Nynas Company Overview and Business Activities

Bird's Eye View of Asphalting Works in an Industrial Plant
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Nynas is a leading global supplier of naphthenic specialty products, with a rich history dating back to 1936. The company was founded by the Swedish government to develop the country's petroleum industry.

Nynas has a strong presence in the global market, with operations in Europe, North America, and Asia. The company's products are used in a wide range of applications, from industrial lubricants to food packaging.

Nynas has a long history of innovation, with a focus on developing new and sustainable products that meet the needs of its customers. The company's commitment to sustainability is reflected in its efforts to reduce its environmental impact.

Nynas is a privately-owned company, with a strong commitment to its employees and the communities in which it operates.

Company History

Nynas has a rich history that spans over nine decades. The company's journey began in 1928 with the construction of a refinery in Nynäshamn.

In the 1950s, Nynas expanded its operations by building a national network of petrol stations. This strategic move helped the company establish a strong presence in the Swedish market.

Credit: youtube.com, Nynas history

A significant milestone was reached in 1981 when the petrol stations were sold to Shell. This marked a shift in the company's focus towards refining and producing specialty oils.

Nynas continued to grow and evolve, acquiring UK company Briggs Oil in 1992. This acquisition brought new opportunities for the company to expand its product range.

In 2001, the refinery in Nynäshamn underwent a major modernization process. This upgrade enabled the company to increase its production capacity and improve efficiency.

Here's a brief timeline of Nynas' major milestones:

  • 1928: Refinery in Nynäshamn is built.
  • 1950s: Nynas builds up a national network of petrol stations.
  • 1981: Petrol stations are sold to Shell.
  • 1986: Nynas buys a refinery in Antwerp, Belgium.
  • 1992: UK company Briggs Oil is acquired.
  • 2001: Refinery in Nynäshamn undergoes an extensive modernisation process.
  • 2007: The Nova Grades product range is launched.
  • 2012: A new sulphur treatment plant is opened at the refinery in Nynäshamn.
  • 2019: Nynas introduces a bio-based high-performance transformer fluid.
  • 2022: New strategic guidelines are introduced with a focus on the European market.

Nynas' commitment to innovation and sustainability has led to the development of new products and technologies. The company's focus on the European market will likely drive its growth and expansion in the coming years.

Business Activities

Nynas' core business involves upgrading crude oil into special products in two main areas: naphthenic special oils and bitumen. They produce three types of naphthenic special oils, which are used in various applications.

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Credit: youtube.com, Nynas transformer oils are powering the future

The three types of naphthenic special oils are:

  • Transformatoroljor (transformator oils) used for isolating and cooling transformers.
  • Processoljor (process oils) used in various products such as industrial rubber, explosives, tires, printing inks, thermoplastics, and medical gloves.
  • Basoljor (base oils) used in the production of metalworking and hydraulic fluids, as well as other industrial lubricants.

Nynas also produces bitumen products, primarily used as a binding agent to hold together aggregate in asphalt.

Business Activities

Nynas' main business activity is refining crude oil into special products in two main areas: naphthenic special oils and bitumen. These special oils are used in various industries.

Nynas produces three types of naphthenic special oils: transformatoroljor, processoljor, and basoljor. Transformatoroljor are used to isolate and cool transformers, while processoljor are used in various products such as industrial rubber, explosives, tires, inks, plastics, and medical products. Basoljors are suitable for oil used in metal processing, hydraulic fluids, and other industrial lubricants.

In 2019, Nynas launched transformer and tire oils partially made from biobased raw materials, making them renewable and a step towards reducing dependence on fossil fuels.

Bitumen products are mainly used as a binder to hold together aggregate materials in asphalt. By adding polymers to bitumen, Nynas creates a more flexible and durable asphalt suitable for highways, ports, airports, and sound-absorbing surfaces.

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Credit: youtube.com, Three types of business activities

Nynas also produces water-based emulsions, which can be used in cold and semi-cold asphalt mixtures, reducing energy consumption and lowering greenhouse gas emissions. A smaller part of the bitumen production is used for industrial purposes, such as roofing and corrosion protection in pipes.

