Lindetorpsvägen 7, Stockholm, Sweden
+46-8-602 12 00
Nynas sales volumes increased for Bitumen and Naphthenics combined by 6 percent. Oil prices were 50 percent lower explaining Nynas’ net sales decrease to SEK 4,992 million (7,019) for the third quarter of 2015.
"Bitumen sales were strong in all countries and Naphthenics sales grew overall despite the slowdown of economic growth in Asia and volume losses in Brazil as well as in Russia and Ukraine for known reasons," commented Gert Wendroth, President and CEO of Nynas AB.
For further information please contact:
Communications Director Nynas AB
Tel: +46 (0)708 93 19 75
Nynas increased its sales volumes in the fourth quarter by 3 per cent compared to previous year. The operating result for the quarter (EBITDA) amounted to SEK 44 million (265) and for the full year to SEK 1009 million (1265). Net income for 2016 was positive with SEK 75 million (346). The key activity in 2016 was the takeover of Harburg Refinery North on January 1, with the distillation unit in operation since August.Read more about Nynas reports fourth quarter and full year results 2016
In the third quarter, sales volumes for naphthenic specialty oils and bitumen increased with 2 percent compared to last year. Net sales for the second quarter were SEK 3,813 million (4,992) as a consequence of primarily lower oil price levels and a weaker British pound.Read more about Nynas reports third quarter 2016
In the second quarter, sales volumes for naphthenic specialty oils and bitumen increased with 4 percent compared to last year. Net sales for the second quarter were SEK 3,318 million (4,907) as a consequence of primarily lower oil price levels and a weaker British pound. The majority of our activities focused on the Harburg refinery conversion project.Read more about Nynas reports second quarter 2016