Neste Appoints President for Renewable Products in North America
Neste Corporation has appointed Elim Yeoh as President, Renewable Products, North America, and a member of the company's Leadership Team, effective July 24, 2026.
Espoo, Finland – Neste Oyj announced on July 24, 2026, the appointment of Elim Yeoh to lead its Renewable Products business in North America. Yeoh will also join Neste's Executive Leadership Team. This appointment reflects the company's ongoing focus on expanding its renewable products segment.
Earlier in July 2026, Neste released its half-year financial report, highlighting strong performance in an exceptional market environment. Earlier, on June 30, 2026, Neste disclosed plans for a significant investment of over EUR 400 million in a maintenance turnaround at its Porvoo refinery. This initiative is aimed at ensuring the long-term operational efficiency and competitiveness of the facility.
In June 2026, Neste also announced a collaboration with partners Goldwin, Idemitsu, and Toray to supply renewable nylon fiber for The North Face brand. The renewable material, Neste RE, is produced using traceable, renewable raw materials such as used cooking oil, aligning with sustainability goals.
May 2026 saw Neste engaging in financial activities, including the commencement of offers to purchase outstanding notes due 2028, 2029, and 2030, followed by the announcement of the final results for these tender offers.