#Nynas

The company reports it experienced strong demand for its Naphthenic Specialty Products (NSP), particularly in transformer oils.

Nynas and Stena Recycling announced a partnership, combining Nynas’ refining technology and circular transformer fluid with Stena’s collection network and recycling services.

Nynas has received ISCC Plus certification for its bio-based products NYTRO® BIO 300X and NYTEX® BIO 6200.

Sweden, Stockholm: Nynas has announced the launch of a new circular transformer fluid based on the most powerful re-refining technology.

Sweden, Stockholm: Nynas has received the EcoVadis Gold Sustainability rating, placing the company in the top group of its category for sustainability.

Sweden, Stockholm: Nynas is now taking strategic steps to strengthen its competitiveness in core markets.

Sweden, Stockholm: Nynas AB president and CEO Bo Askvik has informed the board that he has decided to leave his position after 8 years in the company.

Croatia: Končar – Instrument Transformers has successfully completed a full range of tests on units filled with Nynas’ insulating liquid NYTRO® BIO 300X.

Sweden: Following the completion of the company reorganisation last year, Nynas has settled the payment in full to trade creditors with claims remaining.

Sweden, Stockholm: Nynas AB confirms that the transaction involving the sale of a 49.9% shareholding in Nynas is completed.

Sweden, Stockholm: Johan Andersson is appointed Vice President Group Strategy & Sustainable Development in Nynas.

A binding agreement has been signed by an investment vehicle managed by Davidson Kempner for the acquisition of the entire equity stake in Nynas from Bitumina Industries Limited.

Nynas has been awarded USDA certification for its renewable transformer fluid, NYTRO® BIO 300X.

Sweden, Gothenburg: Nynas’ new innovative insulating liquid NYTRO® BIO 300X has been successfully delivered to and tested in Gothenburg, Sweden.

Sweden, Gothenburg: Nynas is investing $22.30 M (SEK 190 M) to secure a reliable production at the Gothenburg refinery.

Stockholm, Sweden: Nynas has announced appointment of the new President and CEO

Nynas company reorganisation is now complete, following a creditors’ meeting where the previously submitted composition proposal was accepted.

Nynas recently completed a delivery of its new bio-based transformer fluid NYTRO® BIO 300X to Končar Distribution & Special Transformers in Croatia.

Sweden, Stockholm: Swedish oil specialist Nynas has announced completion of their reorganisation

Neste announced today that it has sold its entire shareholding in Nynas to Bitumina, a global bitumen company active in more than 100 countries.

On 15 June, Södertörn’s District Court approved an extension of Nynas AB’s company reorganisation for another three months, until September 15, 2020.

In case you have missed the live session at the Transformers Academy, watch this e-lesson in the Academy “on-demand” section at the official TA website.

OFAC announced on 12 May that Nynas is no longer being blocked pursuant to the Venezuela Sanctions Regulations.

Nynas’ new high-performance bio-based hydrocarbon insulating fluid is attracting enthusiastic interest.

The general license permits the trade with Nynas without breaching US sanctions; new extension allows time to finish the process to lift the sanctions on Nynas.

On March 20, Södertörn’s District Court approved an extension of Nynas company reorganisation for another three months, until June 15.

On March 13, Nynas AB has applied at Södertörn’s District Court for an extension of the company reorganisation for another three months.

Nynas, PDVSA and Neste Oil announced a plan to reorganize its business in an attempt to disentangle itself from U.S. sanctions imposed on Venezuela.