OTCM
NTOIF
Market cap30bUSD
Sep 17, Last price
39.10USD
1D
0.00%
1Q
26.77%
Jan 2017
2.90%
Name
Neste Oyj
Chart & performance
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Profile
Neste Oyj, an enterprise based in Espoo, Finland, delivers an array of sustainable and conventional oil products across multiple global regions, encompassing Finland, the Nordics, the Baltics, other European nations, and both North and South America. The company's operations are structured into four key divisions: Renewable Products, Oil Products, Marketing & Services, and Others. Through its Renewable Products segment, Neste develops, promotes, and sells sustainable diesel, eco-friendly jet fuels, and bio-solvents, alongside producing raw materials for bioplastics, all leveraging its specialized technology for wholesale distribution. The Oil Products division is responsible for manufacturing and supplying a comprehensive suite of refined petroleum products. This includes diesel, petrol, aviation and marine fuels, various fuel oils (light and heavy), base oils, gasoline constituents, specialized small engine fuels, solvents, liquefied gases, and bitumen, serving a diverse clientele from retailers and distributors to major oil firms, trading houses, petrochemical producers, and lubricant/solvent marketers. The Marketing & Services segment is dedicated to retailing petroleum products and associated amenities. It reaches private vehicle owners, industrial clients, logistics firms, agricultural customers, and heating oil consumers through its extensive network of 947 service stations and direct sales channels. Within the "Others" segment, the company provides engineering and technological solutions. Furthermore, Neste also manufactures essential raw materials for the polymers and chemicals industries. Established in 1948, the company was formerly recognized as Neste Oil Oyj before rebranding to Neste Oyj in June 2015.
Related entities
Subsidiaries (18)
B J B, LLC
NASID (SHANGHAI) TRADING CO., LTD
NESTE (SUISSE) S.A.
Neste AB
NESTE COMPONENTS B.V.
Neste Demeter B.V.
NESTE GERMANY GMBH
Neste Markkinointi Oy
NESTE NETHERLANDS B.V.
NESTE NV
NESTE PRETREATMENT ROTTERDAM B.V.
Neste Shipping Oy
NESTE SINGAPORE PTE. LTD.
NESTE US, INC.
NERM SOLUTIONS INDIA PRIVATE LIMITED
NESTE ASIA PACIFIC PTE. LTD.
NESTE WALCO LIMITED
SABIEDRIBA AR IEROBEZOTU ATBILDIBU "NESTE LATVIJA"
Key people
President and Chief Executive Officer, Chair of the Executive Committee · since 2018
Juha-Pekka Kekalainen
Vice President, Investor Relations · since 2014
Mercedes Alonso
Executive Vice President, Renewable Polymers and Chemicals, Managing Director of Neste Germany GmbH, Member of the Executive Committee · since 2019
Senior Vice President, Human Resources, HSSEQ and Procurement; Member of the Executive Committee · since 2019
Thorsten Lange
Executive Vice President for Renewable Aviation, Member of the Executive Committee · since 2020
Carl Nyberg
Executive Vice President, Renewable Road Transportation; Member of the Executive Committee · since 2019
Elizabeth Burghout
Independent Director · since 2018
Independent Director · since 2017
Headquarters & legal address
Keilaranta 21
Espoo, 18 02150
FI
Espoo, 18 02150
FI
Previous name
Fortum Oil Oy
Previous name
Neste Oil Oyj
Valuation
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