{"product_id":"neste-business-model-canvas","title":"Neste Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNeste Business Model Canvas: Renewable Fuels, Circular Feedstocks \u0026amp; Value Creation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eReview Neste's Business Model Canvas to understand how renewable fuels, sustainable feedstock sourcing, and refining capabilities come together to define its value proposition, customer focus, and revenue model.\u003c\/p\u003e\n\u003cp\u003eDownload the full editable canvas for a clear, section-by-section view of customer segments, key partners, cost structure, and growth drivers-ideal for investors, strategists, and analysts.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eWaste and Residue Suppliers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste sources waste and residue feedstocks via a global supplier network, scaling used cooking oil, animal fats and industrial side streams to secure inputs for its renewable diesel and SAF; by 2025 feedstock purchases rose to ~3.4 million tonnes, supporting 2.8 Mtpa refining capacity.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAviation and Airline Alliances\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCollaborations with major global airlines and airport hubs secure long-term SAF off-take contracts-Neste reported SAF supply agreements covering ~700 million liters through 2025, giving predictable demand and revenue visibility for capital planning.\u003c\/p\u003e\n\u003cp\u003eBy integrating SAF into airport fueling systems at key hubs, Neste expanded access to international carriers; as of 2024 SAF deliveries reached ~250 million liters, helping partners progress toward ICAO CORSIA and EU ReFuelEU targets.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePolymer and Chemical Manufacturers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste partners with leading chemical firms like BASF and Dow to supply renewable feedstock for sustainable plastics and chemicals, supporting \u0026gt;300 kilotonnes\/year of bio-based input capacity as of 2025 and replacing fossil inputs across existing processes.\u003c\/p\u003e\n\u003cp\u003eThese alliances accelerate the circular economy by shifting value into high-margin materials: Neste reported 2024 sales from renewable polymers \u0026amp; chemicals initiatives exceeding EUR 250 million, expanding market reach beyond transport fuels.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLogistics and Distribution Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNeste partners with maritime shippers and land logistics firms to move feedstock and finished products; in 2024 Neste shipped ~3.4 million tonnes of product and sourced waste and residue oils from 30+ countries to feed global sites.\u003c\/p\u003e\n\u003cp\u003eThese partners deliver renewable diesel and SAF to Europe, North America and Asia, cutting transit losses and ensuring regulatory compliance; logistics reduce lead times to key markets and support Neste's 2024 EBITDA of EUR 2.1 billion by safeguarding supply chains.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e3.4 million tonnes shipped (2024)\u003c\/li\u003e\n\u003cli\u003eFeedstock from 30+ countries\u003c\/li\u003e\n\u003cli\u003eKey markets: Europe, North America, Asia\u003c\/li\u003e\n\u003cli\u003e2024 EBITDA link: EUR 2.1 billion\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Academic Institutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eResearch partnerships with universities and institutes accelerate Neste's scale-up of algae, lignocellulosic and power-to-X (PtX) routes; Neste reported in 2025 over 20 active collaborations and co-funded external R\u0026amp;D with roughly EUR 45 million committed since 2021 to pilot these feedstocks.\u003c\/p\u003e\n\u003cp\u003eThese ties help Neste keep its tech lead and diversify renewables, aiming to integrate \u0026gt;10% cellulosic\/algae feedstock and pilot 100 MW PtX capacity by 2030.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e20+ active collaborations (2025)\u003c\/li\u003e\n\u003cli\u003eEUR 45m external R\u0026amp;D spend since 2021\u003c\/li\u003e\n\u003cli\u003eTarget \u0026gt;10% cellulosic\/algae feedstock by 2030\u003c\/li\u003e\n\u003cli\u003ePilot 100 MW PtX capacity target by 2030\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNeste scales SAF \u0026amp; feedstock: 3.4Mt purchases, €2.1bn EBITDA, 2030 cellulosic \u0026amp; PtX goals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste secures ~3.4 Mt feedstock purchases (2025) from 30+ countries, supports 2.8 Mtpa refining, and reported SAF contracts ~700 ML and SAF deliveries ~250 ML by 2024, aiding EUR 2.1bn 2024 EBITDA; R\u0026amp;D partnerships (20+) with EUR 45m co-funding since 2021 target \u0026gt;10% cellulosic\/algae feedstock and 100 MW PtX by 2030.