Tag: Nynas

Nynas to focus on European markets

Chemical firm Nynas says it is now taking strategic steps to strengthen its competitiveness in core markets. It will create a business footprint focusing on customers in the naphthenics and bitumen market in Europe, and significantly improve efficiency to deliver a competitive customer experience. Furthermore,…

Nynas halts purchase of feedstock from Russia

The Russian invasion of Ukraine and its tragic consequences throughout the region have prompted chemical firm Nynas to reconsider its supplies from Russia and also sales to the country.  Sales to customers in Russia and Belarus were stopped last week until further…

Frozen debt paid in full, Nynas reorganisation closed

In accordance with the agreement following the completion of rubber speciality chemical firm Nynas company reorganisation last year, trade creditors with remaining composition claims have now been paid in full. Nynas has today settled the payment in full to trade creditors with…

Nynas applies for company reorganisation

Swedish naphthenic base oil manufacturer Nynas AB has filed for company reorganisation at Sweden’s  Södertörn District Court. The company says its loans have not been extended by banks and since it cannot pay due debts, it has to apply for…