Neste
Also known as:
Neste Oyj, Fortum Oil
Neste Oyj, Fortum Oil
Neste is an international oil products refining and marketing company, based in Finland where it operates the Porvoo refinery.
Neste is also a major player in the renewable diesel market with HVO plants in Rotterdam and Singapore.
Refining history
Refining history
1948 - Neste was established as the state oil company of Finland
1957 - Naantali refinery was commissioned
1965 - Porvoo refinery commissioned
1998 - Neste merged with Voima Oyj to form Fortum Oij
2005 - The oil business of Fortum was spun off as Neste Oil
2007 - A renewable diesel plant was commissioned at Porvoo
2010 - A renewable diesel plant was commissioned in Singapore
2011 - A renewable diesel plant was commissioned in Rotterdam
2021 - Naantali refinery was closed and converted to a products terminal