via email at media@neste.com
+358 800 94025

Hanna Maula

Senior Vice President, Communications, Sustainability and Public Affairs

hanna.maula@neste.com

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Neste's NEXPAO technology to be implemented at CNOOC and Shell Petrochemical Co. Ltd.'s Huizhou production site in China

Wed, Oct 19, 2022 08:00 CET

Neste Corporation, News, 19 October 2022Neste's Engineering Solutions, a global solution provider of high-quality technology, engineering and project services, and CNOOC and Shell Petrochemicals Company Limited (CSPC), an important petrochemicals joint venture in China, have signed an agreement for CSPC to utilize Neste's proprietary NEXPAO™ technology at its new synthetic base oil production unit in Daya Bay Economic & Technological Development Zone, Huizhou City, China.Neste's

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Neste's NEXPAO technology to be implemented at CNOOC and Shell Petrochemical Co. Ltd.'s Huizhou production site in China

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