OverviewSuggest Edit

Neste is a company creating sustainable solutions for transport, aviation, polymers, and chemicals sectors. It is engaged in the production of renewable diesel and renewable jet fuel refined from waste and residues. The company also provides the raw material for plastics that is made out of renewable and recycled materials.

HQEspoo, FI
Employee Ratings3.5

Latest Updates

Employees (est.) (Jun 2022)4,719(-1%)
Job Openings63
Revenue (FY, 2021)€15.1 B(+29%)
Share Price (Jun 2022)€44.8
Cybersecurity ratingBMore
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Key People/Management at Neste

Peter Vanacker

Peter Vanacker

President and CEO, Chair of the Executive Committee
Mercedes Alonso

Mercedes Alonso

Executive Vice President, Renewable Polymers and Chemicals
Panu Kopra

Panu Kopra

Executive Vice President, Marketing & Services
Thorsten Lange

Thorsten Lange

Executive Vice President, Renewable Aviation
Matti Lehmus

Matti Lehmus

Executive Vice President, Renewables Platform
Carl Nyberg

Carl Nyberg

Executive Vice President, Renewable Road Transportation
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Neste Office Locations

Neste has offices in Espoo, Houston, Melbourne, Beringen and in 10 other locations
Espoo, FI (HQ)
Keilaranta 21
Melbourne, AU
140 William Street, L40/140 William St
Beringen, BE
Industrieweg 154
Bruxelles, BE
Rue Belliard 40
Shanghai, CN
Room 604 - 605, Tower 1, Jing’an Kerry Center
Tallinn, EE
Sõpruse pst. 155
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Neste Financials and Metrics

Neste Revenue

Neste's revenue was reported to be €15.15 b in FY, 2021

Revenue (Q1, 2022)


Gross profit (Q1, 2022)


Net income (Q1, 2022)


EBITDA (Q1, 2022)


EBIT (Q1, 2022)


Market capitalization (22-Jun-2022)


Closing stock price (22-Jun-2022)


Cash (31-Mar-2022)



Neste's current market capitalization is €34.4 b.
EURFY, 2018FY, 2019FY, 2020FY, 2021



Cost of goods sold


Gross profit


R&D expense

EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022



Cost of goods sold


Gross profit

EURFY, 2018FY, 2019FY, 2020FY, 2021



Accounts Receivable


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EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022



Accounts Receivable



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Net Income


Depreciation and Amortization




Accounts Payable

EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

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Neste Operating Metrics

FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020FY, 2020Q1, 2021

Renewable Products Sales Volume, tonnes

2.1 m2.27 m531 k485 k544 k662 k2.22 m543 k674 k637 k713 k2.57 m550 k589 k547 k575 k2.26 m692 k745 k716 k693 k2.85 m731 k773 k730 k732 k2.97 m743 k

Refined Products, barrels

103.2 m92.6 m25.6 m28.2 m26.8 m25 m105.6 m27.2 m27.1 m27.3 m26.8 m108.4 m28.5 m26.4 m28 m25.9 m108.8 m26.9 m27.5 m26.9 m27.9 m109.2 m29.7 m23 m26.7 m23.8 m103.3 m22.8 m

Neste Acquisitions / Subsidiaries

Company NameDateDeal Size
Mahoney EnvironmentalMarch 10, 2020
Fryer Oil Equipment LLC
Kiinteistö Oy Espoon Keilaranta 21
Mahoney Environmental LLC
Mahoney Environmental Solutions, LLC
Mahoney Transportation Services LLC
Mendota Agri-Products, LLC
Navidom Oy
Neste AB
Neste Affiliate B.V.
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Neste Revenue Breakdown

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Neste revenue breakdown by business segment: 45.1% from OIL PRODUCTS, 29.9% from MARKETING & SERVICES, 44.8% from RENEWABLE PRODUCTS and -19.8% from Other

Neste revenue breakdown by geographic segment: 32.2% from FINLAND, 17.2% from OTHER NORDIC COUNTRIES, 7.6% from BALTIC RIM, 20.6% from OTHER EUROPEAN COUNTRIES, 21.3% from NORTH & SOUTH AMERICA and 1.1% from Other

Neste Cybersecurity Score

Cybersecurity ratingPremium dataset



SecurityScorecard logo

Neste Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

CSRHub logo

Neste Online and Social Media Presence

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Neste News and Updates

Tripleseat's Brian Neste Wins APPEALIE Customer Success Leader Award

Brian Neste, Sr. VP of Customer Experience for Tripleseat, recognized as a top customer success executive for SaaS businesses CONCORD, Mass., April 27, 2022 /PRNewswire/ -- Tripleseat, the leading web-based sales and event management platform for restaurants, hotels, and unique venues,...

