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Nynas sales of naphthenic specialty oils increased in Europe and in the Americas in the first quarter of 2016. Net income amounted to SEK 96 million (-110) while lower crude oil prices explained the net sales decrease to SEK 2,210 million (3,208). The takeover of the Harburg refinery was completed, with 157 employees joining Nynas.
"Good demand for naphthenic specialty oils and a slower start into the bitumen season marked the normal seasonally weak first quarter. With bitumen volumes in the first three months only representing around 10 percent of the yearly volume, the first quarter results provide only limited information regarding Nynas' underlying performance," commented Gert Wendroth, President and CEO of Nynas AB.
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Communications Director Nynas AB
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Head of Secondary Distribution since 2011, Rogier oversees and coordinates transport-related (when the product ends up on wheels) issues across the globe with suppliers, naphthenic affiliates and customers. He joined Nynas in 2005 as General Manager Naphthenics Benelux, after having worked for 20 years at a major French oil company. Rogier holds a Master’s degree in Business Management, and has also studied Mechanical Engineering. Find out what's on his mind.Read more about The brains of Nynas: Rogier van Hoof
The world’s third most widely used synthetic plastic polymer, polyvinyl chloride (PVC), is used in a large variety of construction materials as well as in many other applications such as bottles, packaging and inflatables. By using Nynas naphthenic oils as an external lubricant additive in PVC, the material’s performance is significantly improved.Read more about A versatile material