Here are the main types of naphthenic special oils produced by Nynas:

  • Transformatoroljor: used for transformer isolation and cooling
  • Processoljor: used in industrial rubber, explosives, tires, inks, plastics, and medical products
  • Basoljor: used in metal processing, hydraulic fluids, and other industrial lubricants

Nynas has its own laboratories for quality control and product development in several countries, including Belgium, the UK, and Sweden. The company has a global sales network with national sales offices and an international distribution network with central warehouses and local depots.

Flexible PVC Solutions

Nynas Process Oils provide flexible solutions for PVC, adding value when used as an external lubricant additive or secondary plasticiser in PVC manufacturing.

Naphthenic oils, like those in the NYTEX range, offer many technical advantages, whether it's a flexible or rigid PVC application.

With excellent solvency and a high flash point, Nynas oils introduce a variety of valuable benefits for manufacturers.

Incorporating Nynas oils into the formulation of both flexible and rigid PVC introduces valuable benefits for manufacturers.

Nynas oils are a synthetic plastic polymer used in a large variety of construction materials and everyday products.

Launches FDA-Compliant Metalworking & Lubricants

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Nynas has launched a new base oil, NYNAS S 3B, that meets FDA B requirements for the food packaging industry.

This product is highly refined and has virtually no aromatic content or odor. It also has a flash point well above 100°C.

NYNAS S 3B is unique in the market due to its high purification technology and hydrotreatment.

The base oil is distilled from selected crude streams with Nynas' unrivalled know-how.

Nynas listened to its customers to develop this product, which is suitable for metalworking and lubricants.

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Best Supplier Award Received

Nynas received the Pirelli Supplier Award 2019, which is a testament to their strong relationship with Pirelli.

The award recognizes companies that support Pirelli's aim to make their supply chain more sustainable, innovative, and qualitatively excellent.

Nynas was selected from a global list of over 10,000 suppliers, highlighting their exceptional service level and high quality.

Pirelli presents the Supplier Awards annually to acknowledge companies that have distinguished themselves in these areas.

Nynas is honored to receive the award, demonstrating the strength of their long-term relationship with Pirelli.

The award showcases Nynas' commitment to quality and capacity, which are essential for a company like Pirelli that demands the best from its suppliers.

Innovations and Launches

Credit: youtube.com, A visit to Nynas depot in Drammen

Nynas has been at the forefront of innovation in the industry, launching a range of products that cater to specific needs. NYNAS S 3B is a highly refined base oil that meets FDA B requirements, making it suitable for the food packaging industry.

The company has also introduced NYTRO BIO 300X, the world's first bio-based high-performance transformer fluid. This product offers exceptionally good cooling thanks to its ultra-low viscosity.

Nynas has developed a broad global product range that meets practically any regional requirements. The new Arctic grade transformer oil, NYTRO Polaris GXN, is an example of this, withstanding the toughest climate conditions.

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Arctic-Grade Transformer for Extreme Climates

Nynas has launched an Arctic grade transformer oil that can withstand extreme climate conditions.

It complies with one of the world's most advanced standards regulating the use of mineral oils in transformers.

The new oil, NYTRO Polaris GXN, is an example of Nynas' broad global product range that meets practically any regional requirements.

CWIEME is the most prominent global event for coil winding, electric motor, and transformer manufacturing technologies, and it's where suppliers of various materials, including insulation materials and copper, gather.

NYTRO Polaris GXN is a testament to Nynas' commitment to innovation and meeting the needs of diverse climates and regions.

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Nytex 846 – A New Process

A detailed aerial shot showcasing an outdoor industrial storage facility with metal materials and surrounded by trees.
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Nynas has launched a new high-performance grade of process oil specifically designed for the rubber and tyre industry. NYTEX 846 provides all the advantages of pure naphthenic oils.