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eFeedstock purchases (2025)\u003c\/td\u003e\n\u003ctd\u003e~3.4 Mt\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRefining capacity\u003c\/td\u003e\n\u003ctd\u003e2.8 Mtpa\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSAF contracts (through 2025)\u003c\/td\u003e\n\u003ctd\u003e~700 ML\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSAF deliveries (2024)\u003c\/td\u003e\n\u003ctd\u003e~250 ML\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2024 EBITDA\u003c\/td\u003e\n\u003ctd\u003eEUR 2.1 bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D collaborations (2025)\u003c\/td\u003e\n\u003ctd\u003e20+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D spend since 2021\u003c\/td\u003e\n\u003ctd\u003eEUR 45 m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCellulosic\/algae target\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;10% by 2030\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePtX pilot target\u003c\/td\u003e\n\u003ctd\u003e100 MW by 2030\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA comprehensive, pre-written Business Model Canvas for Neste that maps customer segments, channels, value propositions, key partners, activities, resources, cost structure and revenue streams tied to its renewable products and oil refining operations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eClean, concise Business Model Canvas for Neste that condenses strategy into a one-page, shareable snapshot-ideal for quick reviews, team collaboration, and saving hours of formatting when comparing models or preparing executive summaries.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdvanced Feedstock Sourcing and Pretreatment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste sources and pretreats 3.2 million tonnes of waste and residue feedstocks globally (2024), converting low-grade streams into high-quality renewable inputs via proprietary pretreatment plants that cut impurity levels below industry thresholds and lift usable yield by ~18% per tonne. This capability underpins Neste's 2024 renewable product output of 3.3 million tonnes and reduces lifecycle GHG emissions by up to 80% versus fossil fuels, a core competitive edge.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRenewable Product Refining and Production\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste uses its proprietary NEXBTL technology to convert waste and vegetable oils into high-performance fuels and chemicals, operating major refineries in Singapore, Rotterdam and Porvoo; in 2025 installed renewable-product capacity reached about 4.5 million tonnes\/year to meet rising demand for Sustainable Aviation Fuel and renewable diesel.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Development for Circularity\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste invests ~EUR 100m annually in R\u0026amp;D (2024 figure) to scale circular feedstocks and conversion tech, focusing on chemical recycling of plastics and synthetic fuels via carbon capture and utilization (CCU). These efforts target hard-to-decarbonize sectors - aviation, shipping, and heavy industry - and supported Neste's 2024 announcement of a pilot CCU plant aiming for 100 ktonnes CO2\/year capacity by 2027.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory Compliance and Policy Advocacy\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNeste navigates global environmental rules and carbon markets, engaging policymakers to push higher renewable mandates; in 2024 Neste reported 5.5 Mt of renewable product sales and lobbied for stricter EU RED III thresholds that boost demand and margins.\u003c\/p\u003e\n\u003cp\u003eCompliance with ISCC and RSB certifications across regions preserves premium pricing-certified feedstock sales fetched ~€12-15\/tonne uplift in 2024, protecting marketability.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e5.5 Mt renewable sales in 2024\u003c\/li\u003e\n\u003cli\u003eAdvocated EU RED III stricter thresholds\u003c\/li\u003e\n\u003cli\u003eISCC\/RSB certification = €12-15\/tonne premium\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Supply Chain Optimization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNeste manages sourcing from over 60 countries and ships to 100+ markets, using AI-driven analytics to cut logistics costs and working capital; logistics and feedstock accounted for ~28% of 2024 operating costs, so optimizing routes and inventory boosted margin resilience against commodity swings.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eSources: 60+ countries\u003c\/li\u003e\n\u003cli\u003eMarkets served: 100+\u003c\/li\u003e\n\u003cli\u003e2024 ops cost share (logistics\/feedstock): ~28%\u003c\/li\u003e\n\u003cli\u003eUses AI\/analytics for inventory, routing, scheduling\u003c\/li\u003e\n\u003cli\u003eReduces geopolitical \u0026amp; commodity price risk\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNeste scales NEXBTL to 4.5Mt capacity, €100m R\u0026amp;D and €12-15\/t certification premium\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste converts 3.2 Mt waste\/residue feedstocks (2024) into 3.3 Mt renewable products via NEXBTL, running refineries in Singapore, Rotterdam, Porvoo and 4.5 Mt installed capacity (2025); R\u0026amp;D spend ~€100m (2024) targets CCU and chemical recycling, while ISCC\/RSB certification delivered €12-15\/t premium and logistics\/feedstock were ~28% of ops costs (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eFeedstocks sourced\u003c\/td\u003e\n\u003ctd\u003e3.2 Mt (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewable output\u003c\/td\u003e\n\u003ctd\u003e3.3 Mt (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstalled capacity\u003c\/td\u003e\n\u003ctd\u003e4.5 Mt\/yr (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D spend\u003c\/td\u003e\n\u003ctd\u003e~€100m (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCertification premium\u003c\/td\u003e\n\u003ctd\u003e€12-15\/t (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOps cost share (logistics\/feedstock)\u003c\/td\u003e\n\u003ctd\u003e~28% (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Document Unlocks After Purchase\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the actual Neste Business Model Canvas you will receive after purchase-not a mockup or sample-and is presented here exactly as in the final deliverable; upon completing your order you'll get the same fully editable file ready for use in Word and Excel.