Neste is a oil refining and marketing corporation that is recognized for Environmental in the 2022 Airport Technology Excellence Awards.

During this research period the company signed a number of important contracts, most of them for the supply of its sustainable aviation fuel. A big step forward for the company has been its partnership with American multinational ExxonMobil. The partnership will allow Neste to take advantage of ExxonMobil’s well established distribution network in France. This move will see SAF fuel being used at some of France’s biggest airports.

The company has also increased its presence in the Japanese SAF market, this time in partnership with Itochu. The collaboration will see Neste’s trademark MY Sustainable Aviation Fuel being used at Haneda and Narita airports.

Neste also helped realise Malaysia Airlines’ first ever SAF flight.

Company Profile

Neste is an oil refining and marketing company that offers advanced and clean traffic fuels. It produces and sells gasoline; diesel fuel; aviation fuel; heating oil; light and heavy fuel oil; base oils; gasoline components; specialty fuels; solvents; liquid petroleum gas (LPG), bitumen and renewable diesel.

The company undertakes direct sales and marketing of petroleum products around the Baltic region. It has operations in Finland, Northwest Russia, Estonia, Latvia and Lithuania. It also exports oil to other global markets, which include the US, Sweden, Canada, Germany and the UK.

The company markets its products to oil companies and companies that market oil, fuels, lubricants and other special products. Neste is headquartered in Espoo, Finland.