Duyuru • Mar 05
Neste Corporation Announces Management Changes, Effective 1 April 2026 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. From 1 April 2026 onwards, Neste's leadership team members will consist of Heikki Malinen, President and CEO, and the following leadership team members, who will all report to the President and CEO: Jori Sahlsten, Executive Vice President, Oil Products business area; Artturi Mikkola, Senior Vice President, Renewable Products Feedstock Sourcing and Trading; Jukka Kanerva, Senior Vice President, Renewable Products Refining; Carl Nyberg, Senior Vice President, Renewable Products Commercial; N.N., President, Renewable Products, North America (Carl Nyberg as interim); Markku Korvenranta, Executive Vice President and Chief Operating Officer (COO); Eeva Sipilä, Chief Financial Officer (CFO); Hannele Jakosuo-Jansson, Executive Vice President, People & Culture. These changes will not affect Neste's financial reporting segments. Duyuru • Feb 07
Neste Corporation Appoints Jukka Siukosaari as Senior Vice President, Public Affairs and Geopolitics, Effective June 1, 2026 Neste Corporation has appointed Jukka Siukosaari, MSc (Econ.), as Senior Vice President, Public Affairs and Geopolitics, effective June 1, 2026. He will report to Heikki Malinen, President and CEO of Neste and be a member of Neste’s Extended Leadership Team. Siukosaari will join Neste from the Ministry of Foreign Affairs where he currently serves as Ambassador of Finland to the Kingdom of Denmark. Previously he has served as Finland’s ambassador to the United Kingdom, Japan and Argentina as well as the Permanent Representative to the IMO (International Maritime Organization). From 2018 to 2021 he was Chief of Staff at the Office of the President of the Republic of Finland. Duyuru • Oct 29
Neste Oyj Announces Guidance Unchanged for 2025 Neste Oyj announced guidance unchanged. for 2025 For the year, the company expected renewable products' sales volumes in 2025 are expected to be higher than in 2024. Oil Products' sales volumes in 2025 are expected to be higher than in 2024. Duyuru • Jun 09
Neste Corporation Appoints Members to Shareholders' Nomination Board Neste Corporation has appointed the following members to the Shareholders' Nomination Board: Director General Maija Strandberg of the Ownership Steering Department in the Prime Minister's Office of Finland, as the Chair, and Senior Vice President, Investments Timo Sallinen of Varma Mutual Pension Insurance Company and Head of Equities Annika Ekman of Ilmarinen Mutual Pension Insurance Company, as its members. Pasi Laine, the Chair of Neste's Board of Directors, acts as an expert to the Nomination Board. According to the Charter for the Shareholders' Nomination Board, the members represent the company's three largest shareholders. Shareholders entitled to elect members to the Nomination Board are determined annually on the basis of the shareholders' register as of the first banking day in June. The Shareholders' Nomination Board is responsible for preparing and presenting proposals to the Annual General Meeting concerning Board members and the number of Board members. The Nomination Board shall forward its proposals to Neste's Board of Directors by January 31, 2026. Duyuru • Mar 26
Neste Oyj Elects Members of Its Two Committees Neste Oyj convening after the Annual General Meeting on March 25, 2025, announced that the Board of Directors elected the members of its two Committees. Pasi Laine was elected as Chair and Nick Elmslie, Conrad Keijzer and Sari Mannonen as members of the Personnel and Remuneration Committee. Essimari Kairisto was elected as Chair and John Abbott, Anna Hyvönen and Just Jansz as members of the Audit Committee. Duyuru • Mar 25
Neste Corporation Approves Dividend for the Year 2024, Payable on 3 April 2025 Neste Corporation announced that at its AGM held on 25 March 2025, approved the board of directors' proposal that a dividend of EUR 0.20 per share will be paid on the basis of the approved balance sheet for 2024. The dividend will be paid to shareholders registered in the shareholders' register of the company maintained by Euroclear Finland Oy on the record date of the dividend payment, which shall be 27 March 2025. The dividend will be paid on 3 April 2025. Duyuru • Feb 14
Neste Oyj, Annual General Meeting, Mar 25, 2025 Neste Oyj, Annual General Meeting, Mar 25, 2025, at 10:30 FLE Standard Time. Location: in the conference centre of helsinki expo and, convention centre, entrance at rautatielaisenkatu 3, 00520 helsinki Finland Duyuru • Jun 14
Neste Corporation Announces Resignation of Heikki Malinen as Member of the Board of Directors Neste Corporation announced Heikki Malinen, a member of the board of directors of the company has announced his resignation from the board of the company as of 13 June 2024. The reason for the resignation is his appointment as Neste’s President and CEO as of 2 November 2024, at the latest. After Malinen’s resignation Neste’s Board comprises nine members. Duyuru • Jun 08