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNEXBTL Refining Technology\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe proprietary NEXBTL process enables Neste to convert diverse feedstocks-waste oils, tallow, and renewable oils-into drop-in renewable diesel and SAF that fit existing engines and infrastructure; in 2024 Neste produced ~3.2 million tonnes of renewable products, with NEXBTL driving gross margins near 28% and creating a strong technology moat that raises competitors' capital and feedstock-sourcing barriers.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Multi-Site Refinery Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste runs a global, multi-site refinery network with expanded renewable hubs in Singapore and Rotterdam-capable of ~2.5 million tonnes\/year renewable product capacity after 2025 upgrades-located on major shipping lanes and near demand centers to cut logistics costs and delivery times.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDiverse Waste Feedstock Portfolio\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste holds a broad, growing waste-and-residue feedstock mix that cuts single-source risk; by 2025 ~30% of feedstock came from advanced streams such as acid oils and wastewater sludge, up from ~18% in 2020. The feedstock base is secured via direct sourcing, long-term offtake contracts and targeted acquisitions of waste-collection firms, supporting Neste's 2025 renewable product volumes and ~€1.8bn raw-materials spend.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntellectual Property and Patents\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNeste holds 200+ patents and pending IP filings (2025) covering renewable diesel, SAF and chemical recycling, protecting proprietary refining catalysts and process designs that drive ~€15bn 2024 revenue.\u003c\/p\u003e\n\u003cp\u003eThese protections enable licensing deals and potential royalty streams while ongoing R\u0026amp;D spend (€640m in 2024) funds defenses as competition rises.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e200+ patents\/pending (2025)\u003c\/li\u003e\n\u003cli\u003e€640m R\u0026amp;D spend (2024)\u003c\/li\u003e\n\u003cli\u003e€15bn revenue exposure (2024)\u003c\/li\u003e\n\u003cli\u003eLicensing\/royalty potential\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eExpert Workforce and Technical Talent\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNeste's scientists, engineers, and supply-chain experts are core intangible assets, underpinning its 2024 renewable product volume of 3.0 million tonnes and €18.3 billion net sales; their skills run refining, R\u0026amp;D, and global compliance across 14 countries.\u003c\/p\u003e\n\u003cp\u003eThe company's innovation-and-sustainability culture-R\u0026amp;D spend €155 million in 2024-helps attract\/retain talent in the green fuels sector and supports feedstock diversification and SAF (sustainable aviation fuel) scale-up.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e3.0 million tonnes renewable output (2024)\u003c\/li\u003e\n\u003cli\u003e€18.3 billion net sales (2024)\u003c\/li\u003e\n\u003cli\u003e€155 million R\u0026amp;D spend (2024)\u003c\/li\u003e\n\u003cli\u003eOperations in 14 countries\u003c\/li\u003e\n\u003cli\u003eCore skills: refining, R\u0026amp;D, supply-chain, regulatory\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNeste scales renewable fuels: 3.2Mt output, 200+ patents, €640M R\u0026amp;D, ~28% gross margin\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste's NEXBTL tech, 200+ patents (2025) and €640m R\u0026amp;D (2024) enable 3.2 Mt renewable output (2024) and ~28% gross margins; global refineries (Singapore, Rotterdam) target ~2.5 Mt\/yr capacity post-2025, supported by diversified feedstock (~30% advanced streams in 2025) and €1.8bn raw-materials spend.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewable output (2024)\u003c\/td\u003e\n\u003ctd\u003e3.2 Mt\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D (2024)\u003c\/td\u003e\n\u003ctd\u003e€640m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePatents (2025)\u003c\/td\u003e\n\u003ctd\u003e200+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAdvanced feedstock (2025)\u003c\/td\u003e\n\u003ctd\u003e30%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRaw-materials spend\u003c\/td\u003e\n\u003ctd\u003e€1.8bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSignificant Carbon Footprint Reduction\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste's renewable fuels cut lifecycle greenhouse gas emissions by up to 90% versus fossil fuels, letting transport fleets, airlines and cities meet scope 1-3 targets and accelerate ESG metrics; in 2024 Neste produced 2.9 million tonnes of renewable products, enabling customers to report immediate emissions reductions and supporting corporate net-zero plans tied to measurable carbon intensity drops.