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Neste Oyj (NESTE.HE)

NESTE.HE on Helsinki Stock Exchange

32.21EUR
18 Apr 2019
Change (% chg)

€0.29 (+0.91%)
Prev Close
€31.92
Open
€31.95
Day's High
€32.54
Day's Low
€31.93
Volume
825,544
Avg. Vol
1,234,118
52-wk High
€33.33
52-wk Low
€17.73

Latest Key Developments (Source: Significant Developments)

Neste To Issue 512.8 Mln New Shares
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Neste Oyj ::NEW SHARES WILL BE ISSUED TO SHAREHOLDERS IN PROPORTION TO THEIR HOLDINGS SO THAT 2 NEW SHARES ARE ISSUED FOR EACH SHARE.A TOTAL OF 512,807,372 NEW SHARES WILL BE ISSUED..NEW SHARES WILL SIMILARLY BE ISSUED WITHOUT PAYMENT TO COMPANY ON BASIS OF TREASURY SHARES HELD BY COMPANY.  Full Article

TechnipFMC wins major contract with Neste in Singapore
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Technipfmc Plc ::AWARDED A SIGNIFICANT CONTRACT FOR THE EXPANSION OF NESTE’S RENEWABLE PRODUCTS FACILITY IN SINGAPORE.TECHNIPFMC AWARDED A SIGNIFICANT CONTRACT FOR THE EXPANSION OF NESTE’S RENEWABLE PRODUCTS FACILITY IN SINGAPORE.PROJECT WILL INCREASE OVERALL NESTE SINGAPORE REFINERY RENEWABLE PRODUCTS PRODUCTION BY UP TO 1.3 MILLION TONS PER YEAR.FOR TECHNIPFMC A "SIGNIFICANT" CONTRACT RANGES BETWEEN $75 MILLION AND $250 MILLION.  Full Article

Neste Makes Major Investment In Singapore
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Neste Oyj ::NESTE STRENGTHENS ITS GLOBAL LEADING POSITION IN RENEWABLE PRODUCTS WITH A MAJOR INVESTMENT IN SINGAPORE.MADE FINAL INVESTMENT DECISION ON ADDITIONAL RENEWABLE PRODUCTS PRODUCTION CAPACITY IN SINGAPORE.INVESTMENT WORTH APPROXIMATELY EUR 1.4 BILLION.INVESTMENT WILL EXTEND NESTE'S RENEWABLE PRODUCT OVERALL CAPACITY IN SINGAPORE BY UP TO 1.3 MILLION TONS PER ANNUM.COMPANY'S TARGET IS TO START UP NEW PRODUCTION LINE DURING FIRST HALF OF 2022.INVESTMENT WILL BRINGING TOTAL RENEWABLE PRODUCT CAPACITY CLOSE TO 4.5 MILLION TONS ANNUALLY IN 2022.  Full Article

Neste Says New Renewables Production Line Located In Singapore, If Project Proceeds
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Neste Oyj ::NESTE CORPORATION - NESTE'S GROWTH PROGRAM FOR RENEWABLE PRODUCTS TAKES A STEP FORWARD.B‍OARD OF DIRECTORS HAS DECIDED THAT NESTE'S ADDITIONAL PRODUCTION CAPACITY FOR RENEWABLE DIESEL, RENEWABLE AVIATION FUEL AND RAW MATERIALS FOR VARIOUS BIOCHEMICAL USES WILL BE LOCATED IN SINGAPORE​.SAYS ‍DECISION INITIATES TECHNICAL DESIGN OF NEW PRODUCTION LINE, WITH AIM OF A FINAL INVESTMENT DECISION BY END OF 2018​.SAYS ‍IF PROJECT PROCEEDS AS PLANNED, PRODUCTION AT NEW PRODUCTION LINE WILL BEGIN BY 2022​.  Full Article

Valmet Supplies System For Neste Plant In The Netherlands
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Valmet Oyj ::- VALMET SUPPLIES AN INFORMATION MANAGEMENT SYSTEM FOR NESTE'S SLUISKIL PLANT IN THE NETHERLANDS.‍ORDER WAS INCLUDED IN VALMET'S Q3 2017 ORDERS RECEIVED.​.SYSTEM WAS DELIVERED IN NOVEMBER 2017..  Full Article

Finland's Neste Q3 EBIT beats analysts' expectations
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - NESTE OYJ :Q3 COMPARABLE EBIT ‍350​ MILLION EUROS VERSUS 260 MILLION EUROS IN REUTERS POLL.SAYS ‍EXPECTS OIL PRODUCTS' REFERENCE REFINING MARGIN TO DECREASE FROM PEAK LEVELS SEEN DURING Q3, REFLECTING END OF DRIVING SEASON​.SAYS ‍RENEWABLE PRODUCTS' ADDITIONAL MARGIN IS EXPECTED TO STAY AT A GOOD LEVEL DURING Q4​.SAYS ‍OIL PRODUCTS' ANNUAL AVERAGE REFERENCE MARGIN FOR 2017 IS EXPECTED TO BE ABOVE PREVIOUS YEAR'S LEVEL​.SAYS ‍PORVOO REFINERY IS EXPECTED TO RUN AT A HIGH UTILIZATION RATE, EXCEPT FOR A SCHEDULED FOUR-WEEK DECOKING MAINTENANCE AT PRODUCTION LINE 4 DURING Q4​.  Full Article

Neste shares jump after Q3 report
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Neste :Shares up 4.7 percent after Q3 profit beats analyst's expectations nFWN1N107Q.  Full Article

UPDATE 2-Renewables niche reaps profits for Finnish refiner Neste

* Also cooperating with Ikea on bio-based plastics (Adds CEO comments, details about Singapore investment)