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Business
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Sales of petroleum and renewable products to wholesale customers
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Sales of petroleum products to end-users
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Main markets
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Europe and North America
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Finland and the Baltic Rim
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Capacity
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- Oil Products: 15 million t/a
- NExBTL renewable diesel: 2 million t/a
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- 819 outlets in Finland
- 326 outlets in Russia, the Baltic countries, and Poland
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Strategic role
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- To maximize the cash flow provided by the sales of the products Neste Oil refines
- To generate profitable growth on the growing market for premium-quality base oil and renewable fuels
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- To act as a marketing channel for Neste Oil’s products
- To maximize the cash flow generated by product sales
- To leverage the market potential in the countries around the Baltic
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Strengths
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- High-quality products
- Ability to use Russian crude and other feedstocks
- NExBTL technology developed by Neste Oil
- Possibility to use a flexible mix of sustainably produced renewable raw materials
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- High-quality traffic fuels
- Strong brand and market position
- Extensive station network
- Competitive unit costs
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Market position
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- Oil Products: 1. on Neste Oil's home markets
- Base Oils (Group III): 2. in Europe, 3. globally
- High-quality renewable diesel: 1. globally
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- 1. in Finland
- 2. in the St Petersburg area, Russia
- 2. in Estonia
- 2. in Latvia
- 3. in Lithuania
- 7. in Poland
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