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-Performance Drop-in Fuel Solutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste's renewable diesel and SAF are true drop-in fuels-usable in existing engines and infrastructure with zero modifications-cutting customers' capital expenses; in 2024 Neste sold 3.2 million tonnes of renewable products, avoiding retrofit costs estimated at hundreds of millions for large fleets.\u003c\/p\u003e\n\u003cp\u003eThe fuels' high purity improves combustion, lowering maintenance and improving uptime; lifecycle CO2 reductions reach up to 80% vs fossil fuels (EU RED II methodology), and customers report fuel-system maintenance savings of 5-12% in field studies.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCircular Economy Feedstock for Plastics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste supplies renewable and chemically recycled feedstocks that cut plastics' crude-oil reliance; in 2024 Neste produced ~1.3 million tonnes of renewable and circular feedstock, enabling up to 80% lifecycle GHG savings versus fossil feedstock in some polymer applications.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eReliable Global Supply and Scalability\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpneste expanded production capacity to million tonnes of renewable products by end-2025 letting neste reliably supply large industrial users and airlines with scalable volumes needed for long-term contracts.\u003e\u003cpits global footprint-17 customer terminals and sales in countries-ensures consistent access to high-quality renewable fuels across regions reducing delivery risk supporting fleet-level decarbonization.\u003e\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~2.0 Mtpa capacity (2025)\u003c\/li\u003e\n\u003cli\u003eSupply to 50+ countries\u003c\/li\u003e\n\u003cli\u003e17 terminals globally\u003c\/li\u003e\n\u003cli\u003eTargets 1.5-3.0% aviation fuel share by 2030\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/pits\u003e\u003c\/pneste\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory and ESG Compliance Support\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNeste's certified renewable fuels help customers meet tightening environmental rules and renewable mandates, lowering regulatory risk and avoiding penalties as carbon pricing and ETS schemes expand; Neste reported 2024 renewable product sales of 6.0 million tonnes, supporting clients' compliance across EU, US, and Asian markets.\u003c\/p\u003e\n\u003cp\u003eNeste's role grows as governments raise ambition-EU Fit for 55, rising carbon prices (EU ETS average ~€100\/tonne in 2024) and SAF mandates (ICAO CORSIA and EU ReFuelEU) make certified fuels a cost-effective compliance tool.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e6.0 million tonnes renewable sales in 2024\u003c\/li\u003e\n\u003cli\u003eEU ETS ~€100\/tonne average 2024\u003c\/li\u003e\n\u003cli\u003eSupports SAF and renewable diesel mandates\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNeste: Scalable drop‑in renewables-6.0 Mt sold, +2.0 Mtpa capacity, up to 90% GHG cut\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste provides drop-in renewable fuels and circular feedstocks that cut lifecycle GHGs up to 90%, scaled by 6.0 Mt sold in 2024 and ~2.0 Mtpa added capacity by end‑2025, supporting customers' regulatory compliance and lowering retrofit and maintenance costs.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewable sales\u003c\/td\u003e\n\u003ctd\u003e6.0 Mt (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAdded capacity\u003c\/td\u003e\n\u003ctd\u003e~2.0 Mtpa (end‑2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGHG reduction\u003c\/td\u003e\n\u003ctd\u003eup to 90%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarkets\u003c\/td\u003e\n\u003ctd\u003e50+ countries, 17 terminals\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Long-Term Supply Agreements\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste secures volume and price stability via multi-year supply contracts with airlines and heavy-duty fleet operators; in 2024 its SAF (sustainable aviation fuel) offtake agreements covered ~400 ktpa, representing ~25% of SAF production capacity and locking revenue streams worth roughly EUR 200-250m annually.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Advisory and Integration Services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cpneste provides expert technical advisory to help customers integrate renewable fuels and feedstocks into operations advising on fuel performance infrastructure compatibility blend optimization in neste handled over customer projects globally reducing clients lifecycle co2 by an estimated million tonnes. acting as a partner charging consulting-linked margins products ebit of eur billion it strengthens loyalty locks long-term supply contracts.