The durability of bitumen is the focus for a ground-breaking collaboration between Nynas and the French road construction specialist Colas. Rheological testing of age induced cracking takes centre stage
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As the price of electricity is rising in these uncertain times, reducing energy losses in transformers is more important than ever. Nynas’ bio-based insulating liquid NYTRO® BIO 300X promises to improve the performance of transformers, helping utilities to achieve sustainability targets.
The world is changing at a rapid pace, and Nynas is now taking strategic steps to strengthen its competitiveness in core markets. Nynas will create a business footprint focusing on customers in the naphthenics and bitumen market in Europe, and significantly improve efficiency to deliver a competitive customer experience.
"Nynas needs to focus its efforts on a number of topics of high importance for our customers and society in general. Efficiency and innovative leadership will play a crucial part in our success, and it can only be achieved by becoming a more focused company with the drive and agility to invest in what matters the most in our core markets,” says Rafael Renaudeau, Vice President Nynas Bitumen.
In line with the Nynas strategic choices, the Naphthenics business will refocus on a smaller profitable core business, and on developing its sustainable offering. The Naphthenics business will optimise its channel to market solutions with the objective of providing best value to its customers.
Nynas President and CEO Bo Askvik has informed the Board that he has decided to leave his position after 8 years in the company. The board has appointed Stein Ivar Bye as interim CEO.