What is the history of Neste?
Neste Corporation traces its corporate origins back to 1948 when it was established by the Finnish government under the name Neste Oy, originally created to secure Finland's domestic supply of refined petroleum products and crude oil imports. Over subsequent decades, the company expanded its refining infrastructure, shipping fleet, and petrochemical operations. In the 21st century, Neste underwent a visionary strategic transformation, shifting its core business model away from traditional fossil fuels toward renewable fuels and circular economy solutions, becoming the world's leading producer of renewable diesel and sustainable aviation fuel.
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In the Finnish language, the proper noun and corporate brand Neste translates literally to English as "liquid" or "fluid".
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