Nynas news

19/06/2014 11:17

Investing wisely in roads

Road Asset Management offers a strategic, long-term approach to managing our transport infrastructure.

The road network plays a crucial role in the European economy, providing a channel for the movement of goods, resources and people. However, our roads are often taken for granted, and users do not realise the importance of long-term investment.

Lack of proper maintenance can lead to irreversible deterioration of the road network across Europe and the world. In response the European Road Federation (ERF) has put forward a manifesto for action entitled Keeping Europe Moving. The document draws on the concept of Road Asset Management – a strategic, long-term approach to maintaining and enhancing the road infrastructure

Under Road Asset Management, countries generate a clear picture of the current state of their network, establish its value and the costs of maintenance, and then set up precise funding scenarios for maintaining the roads.

The balance between funding for long-term maintenance and more immediate issues is always a difficult one to strike. Yet, figures from the ERF show that each euro spent on road maintenance is amply repaid by preventing the need for later repairs and reconstruction.

The challenge now is to communicate these benefits to decision makers and encourage them to take the whole lifecycle of a road into account when considering maintenance and improvement issues.

Read the full article ‘Turning knowledge into action’ in Performance Magazine Issue 1/2014

Further reading

A rising star at Nynas

Rena Soh has been nominated for the ICIS Rising Star - Asia Pacific Award, which celebrates the best up and coming talent in the base oils and lubricants industry.

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The brains of Nynas - Carolina Hurtado

Carolina manages PQ&TS, which is dedicated to monitoring and maintaining Nynas’ product quality throughout the production and handling chain to customers. Find out what's on her mind.

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Approved extension of Nynas reorganisation

Södertörn's District Court today approved an extension of Nynas AB’s company reorganisation for another three months, until December 15, 2020.

Read more about Approved extension of Nynas reorganisation