To better serve current and future customers in the USA and Canada, Nynas announced last Friday it will extend its storage capacity and distribution network for naphthenic specialty oils with a depot in New Jersey, North East USA. Nynas already has a local presence in the North American market, with depots in Houston, Long Beach and Chester in the USA, as well as Montreal in Canada.

According to plans, deliveries from the depot will start in the late fourth quarter this year. “The first products to be introduced to this depot will be T 22, which can be used in areas such as the formulation of metalworking fluids, and the heavy naphthenic tyre oil Nytex 810, with expansion plans to include our heavier grades and transformer oil,” says Blair Krauter Sales Manager, Nynas Naphthenics USA & Canada.

This investment means that new customers will have access to Nynas’ existing products, while at the same time Nynas will have the opportunity to launch new products in the North American market. Furthermore, Nynas said there will be a general improvement in the service level and supply reliability for customers in North America.

“It also opens up the shipping channel for products we only produce in Europe to a storage location where products have the highest demand. As products will be supplied from Nynas’ European refineries, all products will be registered under REACH,” emphasises Edward Skelton, Head of Supply Chain Nynas Naphthenics Americas.

Nynas operates two lube base oil refineries, one, a 6,300 bpd capacity plant in Harburg, Germany and the other, a 7,600 bpd capacity plant in Nynashamn, Sweden.

Nynas AB, a Swedish manufacturer of specialty naphthenic oils and bitumen products, is owned in equal parts by Finnish company Neste Oil and by State-owned Venezuelan oil company PDVSA. Nynas has around 1,000 employees, production facilities in Europe and South America as well as offices in over 30 countries.