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Nynas has now completed the takeover of the former Shell refinery in Hamburg, Germany.
“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:
Communications Director Nynas AB
Tel: +46 (0)708 93 19 75
On 18 May 2017, Nynas AB announced that the company will issue additional senior unsecured bonds of SEK 450 000 000 within its existing bond loan (ISIN SE0005994167) within a total frame amount of SEK 1 100 000 000 with issue date on 26 May 2017 and a final maturity date in June 2018.Read more about Nynas publishes bond prospectus and applies for listing of its corporate bonds