Neste

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 combating 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

Vice President, Communications and Brand

hanna.maula@neste.com

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Neste's Half-Year Financial Report for January-June 2019

Thu, Jul 25, 2019 08:00 CET

Neste Corporation, Half-Year Financial Report, 25 July 2019 at 9 am. (EET) Strong result supported by record sales in Renewable Products Second quarter in brief: · Comparable operating profit totaled EUR 367 million (EUR 277 million) · Operating profit totaled EUR 358 million (EUR 172 million) · Renewable Products' comparable sales margin was USD 568/ton (USD 508/ton) · Oil Products' total refining margin was USD 9.42/bbl (USD 11.75/bbl) · Marketing & Services' comparable operating profit was EUR 25 million (EUR 20 million) · Cash flow before financing activities

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Neste's Half-Year Financial Report for January-June 2019

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