#Nynas

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.

With the introduction of NYTRO® BIO 300X, Nynas adds the first product in its new bio-based range, completing its portfolio of high-performance transformer fluids.

Sweden: Nynas has launched an Arctic grade transformer oil that withstands the toughest of climate conditions.

Over the next five years the insulating oil market will register a 6.2% CAGR in terms of revenue, the global market size will reach $3070 million by 2024.

Sweden, Stockholm: Ana Cura has been appointed Regional Director Nynas Americas and takes on the responsibility with a vast experience from the Chemical business.