Neste Corporation Appoints Nomination Board Neste Corporation announced that the following members have been appointed to the Shareholders' Nomination Board: Director General Maija Strandberg of the Ownership Steering Department in the Prime Minister's Office of Finland, as the Chair, and Senior Vice President, Investments Timo Sallinen of Varma Mutual Pension Insurance Company and President and CEO Jouko Pölönen of Ilmarinen Mutual Pension Insurance Company, as its members. Matti Kähkönen, the Chair of Neste's Board of Directors, acts as an expert to the Nomination Board. The Shareholders' Nomination Board is responsible for preparing and presenting proposals to the AGM concerning Board members as well as the remuneration and the number of Board members. The Nomination Board shall forward its proposals to Neste's Board of Directors by 31 January 2025. Duyuru • May 09
Neste Corporation Announces Change in the Executive Committee Neste Corporation announced that Katja Wodjereck, Executive Vice President, Renewable Products business unit and a member of the Executive Committee since 1 April 2023 steps down from her position as of May 8, 2024 and leaves the company to pursue other opportunities. Carl Nyberg, Executive Vice President, Renewables Supply Chain and Sustainability and a member of the Executive Committee since 2019, will take the interim lead in the Renewable Products business in addition to his existing responsibilities. Duyuru • Mar 28
Neste Announces Committees Election At the Annual General Meeting held on 27 March 2024, Neste's Board of Directors elected the members of its two Committees. Johanna Söderström was elected as Chair and Nick Elmslie, Pasi Laine and Sari Mannonen as members of the Personnel and Remuneration Committee. Conrad Keijzer and Heikki Malinen as members of the Audit Committee. Duyuru • Feb 08
Neste Oyj Proposes Dividend for the Year 2023, Payable in Two Installments on 2 April 2024 and on 9 October 2024 The Board of Directors of Neste Oyj proposes to the AGM that a dividend of EUR 1.20 per share be paid on the basis of the approved balance sheet for 2023. The dividend shall be paid in two installments. The first instalment of the dividend, EUR 0.60 per share, will be paid to shareholders registered in the shareholders' register of the Company maintained by Euroclear Finland Oy on the record date for the first instalment of the dividend, which shall be, 2 April 2024. The Board proposes to the AGM that the first instalment of the dividend would be paid on Tuesday, 9 April 2024. The second instalment of the dividend, EUR 0.60 per share, will be paid to shareholders registered in the shareholders' register of the Company maintained by Euroclear Finland Oy on the record date for the second instalment of the dividend, which shall be 2 October 2024. The Board proposes to the AGM that the second instalment of the dividend would be paid on 9 October 2024. Duyuru • Jan 31
Neste Corporation Announces Kimmo Viertola Not to Stand for Re-Election as Board Member Neste Corporation announced that Kimmo Viertola, who has been a Board member of the Company as of 2023, has informed that he will not be available for re-election for the next period of office. Duyuru • Nov 09
Neste Oyj (HLSE:NESTE) acquired additional 29% stake in Neste Demeter B.V. Neste Oyj (HLSE:NESTE) acquired additional 29% stake in Neste Demeter B.V. on November 8, 2023. After this transaction Neste Oyj (HLSE:NESTE) Holds 80% stake in Neste Demeter B.V. Neste has also agreed to acquire the remaining shares of Neste Demeter B.V. over the next few years as agreed with the minority shareholders.
Neste Oyj (HLSE:NESTE) completed the acquisition of additional 29% stake in Neste Demeter B.V. on November 8, 2023. Duyuru • Sep 21
Neste Corporation Announces Special Dividend, Effective September 28, 2023 Neste Corporation will distribute a special dividend in the amount of EUR 0.25 per share, effective September 28, 2023. Duyuru • Sep 12
Neste Oyj Updates Production Outlook for Third-Quarter 2023 Neste Oyj updated production outlook for third-quarter 2023. New updated outlook: Neste's Oil Products' third-quarter total refining margin is expected to be significantly higher than in the second quarter of 2023 (USD 16.7/bbl). Previous outlook: Neste Oil Products' third-quarter total refining margin is expected to be slightly higher than in the second quarter of 2023 (USD 16.7/bbl). Duyuru • Sep 07