DEAC and Neste to cooperate on sustainable data storage solutions

HELSINKI and RIGA, Latvia, Jan. 27, 2022 /PRNewswire/ -- DEAC and Neste join forces to cooperate on sustainable data storage solutions. DEAC is one of the largest independent data centers in Northern Europe, which has been acquiring renewable electricity starting from 2021. Cooperation...

Statkraft signs 10-year wind power agreement with Neste in Finland

(Oslo, Norway/Espoo Finland, 1 September 2021) – Statkraft, Europe's largest producer and marketer of renewable energy, and Neste have signed a 10-year power purchase agreement enabling the Finnish company to reduce greenhouse gas emissions with power from a Finnish wind farm under construction.

Neste MY Renewable Diesel Receives Industry's First TOP TIER Certification

HELSINKI, Finland, July 6, 2021 /PRNewswire/ -- Neste Corporation, News, 6 July 2021 at 10.05 a.m. (ET) / 5.05 p.m. (EET) Neste MY Renewable Diesel™ is the first renewable diesel brand to receive TOP TIER™ Diesel Fuel certification for its high quality and powerful performance. The...

How Biofuels Giant Neste Transforms America’s French Fry Grease Into Clean Diesel

“We always thought of it as owning a lot of oil wells, sprinkled around the country.”

Global Renewable Diesel (Capacity and Demand) Market Insights & Forecast Report 2020-2024 Featuring Total S.A., Valero Energy, Eni, Neste, HollyFrontier and Renewable Energy Group

Dublin, April 09, 2021 (GLOBE NEWSWIRE) -- The "Global Renewable Diesel Market (by Capacity and Demand): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)" report has been added to's offering.
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Neste Blogs

Neste honored among Fast Company’s 2022 list of World’s 50 Most Innovative Companies

Neste Corporation, News, 9.3.2022 Language English Related Content Circular economy Circular economy Neste and Hesburger to launch a significant circularity collaboration – used cooking oil collected fro…

Innovation and R&D are at the core of combating climate change

Language English Related Content Innovation Innovation Neste strengthens global innovation and R&D by opening an R&D center in Singapore Read more Aviation …

Sustainable Transformation of Polymer and Chemical Industry in South Korea is an Irresistible Force

Language English Related Content Plastics Plastics Neste, Mitsui Chemicals and Toyota Tsusho collaborate to start Japan's first production of renewable plastics from 100% bio-based hydrocarbons Read more …

NEXBASE podcast: Neste introduces NEXBASE 4+ base oil made with renewable raw materials

Language English Base oils Base oils Base oils Guest blog: Our sustainable approach to the future of oil refining Read more Base oils Base oils Neste is comm…

Neste MY Renewable Diesel Receives Industry’s First TOP TIER Certification

Language English Related Content Aviation Aviation Bringing sustainable air travel to the Lone Star State. Read more Renewable solutions …

Lost in friction – how drop-in solutions could be a breakthrough in establishing more sustainable lubrication

Language English Related Content Base oils Base oils No more room for friction in our sustainability efforts Read more Base oils Base oils Base oils Gues…
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Neste Frequently Asked Questions

  • When was Neste founded?

    Neste was founded in 1948.

  • Who are Neste key executives?

    Neste's key executives are Peter Vanacker, Mercedes Alonso and Panu Kopra.

  • How many employees does Neste have?

    Neste has 4,719 employees.

  • What is Neste revenue?

    Latest Neste annual revenue is €15.1 b.

  • What is Neste revenue per employee?

    Latest Neste revenue per employee is €3.2 m.

  • Who are Neste competitors?

    Competitors of Neste include Ecolab, Renewable Energy Group and Saras.

  • Where is Neste headquarters?

    Neste headquarters is located at Keilaranta 21, Espoo.

  • Where are Neste offices?

    Neste has offices in Espoo, Houston, Melbourne, Beringen and in 10 other locations.

  • How many offices does Neste have?

    Neste has 14 offices.