Nynas news

03/07/2014 13:52

Nynas to increase supply capacity by 40%

Nynas took possession of a base oil plant and its associated production units from Shell Deutschland Oil at the Harburg refinery on 1 January 2014 in Hamburg, Germany. The takeover of the base oil plant was the first step towards establishing a new core site for Nynas, with annual production of specialty oils of up to 350,000 tonnes. This will represent a forty percent increase in Nynas's supply capability of naphthenic specialty oils.

One of the great benefits of the Harburg plant for customers is supply security. Nynas now has two refineries in Europe, which doubles supply reliability, and the refineries can back up for each other if needed. Increasing supply capability also opens up the potential to create new products that require solvency and high viscosity.

Additionally, the Harburg plant will develop into a stand-alone facility, focusing solely on refining base oils.

"The addition of Harburg to Nynas's supply system is an important step forward in Nynas' growth strategy," says Nilsson. "Production has been very smooth the first few months, and we have been able to place all the new volume in the market. With this new capacity we can reinforce our delivery performance and quickly meet the growing demand from our customers around the world."

After the conversion project, which is expected to take 24 months, Nynas will take over all the operations of the new stand-alone specialty oils refinery.

"Going forward we will also be able to develop our product portfolio with new products that are demanded by our customers," says Nilsson.

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