Nynas AB
| Industry | Oil |
|---|---|
| Founded | 1928 |
| Headquarters | , Sweden |
|
Key people
|
Gert Wendroth, CEO |
| Products |
Bitumen Naphthenic oils |
| Revenue | approx. SEK 20 billion (2013) |
|
Number of employees
|
860 (2013) |
| Website | http://www.nynas.com |
Nynas AB is a Swedish manufacturer of specialty naphthenic oils and bitumen products. Founded in 1928 as a national oil company with a traditional range of products, the company today also supplies specialist products and niche markets.
The company has sales offices in more than thirty countries and a global distribution network with sixty storage depots. Net revenue for 2013 was almost SEK 20 billion, of which the Swedish market accounts for around ten per cent. The number of employees at present is about 860.
Nynas is owned in equal parts by Finnish company Neste Oil and by State-owned Venezuelan oil company PDVSA.
Until the 1970s Nynas was a traditional oil company, manufacturing and selling a large number of products, from petrol and diesel to heating oil and lubricants. Following the oil crises (1973 and 1979), activity now focuses on naphthenic specialty products and bitumen products.
consist of three different kinds of products:
are available in various versions depending on which properties are required:
Nynas conducts extensive work on product development. This involves not least of all catalyst and hydrotreatment technology, which has resulted in, among other things, the launch of a new kind of transformer oil. Nynas also manufactures oils that comply with the new environmental requirements that come into force in 2010, when the European Union bans aromatic oils in car tyres.
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Wikipedia