Neste’s renewable solutions helped offset emissions equal to that of 1.8M Europeans

In Finland, in 2022, Neste’s renewable solutions helped customers reduce their GHG emissions globally by 11.1 million tons altogether. This amount equals the annual carbon footprint of 1.8 million average EU citizens (source: World Bank) or the removal of four million passenger cars from the roads for a full year.

Neste’s current global production capacity of renewable products is 3.3 million tons annually. Neste’s ongoing Singapore refinery expansion project and the joint operation with Marathon Petroleum in Martinez, California will increase the total production capacity of renewable products to 5.5 million tons by the end of 2023, and make Neste the only global provider of renewable fuels and renewable feedstock for polymers and chemicals with a production footprint on three continents. When completed, the Rotterdam refinery expansion project will further increase the company’s total production capacity of renewable products to 6.8 million tons by the end of 2026. Furthermore, Neste has started a study on transitioning its refinery in Porvoo, Finland into a globally leading renewable and circular solutions site.