Neste Corporation Announces Appointment of Shareholders Nomination Board Neste Corporation announced the following members have been appointed to Neste's Shareholders' Nomination Board: The Chair, Senior Ministerial Adviser, Financial Affairs Maija Strandberg of the Ownership Steering Department in the Prime Minister’s Office of Finland; Timo Sallinen, Senior Vice President, Investments of Varma Mutual Pension Insurance Company; President and CEO Jouko Pölönen of Ilmarinen Mutual Pension Insurance Company and Matti Kähkönen, the Chair of Neste's Board of Directors. In line with a decision taken by the Annual General Meeting (AGM) held on 4 April 2013, the Shareholders' Nomination Board consists of four members, three of which shall be appointed by the company's three shareholders as of the first weekday in September, who shall appoint one member each, with the Chair of Neste's Board of Directors serving as the fourth member. The Nomination Board is responsible for drafting and presenting proposals covering potential Board members to the AGM as well as the remuneration and number of members of the Board of Directors. The Nomination Board will forward its proposals for the AGM to the Board of Directors by 31 January 2024. Duyuru • Aug 03
Neste Corporation Announces Death of Jari Rosendal, A Member of Board of Directors Jari Rosendal, a member of the Board of Directors of Neste Corporation, has died after a short illness. Rosendal served on Neste’s Board of Directors as of 2018. Duyuru • Jun 20
Neste Oyj Updates Dividend Policy Neste Oyj announced dividend policy has been updated as follows: "Neste's target is to pay a competitive and over time growing dividend." The former dividend policy was that the company distributes at least 50% of the company's comparable net profit for the year in the form of dividends. Duyuru • Jun 17
Neste Oyj Announces Resignation of Mercedes Alonso as Executive Vice President Neste Oyj announced Mercedes Alonso, Executive Vice President of Neste's Renewable Polymers and Chemicals business unit has decided to leave the company to pursue other opportunities, and she will step down by the beginning of the fourth quarter. The search for Alonso's successor will start without delay. Duyuru • May 17
Neste Oyj (HLSE:NESTE) agreed to acquire minority stake in Changi Airport Fuel Hydrant Installation Pte. Ltd. Neste Oyj (HLSE:NESTE) agreed to acquire minority stake in Changi Airport Fuel Hydrant Installation Pte. Ltd. on May 16, 2023. The transaction is subject to the fulfilment of customary closing conditions. Duyuru • May 13
Neste Oyj (HLSE:NESTE) acquired PetroCard, Inc. Neste Oyj (HLSE:NESTE) acquired PetroCard, Inc. on May 11, 2023.Neste Oyj (HLSE:NESTE) completed the acquisition of PetroCard, Inc. on May 11, 2023. Duyuru • Jan 14
Neste Oyj (HLSE:NESTE) acquired Used Cooking Oil Collection and Aggregation Business and Related Assets in United States from Crimson Renewable Energy Holdings LLC. Neste Oyj (HLSE:NESTE) agreed to acquire Used Cooking Oil Collection and Aggregation Business and Related Assets in United States of Crimson Renewable Energy Holdings LLC on November 17, 2022. Transaction has been approved by regulatory authorities.
Neste Oyj (HLSE:NESTE) acquired Used Cooking Oil Collection and Aggregation Business and Related Assets in United States from Crimson Renewable Energy Holdings LLC on January 13, 2022. Duyuru • Sep 29
Neste Oyj, Annual General Meeting, Mar 28, 2023 Neste Oyj, Annual General Meeting, Mar 28, 2023. Duyuru • Jan 29
Neste Corporation Proposes John Abbott to the Board of Directors Neste Corporation announced that subject to the approval of the AGM of a proposal for amending the Articles of Association to the effect that the maximum number of Board members is increased from eight to ten, the Nomination Board proposed that the Board of Directors shall have nine members and that Mr. John Abbott shall be elected as a new member. Duyuru • Jan 20
Linde Gas AB acquired a minority stake in Oy Innogas Ab from Neste Oyj (HLSE:NESTE). Linde Gas AB acquired a minority stake in Oy Innogas Ab from Neste Oyj (HLSE:NESTE) on January 18, 2021.
Linde Gas AB completed the acquisition of a minority stake in Oy Innogas Ab from Neste Oyj (HLSE:NESTE) on January 18, 2021. Duyuru • Jan 05
Neste Oyj (HLSE:NESTE) acquired a minority stake in Alterra Energy. Neste Oyj (HLSE:NESTE) acquired a minority stake in Alterra Energy on January 4, 2021.
Neste Oyj (HLSE:NESTE) completed the acquisition of a minority stake in Alterra Energy on January 4, 2021. Duyuru • Sep 19
Bitumina Industries Limited acquired a 49.99% stake in Nynas AB (publ) from Neste Oyj (HLSE:NESTE). Bitumina Industries Limited acquired a 49.99% stake in Nynas AB (publ) from Neste Oyj (HLSE:NESTE) on September 15, 2020.
Bitumina Industries Limited completed the acquisition of a 49.99% stake in Nynas AB (publ) from Neste Oyj (HLSE:NESTE) on September 15, 2020. AXIS Strategic Partners acted as financial advisor while ReedSmith LLP in the UK and DELPHI in Sweden are acting as legal advisors to Bitumina Industries Limited. Daniel Rosvall, Albert Wållgren and Linn Adelwald of Advokatfirman Vinge KB acted as the legal advisors to Neste.