The durability of bitumen is the focus for a ground-breaking collaboration between Nynas and the French road construction specialist Colas. Rheological testing of age induced cracking takes centre stage
Nynas AB confirms that the transaction involving the sale of a 49.9% shareholding in Nynas between Bitumina Industries Limited (in administration) and an investment vehicle managed by Davidson Kempner Capital Management LP together with its affiliates and affiliated investment vehicles (“Davidson Kempner”) has been completed.
Rafael Renaudeau is appointed Vice President Nynas Bitumen and member of the Nynas Group Executive Committee. He will lead a newly formed organisation to cover all bitumen market areas where Nynas is located. This is a step to further strengthen Nynas position as the true bitumen specialist.
Nynas is playing an important role in the transition to electric vehicles, as a supplier to the automotive industry and a producer of high-performance oils needed to power tomorrow’s electrical infrastructure.