BNET Industries

Last Fiscal Year Sales:$17.6B
  • Public
  • FI
Dow Jones Description

Oil, Gas, Petroleum & Plastic Production; Oil & Chemicals Trading, Shipping; Natural Gas Importing & Marketing

Interim CEO
Jarmo Honkamaa
Number of Employees 4,810
Contact Information

Keilaranta 21

Espoo 00095

www.nesteoil.co...

(358) 10 45811

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

Recent Events

  • PRESS RELEASE: Neste Oil And St1 To Collaborate As Part Of VTT's TransEco Development Program

    11/04/09 - Product Announcement - View Story

  • BRIEF-RESEARCH ALERT-Goldman raises price targets on European energy cos

    9/25/09 - Bond / Stock Rating - View Story

  • Finland's Neste starts up demo biomass-to-liquids plant

    6/11/09 - Site Opening - View Story

News & Analysis

neste oil corp. - All News and Analysis

  • Neste Oil Corporation launches renewable diesel in Finland

    - 2008-05-06

    NORDIC BUSINESS REPORT-6 May 2008-Neste Oil Corporation launches renewable diesel in FinlandC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Finnish oil company Neste Oil Corporation (OMX Helsinki:NES1V) said on Tuesday (6 May) that it has launched a unique renewable diesel, the Neste Green diesel, in Finland. Neste Oil is the first...

    Tags: Neste Oil Corp.

  • Neste Oil's Interim Report for January-March 2008

    - 2008-04-24

    - Comparable operating profit 25% lower compared to Q1/07 at EUR 119 million The first quarter in brief: - Sales of EUR 3,297 million (Q1/07: 2,457 million) - Comparable operating profit of EUR 119 million (Q1/07: 158 million) - Operating profit of EUR 204 million (Q1/07: 164 million) -...

    Tags: Digital Equipment Corp., Neste Oil Corp., Rintekno

  • Neste Oil expects high standards of corporate responsibility from its biofuel raw material suppliers

    - 2008-04-24

    A commitment to sustainable development is a prerequisite to being a supplier of biofuel raw materials to Neste Oil, and the company actively supports efforts aimed at incorporating the principles of sustainable development into legislation and monitoring procedures covering all buyers and producers of organic raw materials. Neste Oil believes...

    Tags: Neste Oil Corp.

  • Neste Oil renames its Biodiesel division

    - 2008-04-23

    Neste Oil's Biodiesel division has been renamed Renewable Fuels, with immediate effect. The change was made because the term biodiesel is often associated with fatty acid methyl ester FAME products, which are completely different from Neste Oil's advanced NExBTL renewable diesel, in terms of both production technology and product properties....

    Tags: Neste Oil Corp.

  • Neste Oil to publish its first quarter results on 24 April, 2008

    - 2008-04-16

    Neste Oil will publish its first quarter 2008 results on Thursday, 24 April 2008 at approximately 8 am EET. The release will be available on the Neste Oil website immediately after publishing. A press conference in Finnish will be held on the same day at 10:00 am EET in...

    Tags: Neste Oil Corp.

Decision Makers

Name (plus bio) Position
Jarmo Honkamaa Interim CEO
Ilkka Salonen CFO
Risto Takkala Interim CFO
Jorma Haavisto Executive Vice President, Oil Refining
Kimmo Rahkamo Executive Vice President, Components
Risto Nasi Executive Vice President, Shipping
Sakari Toivola Executive Vice President, Oil Retail
Hannele Jakosuo-Jansson Senior Vice President, HR
Juha-Pekka Kekalainen Senior Vice President, Corp Development
Osmo Kammonen Senior Vice President
Simo Honkanen Vice President, Neste Oil's Biodiesel Division
Hanna Maula Manager, External Comm
Helena Ehoniemi Trading Manager
Jaana Hamara Communications Manager
Johan Perander Trading Manager
Juha Rouhiainen Investor Relations Manager
Kai Larnimaa Manager, Hse Risks
Marjaana Suominen Communications Manager
Neville Fernandes Business Development Manager
Niko Ristikankare Trading Manager North America
Pentti Parkkinen Brand Manager
Sami Oja Manager, Sales, Neste Oil's Biodiesel Division
Seppo Loikkanen Manager, Product Stewardship
Timo Tunturi Communications Manager
Tuuli Kousa Communications Manager
Heikki Saarinen Treasurer
Jari Niemila Operator
Jatta Hytonen Communications Officer
Jouko Korkeakoski Industrial Safety Officer
Katariina Reinikainen Trader Europe
Katja Koskinen Coordinator (Operations)
Matti Hautakangas General Counsel
Sauli Saumala Investor Relations Officer
Soong Siew Regional Representative
Taina Tamminen Investor Relations Assistant, E