The product offers high compatibility with polar and non-polar rubber, making it an excellent choice for formulating innovative end products. It also features ease of processing and excellent low-temperature properties.

NYTEX 846's low colour allows for its use in the formulation of end products within the full colour range. This is a significant advantage in the industry.

The new process oil is designed to meet the demands of the market, helping customers tackle challenges such as reducing rolling-resistance and boosting fuel economy. It's also a reliable supply option.

NYTEX 846 is a game-changer for the rubber and tyre industry, offering a range of benefits that can improve performance and efficiency.

Next-Gen Tyre Technology

Nynas is expanding its offerings to the grease and lubricant industry with the launch of NYNAS T 600, a highly refined naphthenic oil with a viscosity of approximately 600 cSt at 40 ⁰C.

Credit: youtube.com, 🎥 Catch the highlights of the DELMAX New Generation All-Season Tyres Launch Conference!

This new oil is suitable for a wide range of applications due to its high solvency and excellent low-temperature properties.

The company has been providing specialty naphthenic oils for over 40 years, making it a trusted name in the industry.

Nynas will be showcasing its environmentally adapted product range at the Tire Technology Expo, where visitors can learn more about its innovative solutions.

Dr. Gaia Franzolin, Nynas Global Marketing Manager Naphthenics, recommends NYNAS T 600 for all applications, highlighting its clear and bright appearance.

The Tire Technology Expo is a leading meeting place for the international tyre industry, with over 290 exhibitors and a major conference and workshop programme.

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Introduces World's First Bio-Based High-Performance Transformer Fluid

Nynas introduces the world's first bio-based high-performance transformer fluid, NYTRO BIO 300X. This innovative product is the result of years of research, offering a 100% renewable solution with superior performance.

NYTRO BIO 300X has an ultra-low viscosity, making it exceptionally good at cooling transformers. This is crucial for preventing overheating in transformer windings.

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Credit: youtube.com, Transformer Oil - What it does and what kind to get (Mineral vs FR3) | Maddox Transformer

The transformer industry has a new benchmark with this product, as it's the first of its kind on the market. No other product has its unique combination of performance and sustainability.

NYTRO BIO 300X is a true innovation, according to Koen Kempeneer, Global Market Manager Electrical Industry at Nynas. He's proud to offer a product that sets a new standard for the industry.

Events and Conferences

Nynas is a prominent player in the industry, regularly participating in major conferences and exhibitions. They have a strong presence at the ICIS 21th World Base Oils & Lubricants Conference, where Dr Valentina Serra-Holm will be speaking.

As Marketing and Technology Director at Nynas, Dr Serra-Holm brings a wealth of knowledge to the conference, covering marketing, research, and technical development. Nynas also sponsors the OilDoc Conference and Exhibition, one of the most important international meeting places in the fields of lubrication, maintenance, and condition monitoring.

Nynas meets the international coatings community at the European Coatings Show, where they highlight the benefits of mineral oils in coating applications and processes.

European Coatings Show 2017: International Community in Nuremberg

Credit: youtube.com, IMCD at European Coatings Show 2017

The European Coatings Show 2017 was a significant event that brought together the international coatings community in Nuremberg.

Nynas, a supplier of specialty oils, took part in the show, highlighting the benefits of mineral oils in various coating applications and processes.

Mineral oils offer numerous advantages, including acting as a plasticizing agent, a carrier of active ingredients, or being part of the active formulation.

Rapid technical developments in the manufacturing of paints, coatings, sealants, and adhesives have led to increased expectations of greater performance and efficiency.

Nynas holds a strong position in this product area, leveraging its expertise in specialty oils to meet these demands.

Benefits of Tech Con South East Asia 2017 Highlighted in Malaysia

Nynas was invited to participate in a panel discussion about the best oils for extending the useful life of transformers at TechCon South East Asia (SEA) 2017.

The conference took place in Kuala Lumpur, Malaysia, from April 11-12, and it's one of the most important industry events in the region.

Key audiences included utility and power grid companies from countries like Indonesia, Thailand, and Malaysia.

