Nynas news

04/01/2016 10:00

Nynas takes over Harburg refinery

Ingress

“The addition of Harburg to the Nynas supply network is an important step forward in Nynas’ growth strategy,” says Gert Wendroth, President and CEO of Nynas AB.

The Nynas Harburg refinery will have a production capacity of specialty oils up to 330,000 tons. In addition it will offer a wide range of penetration bitumen for Nynas’ customers in Europe. A new bitumen truck loading facility planned to be operational by mid-2016 will be the final step in improving the refinery infrastructure. Currently the distillation unit in the northern part of the refinery is being converted and upgraded to start up again in spring 2016.

On September 2, 2013, the European Commission had approved the takeover of the facilities leading as a first step to the integration of the base oil plant with some 90 employees into Nynas in January 2014. With the completion of the acquisition another 157 employees transfer from Shell to Nynas.

For further information please contact:
Hans Östlin
Communications Director Nynas AB
Email: hans.ostlin@nynas.com
Tel: +46 (0)708 93 19 75

Further reading

NYNAS REPORTS FIRST QUARTER 2018

Nynas’ sales increased to SEK 2,644 million (2,570) as a result of higher oil prices compared to the first quarter of 2017. Sales volumes decreased by 15 per cent compared to the first quarter 2017 due to a late start of the bitumen season. EBITDA amounted to SEK 84 million (151).

Read more about NYNAS REPORTS FIRST QUARTER 2018

Nynas reports fourth quarter and full year results 2017

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Read more about Nynas reports fourth quarter and full year results 2017

Nynas reports third quarter 2017

Sales volumes increased with 10 per cent in the third quarter. The operating result (EBITDA) amounted to SEK 311 million (541), negatively impacted by a weaker USD and sourcing limitations primarily in the Americas.

Read more about Nynas reports third quarter 2017