Board of Directors

Name (plus bio) Position
Maarit Toivanen-Koivisto Chairman of the Board
Timo Peltola Chairman of Neste Oil's Board of Directors
Ainomaija Haarla Member of the Board
Anne-Mari Virolainen Board of Directors
Antti Tanskanen Board of Directors
Chem Techn Board of Directors
Esko Ahonen Board of Directors
Hannes Manninen Board of Directors
Heidi Hautala Board of Directors
Jutta Urpilainen Board of Directors
Markku Tapio Member of The Board
Markus Mustajarvi Board of Directors
Michiel A. M. Boersma Member of The Board
Mikael Forss Board of Directors
Mikael von Frenckell Vice Chairman
Nina Linander Member of the Board
Timo Heinonen Board of Directors

In addition to Deputy CEO, Mr Honkamaa is responsible for Neste Oil's proprietary second-generation NExBTL Renewable Diesel business. Mr. Honkamaa has held several management and executive positions at Fortum Corporation and Neste Oyj, including Executive Vice President, Oil Refining (2005-2007), Vice President, Wholesale and Supply (2000-2004), and Vice President, MTBE Business Unit (1996-2000). He is a member of the Board of Directors of the Finnish Oil and Gas Federation.

Organization Position Status
Neste Oil Corporation Interim CEO Current
Neste Oil Corporation Executive Vice President, Refining Former

Organization Position Status
Neste Oil Corporation CFO Current

Organization Position Status
Neste Oil Corporation Interim CFO Current

Organization Position Status
Neste Oil Corporation Executive Vice President, Oil Refining Current

Organization Position Status
Neste Oil Corporation Executive Vice President, Components Current

Organization Position Status
Neste Oil Corporation Executive Vice President, Shipping Current

Mr Toivola is in charge of Oil Retail Finland and Baltic Rim, Direct Sales and LPG Businesses. Mr Toivola has worked as Managing Director (2002-2007) and Retail Sales Director (2001-2002) of oy Esso ab (Finland). He is a member of Luottokunta Supervisory Board, and has been Chairman (2004-2005) and Member (2002-2007) of the Finnish Oil and Gas Federation Board, as well as Chairman (2002-2007) and Member (2000-2007) of Oil Suppliers Pool.

Organization Position Status
Neste Oil Corporation Executive Vice President, Oil Retail Current

Organization Position Status
Neste Oil Corporation Senior Vice President, HR Current

Organization Position Status
Neste Oil Corporation Senior Vice President, Corp Development Current

Mr. Kammonen has worked as Senior Vice President, Corporate Communications and Investor Relations, of Elcoteq Network Corporation (1996-2004).

Organization Position Status
Neste Oil Corporation Senior Vice President Current

Organization Position Status
Neste Oil Corporation Vice President, Neste Oil's Biodiesel Division Current

Organization Position Status
Neste Oil Corporation Manager, External Comm Current

Helena's first brush with the oil business was at the Union service station at Kylmakoski, where she worked as a summer assistant in the coffee shop. She came to Neste Chemicals some years later to write her dissertation and went on to become a process engineer at the Porvoo refinery. Over the 15 years that followed Helena became familiar with the refinery, its laboratory, product planning, and production. Following this, she moved to Head Office to work for Operative Control in sales management and stock management, where she was offered the opportunity to go to London to trade diesel. The plan was to spend a year or two in London, but now the assignment has been extended to at least four years.

Organization Position Status
Neste Oil Corporation Trading Manager Current

Organization Position Status
Neste Oil Corporation Communications Manager Current

Organization Position Status
Neste Oil Corporation Trading Manager Current

Organization Position Status
Neste Oil Corporation Investor Relations Manager Current

Organization Position Status
Neste Oil Corporation Manager, Hse Risks Current

Organization Position Status
Neste Oil Corporation Communications Manager Current

Organization Position Status
Neste Oil Corporation Business Development Manager Current

Organization Position Status
Neste Oil Corporation Trading Manager North America Current

Mr Pentti is in charge of the overall financial activities of the Company such as corporate finance, financial and management accounting, corporate business control, tax, treasury and cash management. Furthermore, he is responsible for the investor relations, risk management and corporate IT services.