\u003e\n\u003c\/pneste\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCollaborative Sustainability Roadmaps\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste co-develops long-term decarbonization roadmaps with partners, tailoring measures like SAF uptake and renewable diesel blends to cut Scope 1-3 emissions; pilot projects since 2020 have delivered up to 60% lifecycle CO2e reductions for select clients. These collaborations include joint marketing and shared sustainability reporting-Neste reported supplying 3.2 million tonnes of renewable products in 2024-positioning the company as a strategic ally in customers' net-zero transitions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKey Account Management for Enterprise\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eDedicated account managers deliver personalized service to large enterprise clients, meeting complex logistical and commercial needs and enabling Neste to react within days to shifts in demand; in 2024 Neste's B2B sales to aviation and transport accounted for roughly EUR 7.1 billion, underscoring the financial importance of high-touch relationships.\u003c\/p\u003e\n\u003cp\u003eEffective account management preserves ties with global leaders in aviation, transport, and chemicals-sectors where Neste supplies sustainable aviation fuel (SAF) and renewable feedstocks, and where top 20 customers represented about 45% of industrial sales in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDedicated managers: rapid, tailored responses\u003c\/li\u003e\n\u003cli\u003e2024 B2B sales ≈ EUR 7.1 billion\u003c\/li\u003e\n\u003cli\u003eTop 20 clients ≈ 45% of industrial sales (2024)\u003c\/li\u003e\n\u003cli\u003eFocus sectors: aviation, transport, chemicals\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Monitoring and Reporting Tools\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eBy 2025, Neste's digital platforms let customers monitor renewable fuel use and CO2 savings in real time, supporting ESG reports; Neste reported serving ~3.5 million tonnes of renewable products in 2024, enabling roughly 8.5 Mt CO2e avoided since 2016.\u003c\/p\u003e\n\u003cp\u003eDigital engagement boosts transparency and ease of data management, helping customers show progress to stakeholders and cut reporting time-platforms integrate with major ESG systems and export verified consumption logs.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eReal-time tracking of fuel use and emissions\u003c\/li\u003e\n\u003cli\u003eSupports ESG reporting and stakeholder disclosure\u003c\/li\u003e\n\u003cli\u003e3.5 Mt renewable products served in 2024\u003c\/li\u003e\n\u003cli\u003e~8.5 Mt CO2e avoided cumulative since 2016\u003c\/li\u003e\n\u003cli\u003eExports to major ESG systems for audits\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNeste locks ~400 ktpa SAF (~€200-250m) and €7.1bn B2B sales, enabling ~8.5 Mt CO2e avoided\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste secures long-term volumes via multi-year SAF and renewable diesel contracts (~400 ktpa SAF offtake ≈ EUR 200-250m\/year in 2024), plus technical advisory, account managers and digital tracking that supported EUR 7.1bn B2B sales and ~3.5 Mt renewable products served in 2024, helping clients avoid ~8.5 Mt CO2e since 2016.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eSAF offtake\u003c\/td\u003e\n\u003ctd\u003e~400 ktpa\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSAF revenue locked\u003c\/td\u003e\n\u003ctd\u003eEUR 200-250m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eB2B sales\u003c\/td\u003e\n\u003ctd\u003eEUR 7.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewable products served\u003c\/td\u003e\n\u003ctd\u003e~3.5 Mt\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCumulative CO2e avoided\u003c\/td\u003e\n\u003ctd\u003e~8.5 Mt\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect B2B Sales Force\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste's Direct B2B Sales Force targets airlines, large corporates, and industrial manufacturers, driving ~€1.4bn of renewable product sales in 2024 through tailored, high-volume contracts and technical support for sustainable aviation fuel and renewable diesel deployments. The team is organized by industry segment to deliver deep market know-how, cut negotiation cycles, and secure multi-year agreements averaging €25-75m per contract.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Logistics and Maritime Network\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste's maritime and land logistics network delivers renewable fuels to global markets, using owned terminals and partners like major shipowners and rail operators to move \u0026gt;5 million tonnes of product in 2024 and reach 70+ countries. Controlling transport and storage reduces lead times and costs, enabling timely supply to hubs and customers and supporting Neste's 2024 renewable diesel sales growth and 11% EBITDA margin in fuels. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegional Retail Station Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIn the Nordics, Neste operates ~130 retail stations selling renewable diesel (Neste MY Renewable Diesel) and conventional fuels, acting as visible brand touchpoints and direct channels to consumers and small businesses.\u003c\/p\u003e\n\u003cp\u003eThe network is shifting toward high-blend renewables-over 40% of station diesel sales in 2025 were renewable blends-supporting regional decarbonization and boosting downstream retail margin stability.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndustrial Distributor Networks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNeste uses third-party industrial distributors to reach small commercial customers and niche markets, giving local market access, storage, and last-mile delivery without building full local infrastructure; in 2024 distributors handled an estimated 18% of Neste's renewable product volumes, supporting sales in 40+ countries.