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Neste in brief Neste (NESTE, Nasdaq Helsinki) is the world's leading producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The company’s renewables production capacity is expected to reach 6.8 million tons annually in 2027. Neste also produces high-quality oil products at its Porvoo refinery in Finland. The company has a network of nearly 1,000 fuel stations with expanding service offering, such as EV charging, in Finland and in the Baltics. Neste’s strategy focuses on growth in renewable fuels, which help its customers to reduce their greenhouse gas emissions. Neste is included in many international indices for its sustainability performance. In 2025, Neste's revenue stood at EUR 19.0 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, Marketing, Sustainability and Public Affairs

hanna.maula@neste.com

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Neste to receive EU Innovation Fund support for developing a new co-processing technology

Mon, Nov 10, 2025 13:30 CET

Neste Corporation, News, 10 November 2025 The European Commission announced funding for 61 cutting-edge technology projects on 3 November, 2025. Neste's SCOOP (Sustainable Co-Processing of Challenging Raw materials) project was among the five Finnish projects selected for funding from a total of 359 applications. Neste’s SCOOP project aims to develop an entirely new co-processing technology for tall oil based raw material to be used at its Porvoo oil refinery in Finland. Crude tall oil is a residue generated at pulp mills when pulp is produced from pine wood, and it is

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Neste to receive EU Innovation Fund support for developing a new co-processing technology

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