Nynas highlighted the benefits of naphthenic oils, which are a type of oil used in transformers.

The conference attracted almost 450 participants, including industry representatives and experts.

Employment and Operations

Credit: youtube.com, About Nynas

Nynas AB is a significant player in the industry, and understanding its employment and operations is essential. 519 people are employed at Nynas AB.

The company's presence is noticeable, with a substantial workforce dedicated to its operations.

Withdraws from North America

Nynas has decided to withdraw from North America, a significant change in their operations.

This decision means they will no longer be actively pursuing direct sales in the region.

Their focus will now be on their core market of Europe, where they will continue to operate and grow.

Nynas will supply into other selected markets, depending on local conditions, which may include North America in the future.

This shift in strategy will likely have a significant impact on their operations and the people involved.

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Employment人数 at Ab

At Nynas AB, 519 people are employed. This is a significant number, showing the company's commitment to its workforce.

Working at Nynas AB is a notable aspect of the company's operations.

NAICS Code for AB

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Nynas AB has a NAICS code of 4247. This code is used for their operations in the industry of petroleum and coal products manufacturing.

The company has multiple locations with different NAICS codes, including 42, 42472, 22, and 424.

Here are some of the locations with their corresponding NAICS codes:

  • Stockholm, SE - 4247, 42, 42472, 22, and 424
  • Paris, FR - 4247
  • Copenhagen, DK - 4247
  • United Kingdom - 4247

SIC Code for AB

The SIC code is an important tool for businesses and entrepreneurs to navigate various regulations and requirements. Nynas AB has a SIC code of 29, 49.

Having the right SIC code can help you identify your business's industry and make it easier to understand your obligations.

For instance, Nynas AB's SIC codes of 29 and 49 indicate that it operates in the manufacturing industry, specifically in the production of chemicals and petroleum products.

Ab Questions

Ab questions are a crucial part of the hiring process. They can make or break a candidate's chances of getting the job.

The article highlights that 80% of the time, job seekers are asked behavioral questions, which are designed to assess past experiences and behaviors. This is in contrast to traditional interview questions that focus on hypothetical scenarios.

Aerial view of railway tracks in Jönköping, Sweden with autumn foliage, showcasing industrial transportation.
Credit: pexels.com, Aerial view of railway tracks in Jönköping, Sweden with autumn foliage, showcasing industrial transportation.

Behavioral questions are meant to be answered using the STAR method, which stands for Situation, Task, Action, and Result. This helps candidates provide clear and concise answers.

According to the article, 9 out of 10 hiring managers use behavioral questions to evaluate candidates. This means that it's essential for job seekers to be prepared with examples from their past experiences.

In a recent study, it was found that 60% of candidates who failed to provide specific examples were not considered for the job. This emphasizes the importance of being prepared with concrete examples.

By practicing the STAR method and preparing examples from their past experiences, job seekers can increase their chances of acing the interview and getting the job.

Axson Johnson

Axel Ax:son Johnson was the founder of Sveriges första raffinaderi, which started operating in Nynäshamn in 1928. He was a pioneer in the Swedish oil industry.

Ax:son Johnson had a unique business idea, combining his interests in shipping and road construction to create a company that could supply diesel oil for his ships and asphalt for his road construction business. This led to the establishment of Nynäs Petroleum, now known as Nynas AB.

The company's first raffinaderi in Nynäshamn was built in 1928, and it marked the beginning of Nynas' journey in the oil industry.

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Frequently Asked Questions

Who owns Nynas?

Nynas is owned by Bitumina (50%), Nynässtiftelsen (35%), and PdVSA (15%). Learn more about the ownership structure and its implications.

Timothy Gutkowski-Stoltenberg

Senior Writer

Timothy Gutkowski-Stoltenberg is a seasoned writer with a passion for crafting engaging content. With a keen eye for detail and a knack for storytelling, he has established himself as a versatile and reliable voice in the industry. His writing portfolio showcases a breadth of expertise, with a particular focus on the freight market trends.

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