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLocal storage + last-mile delivery\u003c\/li\u003e\n\u003cli\u003eAccess to 40+ countries\u003c\/li\u003e\n\u003cli\u003e~18% of renewable volumes via distributors (2024)\u003c\/li\u003e\n\u003cli\u003eLower capex vs building own terminals\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCollaborative Digital Sales Platforms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpneste uses collaborative digital sales platforms and customer portals to streamline orders share product specs manage communications offering access account data sustainability metrics-neste reported of b2b via channels in reduced order processing time by year-on-year.\u003e\n\u003c\/pneste\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNeste's multichannel reach: €1.4bn B2B, 5+ MT logistics, 130 stations, 18% digital\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste channels: direct B2B sales (~€1.4bn renewable sales 2024; avg contract €25-75m), logistics network (\u0026gt;5 MT moved in 2024; 70+ countries), 130 Nordic retail stations (40% diesel blends 2025), 18% renewable volumes via distributors (2024), 18% B2B digital sales (2024; -35% order time).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003e2024\/25 metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDirect B2B\u003c\/td\u003e\n\u003ctd\u003e€1.4bn sales\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLogistics\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;5 MT, 70+ countries\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetail\u003c\/td\u003e\n\u003ctd\u003e130 stations; 40% blends (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDistributors\u003c\/td\u003e\n\u003ctd\u003e18% volumes\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital\u003c\/td\u003e\n\u003ctd\u003e18% sales; -35% order time\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCommercial Aviation and Airports\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cpairlines and airport operators form a high-growth segment for neste driven by saf demand that rose globally to tonnes in eu blending mandates targeting voluntary net-zero targets carriers iag united also boost purchases. production scale-over million of renewable products including feedstock capacity-and long-term offtake contracts make it preferred supplier major international seeking emissions cuts.\u003e\n\u003c\/pairlines\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHeavy-Duty Road Transport Fleets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eLogistics companies, public transport authorities, and heavy-duty fleet operators buy Neste Renewable Diesel to cut scope 1 emissions without replacing vehicles; Neste reported selling 2.6 million tons of renewable products in 2024, with renewable diesel growth driven by road transport demand. Renewable diesel cuts lifecycle greenhouse gas emissions by up to 80% versus fossil diesel and gives an immediate decarbonization route for long-haul trucking and urban buses where electrification is limited.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePlastics and Chemical Manufacturers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThe polymers and chemical manufacturers segment uses Neste's renewable feedstock to create sustainable polymers and chemicals, supporting brand owners' demand for eco-friendly packaging and a shift to a circular economy; Neste reported €1.6 billion revenue from renewable polymers \u0026amp; chemicals in 2024, up 40% year-on-year. This segment diversifies Neste beyond fuels, targeting a market where global bio-based polymer demand is projected to reach 11.2 million tonnes by 2030.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMarine and Shipping Operations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNeste sells low-carbon marine fuels to shipowners facing IMO 2020 sulfur rules and the IMO's 2050 target of 50% GHG reduction; Neste's renewable marine fuel volumes rose 28% in 2024, helping reduce lifecycle CO2 emissions by up to 80% versus fossil marine fuel (company claim).\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDemand growth: shipping decarbonization pressure + regulatory targets\u003c\/li\u003e\n\u003cli\u003eNeste 2024: +28% marine fuel volumes\u003c\/li\u003e\n\u003cli\u003eEmissions cut: up to 80% lifecycle CO2 reduction\u003c\/li\u003e\n\u003cli\u003eValue: keeps operational profile while meeting sulfur\/CO2 rules\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEco-Conscious Retail Consumers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eIndividual drivers and small business owners in the Nordics who prioritize sustainability form a loyal retail segment for Neste, often paying a premium for Neste My Renewable Diesel to cut personal emissions; in 2024 Neste reported retail renewable diesel volumes up 12% in the Nordics, supporting stronger margins at branded stations.\u003c\/p\u003e\n\u003cp\u003eThis steady demand boosts Neste's home-market brand presence and helps capture ~5-8% price premium customers accept versus fossil diesel, reinforcing recurring sales and cross-sell of renewable products.