During 2011, research concentrated on extending the range of raw materials that Neste Oil uses, and around 80% of the company’s R&D expenditure, which totaled EUR 42 million, was spent on research in this area. Neste Oil received an EUR 50 million loan from the Nordic Investment Bank for research into renewable raw materials, which will strengthen the company's cutting edge R&D work in the future.  

Targets for 2012:

• Increase productivity by improving the performance of Diesel Line 4 at the Porvoo refinery and further developing NExBTL technology
• Extend the raw material base used in producing renewable fuels to provide greater flexibility
• Develop new technologies and protect IPR effectively
• Develop strategic partnerships.