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Nynas appoints Group Strategy and Sustainable Development VP

Nynas

Nynas has appointed Johan Andersson as vice president Group Strategy & Sustainable Development in Nynas. Johan Andersson leaves the position as CEO of the National Oil Industry Association in Sweden, Drivkraft Sverige, to take on the role. As the CEO he has since 2019 launched a roadmap for climate-neutral competitiveness for the industry, restructured the industry association and repositioned it as an organisation for innovative and sustainable mobility.

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Related news:

  1. Gert Wendroth appointed Nynas president
  2. Nynas appoints Bo Askvik as president and CEO
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  4. Nynas showing low rolling resistance oil benefits at Tire Technology
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Nynas appoints three new board members

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Nynas is now free from the US sanctions against VenezuelaNynas

Nynas has appointed three new board members following the resignations of Bernd Schmidt, Rami Farah, and Mohamed Idriss.

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  1. Thomas Williams joins Goodyear board
  2. Nynas appoints Bo Askvik as president and CEO
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Nynas changes hands again

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Nynas

After a turbulent few years, tyre industry supplier, Nynas AB has changed hands again signing a binding agreement with an investment vehicle managed by Davidson Kempner Capital Management LP for the acquisition of the entire equity stake (49.9%) in Nynas from Bitumina Industries Limited, making it the largest individual shareholder of Nynas.

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Tyre industry suppliers Nynas, Cabot and Evonik amongst top EcoVadis ratings

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EcoVadis

Upstream suppliers to the tyre manufacturing industry Nynas, Cabot and Evonik have received some of the top ratings in the 2021 EcoVadis auditing process. Specifically, these three firms all ranked in the top 1 per cent of their peers, earning platinum status. Meanwhile, carbon black supplier Birla Carbon received the EcoVadis’ gold accreditation.

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  1. Birla Carbon receives IATF certification across all factories
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Nynas appoints Bo Askvik as president and CEO

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Nynas

Oil refiner and tyre industry supplier Nynas AB has formally appointed Bo Askvik as president and CEO of Nynas on a continuing basis with immediate effect.

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  1. Goodyear appoints new EMEA president
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Nynas exits reorganisation

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Nynas

Nynas has exited company reorganisation after Swedish courts confirmed the process is now complete following a creditors meeting. The court’s decision is effective 21 December 2020. After this, Nynas will no longer be limited by reorganisation regulations.

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Bitumina becomes Nynas’ largest shareholder

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Nynas

Having exited US sanctions in May 2020, Nynas – which supplies oils to the tyre and rubber industries – has continued an eventful year by announcing significant ownership changes that put Bitumina in a commanding position amongst its shareholders.

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Nynas exits US sanctions

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Nynas is now free from the US sanctions against VenezuelaNynas

The US Treasury Department’s Office of Foreign Asset Control (OFAC) has confirmed that Nynas is no longer being blocked pursuant to the Venezuela Sanctions Regulations. As a result of a corporate restructuring of the ownership of Nynas AB, sanctions are lifted.

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Nynas showing low rolling resistance oil benefits at Tire Technology

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Nynas is attending Tire Technology Expo in Hannover, Germany, 25-27 February 2020 where the company is showing how tyres made with Nynas oils provide “low rolling resistance, reducing energy losses and fuel consumption, while maintaining wet grip for improved control on snow and ice.” Performance of naphthenic oil in winter tyres will also be examined in a presentation by Technical Advisor Dr. Kamyar Alavi, entitled “Get a grip: performance of naphthenic oil in winter tyres.”

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Nynas: Our oils contribute to safe & efficient winter tyres

Swedish company Nynas is presenting its naphthenic tyre oils at Tire Technology Expo next month, and aims to convince customers and producers that tyres made with Nynas oils “provide low rolling resistance, reducing energy losses and fuel consumption, while maintaining wet grip for improved control on snow and ice.”

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Nynas enters restructuring process

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Nynas AB (publ) filed for “company reorganisation” in Sweden at Södertörn’s District Court today (Monday 16 December 2019). According to a company statement, Nynas’s banks have refused to continue to extend loans to the company and therefore “Nynas cannot pay due debts forcing the company to apply for a reorganisation”.

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RISE and Environ embark on tyre-derived oil research project

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Research Institutes of Sweden (RISE), Nynas AB

The Research Institutes of Sweden (RISE) and Swedish oil company Nynas AB are launching a joint research project aimed at developing a process for refining the oil that is recovered from end-of-life tyres using Scandinavian Enviro Systems AB’s recycling method. Through refining, the oil can be used for more than fuel, which both increases the value of the recovered oil and reduces the environmental impact.

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Nynas “honoured” by Pirelli Supplier Award

Nynas representatives has said the company is “honoured” to have been named as one of nine suppliers selected from a global list of more than 10,000 to receive a Pirelli Supplier Award.

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Nynas considering India expansion

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Nynas global president and CEO Gert Wendroth said the specialty oil company is looking to expand its footprint by setting up depots and adding employees in India, during a recent visit to the country.

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Nynas exec to explain how Naphthenic tyre oils boost performance

Thorsten Lutze, global market manager for Tyre Oil at Nynas AB has announced that he will offer a presentation on the role and contribution of naphthenic oils in today’s global tyre market on 21 August 2014. The speech, which focuses on how naphthenic oils can help boost tyre performance, will take place at 11:40 am as part of the 8th Global Rubber and Tire Markets conference at the Meridien hotel in Jakarta, Indonesia.

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  2. RISE and Environ embark on tyre-derived oil research project
  3. Nynas showing low rolling resistance oil benefits at Tire Technology
  4. Nynas “honoured” by Pirelli Supplier Award
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