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eNordic retail growth: +12% renewable diesel volumes (2024)\u003c\/li\u003e\n\u003cli\u003ePrice premium accepted: ~5-8% vs fossil diesel\u003c\/li\u003e\n\u003cli\u003eSegment role: steady demand, higher margins, stronger brand\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNeste powers growth: SAF, renewables, polymers, shipping \u0026amp; Nordic retail surge in 2024\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cpairlines logistics polymers shipping and nordic retail are neste core customer segments with volumes: saf t total renewable products mt revenue marine volumes yoy price premium.\u003e\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003e2024 metric\u003c\/th\u003e\n\u003cth\u003eKey fact\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAirlines\u003c\/td\u003e\n\u003ctd\u003eSAF ~450,000 t\u003c\/td\u003e\n\u003ctd\u003eEU 2% by 2030 mandates\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRoad\/Logistics\u003c\/td\u003e\n\u003ctd\u003eRenewables 2.6 Mt\u003c\/td\u003e\n\u003ctd\u003eImmediate scope 1 cuts ~80%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePolymers\/Chem\u003c\/td\u003e\n\u003ctd\u003eRevenue €1.6bn\u003c\/td\u003e\n\u003ctd\u003e+40% YoY\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eShipping\u003c\/td\u003e\n\u003ctd\u003eMarine +28% vol\u003c\/td\u003e\n\u003ctd\u003eLifecycle CO2 -up to 80%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNordic retail\u003c\/td\u003e\n\u003ctd\u003e+12% vol\u003c\/td\u003e\n\u003ctd\u003ePrice premium ~5-8%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/pairlines\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRaw Material Sourcing and Logistics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNeste's largest cost is procuring and transporting waste and residue feedstocks; in 2024 feedstock purchases were ~€5.1bn, ~60% of COGS, and rising as competition for sustainable inputs increased. Sourcing high-quality waste streams, where premiums can reach 20-40% versus mixed feedstocks, and coordinating logistics from fragmented suppliers worldwide are critical to keep unit costs and margin erosion in check.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEnergy-Intensive Refining Operations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOperating Neste's high-tech refineries consumes large energy loads and maintenance spend; in 2024 Neste reported refinery energy and utilities costs around EUR 600-700 million annually, with hydrogen, electricity and process heat as primary drivers. Neste offsets costs via 10-15% efficiency gains and increasing renewable electricity use (over 50% on-site 2024), and constantly optimizes yields to buffer volatile energy prices.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eContinuous RD and Innovation Spending\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaintaining leadership in renewables forces Neste to invest heavily in R\u0026amp;D-Neste spent about EUR 150 million on R\u0026amp;D in 2024, funding new feedstock trials, scaling SAF and HVO tech, and piloting power-to-X projects.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory Compliance and Carbon Credits\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNeste spends material amounts on sustainability certifications (e.g., ISCC, RSB) and auditing to meet EU Renewable Energy Directive and US LCFS rules; compliance and certification costs were part of €1.2bn sustainability-related operating costs cited in 2024 reporting.\u003c\/p\u003e\n\u003cp\u003eParticipation in carbon markets and regulatory obligations drives trading, offset procurement and legal costs-Neste reported ~0.3 Mt CO2e of allowance-related hedging exposure in 2024, adding millions in annual compliance expenses.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCertification \u0026amp; auditing: recurring, global\u003c\/li\u003e\n\u003cli\u003eReported 2024 sustainability Opex ≈ €1.2bn\u003c\/li\u003e\n\u003cli\u003eCarbon-market exposure ≈0.3 Mt CO2e (2024)\u003c\/li\u003e\n\u003cli\u003eLegal\/admin for policy compliance: ongoing\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Expenditure for Capacity Expansion\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eExpanding production capacity in Singapore and Rotterdam requires multi-billion-euro capital expenditure-Neste estimated about EUR 2.5-3.5 billion for the 2024-2028 expansion phase to secure feedstock processing and renewable diesel output growth.\u003c\/p\u003e\n\u003cp\u003eThese investments are essential to capture rising SAF and renewable diesel demand and demand rigorous financing, project execution, and balance-sheet management to achieve global scale and leadership.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eEstimated capex 2024-2028: EUR 2.5-3.5bn\u003c\/li\u003e\n\u003cli\u003eTargets increase in renewable fuel output by ~30-50% by 2028\u003c\/li\u003e\n\u003cli\u003eKey risks: project delays, permit hurdles, feedstock price swings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNeste cost breakdown: €5.1bn feedstock dominates; €2.5-3.5bn capex, key supply\/regulatory risks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste's biggest costs are feedstock purchases (~€5.1bn, ~60% COGS in 2024), refinery energy\/utilities (~€650m in 2024), R\u0026amp;D (~€150m), sustainability Opex (~€1.2bn) and capex (€2.5-3.5bn planned 2024-28). Key risks: feedstock price rises, project delays, regulatory compliance.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003e2024\/Plan\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eFeedstock spend\u003c\/td\u003e\n\u003ctd\u003e€5.