Neste Corporation appointed new leadership team members as part of an organizational change that primarily affects the company?s Renewable Products business. As of 1 April 2026, Renewable Products commercial, refining, and feedstock sourcing and trading will be represented in Neste?s leadership team. At the same time, Neste will establish a Renewable Products, North America business unit, responsible for all renewable products business in North America, including regional feedstock and commercial operations as well as Martinez joint venture.
Neste Oyj specializes in oil product refining and distribution. Net sales break down by activity as follows:
- production of renewable fuels (41.1%): owns 3 refineries located in Finland, Singapore and the Netherlands;
- production and sale of oil products (36.4%): fuels, fuel oils, heavy fuel oils, lubricants, solvents, liquefied petroleum gases and bitumen;
- distribution of oil products to end-users (22.5%): owns, at the end of 2025, a network of 921 service stations located in Finland, Estonia, Latvia and Lithuania.
Net sales are distributed geographically as follows: Finland (25.5%), Nordic countries (12.2%), Baltic countries (10.7%), Europe (31.8%), the United States (17.3%) and other (2.5%).
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