Neste Oyj (0O46.IL)
| Previous close | 25.91 |
| Open | 25.64 |
| Bid | 25.26 x 0 |
| Ask | 26.29 x 0 |
| Day's range | 25.18 - 25.83 |
| 52-week range | 23.61 - 44.37 |
| Volume | |
| Avg. volume | 526,052 |
| Market cap | 21.799B |
| Beta (5Y monthly) | 0.95 |
| PE ratio (TTM) | 17.31 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.02 (3.49%) |
| Ex-dividend date | 28 Sept 2023 |
| 1y target est | N/A |
- Reuters
Neste to supply renewable raw materials to S Korea's Lotte Chemical
Finland's Neste said on Monday it will provide renewable raw materials to Lotte Chemical's plants in South Korea in a collaboration to produce chemicals and plastics with lower emissions. The plastics and chemicals produced may be used in multiple applications, such as packaging, construction, textiles and electronics, Neste said in a press release. "We are looking forward to increasing the share of renewable solutions in collaboration with Lotte Chemical," said Jeroen Verhoeven, Neste's vice president of value chain development for renewable polymers and chemicals.
- Reuters
Workers threaten 2-day strike at Neste oil refinery in Finland
Finland's Industrial Union said on Thursday it planned two days of labour strike action at Neste's Porvoo oil refinery, likely shutting the plant's production unless the government agrees to change its proposed labour market reforms. "We hope that the suspension of oil refining will make the government realise that it cannot put the entire burden of public finances on the shoulders of workers," shop steward Sami Ryynanen at the Porvoo refinery said in a statement. A strike at Porvoo is scheduled for Feb. 1-2 of 2024, the Industrial Union said.
- Reuters
Finnish refiner Neste to raise SAF output, exit fossil fuels
Finland's Neste said on Wednesday it plans to invest some 2.5 billion euros ($2.74 billion) to convert its Porvoo crude oil refinery into a biofuels production facility as it seeks to exit fossil fuel production over the long term. Neste has grown rapidly in recent years after investing in making renewable fuels from waste and residue, as industries and transport operators worldwide seek to cut their emissions. "The goal of our change programme is to create a globally significant production capacity for renewable and circular economy solutions, up to three million tons," Neste CEO Matti Lehmus told Reuters.