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEnergy\/utilities\u003c\/td\u003e\n\u003ctd\u003e€650m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003e€150m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSustainability Opex\u003c\/td\u003e\n\u003ctd\u003e€1.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapex 2024-28\u003c\/td\u003e\n\u003ctd\u003e€2.5-3.5bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRenewable Diesel Sales for Transport\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRenewable diesel sales to road transport customers are Neste's main revenue driver, with 2024 volumes of ~3.2 million tonnes and revenue contribution ~€5.1 billion, driven by strong demand in Europe and North America. This stream benefits from EU and US low-carbon fuel mandates and premium pricing-Neste reported an average premium of ~€250\/tonne over fossil diesel-and by 2025 it is a leading global supplier in this high-margin segment.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSustainable Aviation Fuel SAF Sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSales of sustainable aviation fuel (SAF) now account for a material and growing share of Neste's revenue, with SAF volumes rising to about 0.6 Mt in 2024 and contributing roughly €0.9-1.1 billion in sales that year as airlines scale decarbonization. EU mandates (ReFuelEU Aviation) and US incentives (45Z tax credits) underpin a stable market, while multi-year airline offtake contracts provide predictable, backlog-style revenue that supports Neste's planned SAF capacity expansions through 2026.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRenewable Feedstock for Polymers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNeste sells renewable and recycled feedstocks to chemical makers for sustainable plastics, a strategic move into the circular economy that yields higher margin products than traditional fuels; in 2025 Neste reported renewable product sales of EUR 11.8 billion and feedstock volumes for polymers grew ~28% YoY, with management forecasting double-digit CAGR as brand owners shift to bio-based materials. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResidual Conventional Oil Product Sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cpneste generates cash from conventional oil product sales at its porvoo refinery-gasoline diesel and heating oil-funding capex for renewables in these products still accounted roughly of neste eur billion revenue but that share fell versus by the continues to decline as saf renewable gains market share.\u003e\n\u003cp class=\"lst_crct\"\u003e\n\u003c\/p\u003e\u003cli\u003ePorvoo outputs: gasoline, diesel, heating oil\u003c\/li\u003e\n\u003cli\u003e2024 revenue: EUR 17.7 bn (conventional ≈22%)\u003c\/li\u003e\n\u003cli\u003eDeclining trend to 2025 as renewables grow\u003c\/li\u003e\n\n\u003c\/pneste\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Services and Carbon Credits\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNeste earns extra revenue from technical consulting and selling carbon credits and RINs, leveraging its sustainability expertise and refinery-to-feedstock know‑how; in 2024 Neste reported about EUR 300-350 million in renewable certificates and services-related income, helping offset feedstock-driven margin swings.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTechnical services: engineering, optimization, licensing-EUR ~150-200M (2024 est.)\u003c\/li\u003e\n\u003cli\u003eCarbon credits\/RINs: sales ~EUR 150M-200M (2024 est.)\u003c\/li\u003e\n\u003cli\u003eResult: diversifies revenue, reduces commodity volatility, boosts profitability\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRenewables drive revenue: €6.1bn in biofuels, feedstocks +28% YoY, services €300-350m\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eRenewable diesel: ~3.2 Mt (2024), ≈€5.1bn; SAF: ~0.6 Mt (2024), ≈€1.0bn; conventional products: ≈22% of €17.7bn revenue (2024); feedstocks for chemicals growing ~28% YoY; certificates\/services ≈€300-350m (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eStream\u003c\/th\u003e\n\u003cth\u003e2024 volume\u003c\/th\u003e\n\u003cth\u003e2024 revenue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewable diesel\u003c\/td\u003e\n\u003ctd\u003e3.2 Mt\u003c\/td\u003e\n\u003ctd\u003e≈€5.1 bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSAF\u003c\/td\u003e\n\u003ctd\u003e0.6 Mt\u003c\/td\u003e\n\u003ctd\u003e≈€1.0 bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eConventional\u003c\/td\u003e\n\u003ctd\u003e-\u003c\/td\u003e\n\u003ctd\u003e≈22% of €17.7 bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFeedstocks\/chemicals\u003c\/td\u003e\n\u003ctd\u003e+28% YoY\u003c\/td\u003e\n\u003ctd\u003eIncluded in renewable product sales €11.8 bn (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCertificates\/services\u003c\/td\u003e\n\u003ctd\u003e-\u003c\/td\u003e\n\u003ctd\u003e≈€300-350 m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"Value Chain Analysis","offers":[{"title":"Default Title","offer_id":57357546488139,"sku":"neste-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1049\/6776\/6347\/files\/neste-canvas-business-model.webp?v=1779151968","url":"https:\/\/valuechainanalysis.com\/products\/neste-business-model-canvas","provider":"Value Chain Analysis","version":"1.0","type":"link"}