Organization Position Status
Neste Oil Corporation Brand Manager Current

Organization Position Status
Neste Oil Corporation Manager, Sales, Neste Oil's Biodiesel Division Current

Organization Position Status
Neste Oil Corporation Manager, Product Stewardship Current

Organization Position Status
Neste Oil Corporation Communications Manager Current

Organization Position Status
Neste Oil Corporation Communications Manager Current

Organization Position Status
Neste Oil Corporation Treasurer Current

Organization Position Status
Neste Oil Corporation Operator Current

Organization Position Status
Neste Oil Corporation Communications Officer Current

"Even though rescue work is an important part of safety, it is only one part of EHS operations", says Jouko Korkeakoski, who works in the EHS group. After 14 years of work Jouko sought his way from the task of fire chief to an industrial safety officer.

Organization Position Status
Neste Oil Corporation Industrial Safety Officer Current

Organization Position Status
Neste Oil Corporation Trader Europe Current

Organization Position Status
Neste Oil Corporation Coordinator (Operations) Current

Organization Position Status
Neste Oil Corporation General Counsel Current

Organization Position Status
Neste Oil Corporation Investor Relations Officer Current

Organization Position Status
Neste Oil Corporation Regional Representative Current

Organization Position Status
Neste Oil Corporation Investor Relations Assistant, E Current

Ms. Toivanen-Koivisto is the Chief Executive Officer and a member of the Board of Onvest Oy. She serves as the Chairman of the Board of Onninen Group.

Organization Position Status
Neste Oil Corporation Chairman of the Board Current
Neste Oil Corporation Member of the Board Former

Mr. Peltola is the former Chief Executive Officer of HuhtamA ki Corporation. He serves as the Vice Chairman of the Board of Nordea AB (publ.) and as a member of the Boards of TeliaSonera AB and SAS AB. He is also the Chairman of the Supervisory Board of Mutual Pension Fund Ilmarinen, and a member of the Supervisory Board of the Finnish Fair Corporation Co-operative.

Organization Position Status
Neste Oil Corporation Chairman of Neste Oil's Board of Directors Current
Neste Oil Corporation Vice Chairman of the Board Former

Ms. Haarla is the Advisor and Managing Partner in Oy ProConsilium Ltd. Previously Vice President in the Business Development of UPM-Kymmene Group and the former Vice President of Corporate Marketing in Metso Corporation. She holds a Doctor of Science degree in Technology and a Master of Business Administration degree.

Organization Position Status
Neste Oil Corporation Member of the Board Current

Organization Position Status
Neste Oil Corporation Board of Directors Current

Titular Minister Antti Tanskanen is the former Chairman and Chief Executive Officer of OKO Bank Group. Since 2007 he has served as the Chairman of the Board for the Finnish Institute of International Affairs (FIIA). He is a member of Board of Directors of M-real Corporation. Mr. Tanskanen holds a Doctor of Science degree in Economics.

Organization Position Status
Neste Oil Corporation Board of Directors Current

Chief Executive Officer of Dutch energy company, Essent NV. Served for many years in the Shell Group, most recently as President, Shell Global Solutions and Executive Vice President of the Shell Oil Products Executive Committee between 2000 and 2003. Member of Neste Oil's Personnel and Remuneration Committee.

Organization Position Status
Neste Oil Corporation Board of Directors Current

Organization Position Status
Neste Oil Corporation Board of Directors Current

Organization Position Status
Neste Oil Corporation Board of Directors Current

Organization Position Status
Neste Oil Corporation Board of Directors Current

Organization Position Status
Neste Oil Corporation Board of Directors Current

Senior Financial Councellor at the Prime Minister's Office, Ownership Steering Department. Member of the Board of Directors of VR-Group Ltd. Member of Neste Oil's Audit Committee.

Organization Position Status
Neste Oil Corporation Member of The Board Current

Organization Position Status
Neste Oil Corporation Board of Directors Current

Organization Position Status
Neste Oil Corporation Member of The Board Current

Organization Position Status
Neste Oil Corporation Board of Directors Current

Organization Position Status
Neste Oil Corporation Vice Chairman Current

Ms. Linander is the member of the Board of Opcon AB. She is the former Group Treasurer of AB Electrolux and former Director, Product Area Electricity, of Vattenfall AB.

Organization Position Status
Neste Oil Corporation Member of the Board Current

Organization Position Status
Neste Oil Corporation Board of Directors Current
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