Nynas news

14/05/2019 13:22

Securing supply

Nynas is continuously investing in its depots and hubs around the world. By further strengthening the depot network, we can meet our growth requirements while serving our customers with greater flexibility.

Over many years, Nynas has built up an extensive naphthenic global distribution network, a key component of which are its regional supply hubs.

Nynas’ European hub is LBC, Antwerp, and in recent years there have been significant investments made to the terminal to facilitate our growth, boost operational efficiency, and offer our customers the highest standards of safety and quality performance.

One such improvement was the ten newly constructed tanks (with a total capacity of 19,638 m3) taken into service by Nynas last year. The first five tanks were incorporated into our system in October, and the second five followed in December. Moreover, two dedicated loading stations and a rail weighbridge were also added.

“The tanks were designed to futher strengthen our customer offering; some are equipped with heating for optimal storage and loading of higher viscosity oils, and some are fitted with nitrogen and dry air sparging to ensure that, for example, transformer oils can be kept in prime condition before and during loading,” explains Kris Flanagan, Naphthenic Supply Chain.

Nynas also has a supply hub located at the Stolthaven terminal in Singapore. Nynas and Stolthaven recently decided to extend our partnership for an additional five years, enabling us to continue providing a premium service level to our customers.

“Our hub in Asia allows us to easily replenish our satellite depots in the region and deliver products direct to our customers, providing flexibility and security of supply,” concludes Kris Flanagan.

Further reading

Extension of Nynas reorganisation approved

Södertörn's District Court today approved an extension of Nynas company reorganisation for another three months, until June 15. The reorganisation process will now continue with a focus on actions for removal of US sanctions applicable to the company and to finalise the long-term funding.

Read more about Extension of Nynas reorganisation approved

Nynas business continuity - COVID-19

The WHO declared on March 11 that the global COVID-19 outbreak should now be classified as a pandemic, since it has spread to several countries around the world. At Nynas we take this situation very seriously and are doing our utmost to secure the business continuity and to limit the spread of the virus.

Read more about Nynas business continuity - COVID-19

Nynas applies for extended reorganisation

OFAC ready to initiate process for removal of sanctions applicable to Nynas.

Read more about Nynas applies for extended reorganisation