2022 / 2023 Edition
Nynas
News article
Core European markets in focus as company downsizes in Central and Western Europe
Bo Askvik to step down after eight years with the company; Stein Ivar Bye appointed as interim CEO
Company stops buying feedstock of Russian origin and halts sales to customers in Russia and Belarus
Nynas appoint Johan Andersson as vice-president group strategy and sustainable development
Plans for UK bitumen business will involve significant investment in Nynas’ own assets
Company announces appointment of Rafael Renaudeau as vice-president of Nynas Bitumen
Polymer-modified bitumen containing biogenic material set to reduce carbon footprint of roads
Davidson Kempner investment vehicle to acquire entire equity stake in Nynas from Bitumina Industries
Company invests in new furnaces for reliable production and reduced greenhouse gas emissions
Following two-year interim appointment, Bo Askvik to continue as president and chief executive officer
Company ready to take back lost market share; refineries now able to run with 100% non-Venezuelan feedstock
Neste sell entire shareholding in Nynas to Bitumina; important step in reorganization of Nynas
US Office of Foreign Asset Control lifts sanctions against Nynas following corporate restructuring
Important addition to company’s existing bitumen supply point network now fully operational
Bitumen specialist Carl Robertus takes over responsibility for technical developments