Neste Oil Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Neste Oil Oyj Adds NExBTL Renewable Naphtha Suitable for Producing Bioplastics to its Corporate Customer Product Range
Neste Oil Oyj announced that it has launched the commercial production and sales of renewable naphtha for corporate customers. NExBTL renewable naphtha can be used as a feedstock for producing bioplastics, for example, and as a biocomponent for gasoline. NExBTL naphtha is produced as part of the NExBTL renewable diesel refining process at the Company's sites in Finland, the Netherlands and Singapore. In addition to renewable naphtha, the NExBTL renewable diesel refining process also produces renewable propane, which can be used as a traffic fuel, for cooking and heating in the home, and in food packaging.
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