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Nynas reports improved profitability and further balance sheet strengthening in Q1 2026

Nynas AB (publ), the specialty chemicals company serving electrification and essential infrastructure, delivered improved profitability in the first quarter of 2026, driven by strong demand and robust product unit margins. The quarter was also characterised by continued balance sheet strengthening.Financial highlights – Q1 2026 (Q1 2025 comparative figures in brackets) · Net sales: 286 kton (296 kton) · Adjusted EBITDA: 259 MSEK (179 MSEK) · Operating cash flow: -257 MSEK (-730 MSEK) · Net debt / Adjusted EBITDA: 2.9x (4.7x) Nynas further strengthened its financial

Nynas AB (publ) publishes Annual & Sustainability Report for 2025

Improved profitability and strengthened balance sheetNynas delivered improved profitability and strengthened financial resilience in 2025, supported by disciplined execution, high operational reliability and solid demand across its core businesses. Adjusted EBITDA increased to 1,401 MSEK, compared with 1,333 MSEK in 2024, while operating cash flow amounted to 995 MSEK, providing a strong foundation for continued balance sheet improvement in a challenging macroeconomic environment. “2025 was an important year for Nynas. We improved profitability, generated strong cash flow and

Nordic field data shows modified asphalt binders significantly extend pavement life

A new Nynas technical review based on more than 30 years of Nordic field data shows that pavements using polymer-modified bitumen consistently achieve longer service life and improved durability.The recently published report from Nynas, Field Performance of Polymer Modified Bitumen – Technical Industry Review, brings together three decades of field data and results from a wide range of studies, bridge applications and statistical analyses carried out across the Nordic region.  The review shows that using polymer-modified bitumen (PMB) – a type of asphalt binder enhanced with polymers to

Hitachi Energy deploys Nynas circular Transformer oil

The pioneering use of NYTRO® RR 900X, a fully circular 100% re-refined transformer oil, in a critical power transformer at Hitachi Energy’s power transformers factory in Cordoba, Spain, demonstrates its technical equivalence to virgin oils and highlights its potential for reducing the carbon footprint of transformers.The first retro fill with NYTRO RR 900X was just performed on a critical 117 MVA shell-type test transformer at Hitachi Energy’s Córdoba factory, a special unit used for precise voltage regulation in a high voltage testing laboratory. Electrical and thermal tests have just been

Nynas reports strong Q4 earnings growth and improved financial position

Nynas, the specialty chemicals company serving electrification and essential infrastructure, reports a strong end to 2025 with improved profitability and cash flow in the fourth quarter.Adjusted EBITDA increased by 53% year on year to 312 MSEK, driven by higher product margins across both Naphthenic Specialty Products (NSP) and Bitumen. Operating cash flow rose to 1,279 MSEK, supported by reduced working capital, while net debt was reduced by 1,076 MSEK, lowering the net debt to Adjusted EBITDA ratio to 2.8x. Full year Adjusted EBITDA for 2025 was 1,401 MSEK (145 MUSD) versus 1,333 MSEK (

Nynas announces stable results for the third quarter of 2025

Nynas AB (publ), a leading global supplier of specialty chemicals, today announced its financial results for the third quarter of 2025. The company reported stable performance, continuing its progress in sustainability and operational efficiency.During the quarter, sales volumes of Naphthenic Specialty Products (NSP) increased by 5% and unit margins rose by 12% in USD terms compared to Q3 2024, driven by strong pricing and robust demand in core markets. In the Bitumen segment, while sales volumes decreased by 3%, unit margins improved by 7%, supported by a resilient Scandinavian market

Nynas climbs to platinum in EcoVadis sustainability rating

Nynas AB (publ)  has been awarded the EcoVadis Platinum medal, placing the company among the top 1% of organisations assessed worldwide – the highest recognition for sustainability performance.Achieving platinum status reflects Nynas’ continuous commitment to responsible business practices and transparent progress in sustainability. EcoVadis, a leading provider of business sustainability ratings, evaluates companies across four key areas: · Environment · Ethics · Labour and Human Rights · Sustainable Procurement “Moving to platinum is exactly the path we want to take.

Nynas AB (publ) reports strong Q2 2025 performance

Nynas AB, a leading global supplier of specialty chemicals, today announced its financial results for the second quarter of 2025. The company reported growth in volumes and margins, driven by strong performance in both the Naphthenic Specialty Products (NSP) and Bitumen segments.Nynas AB has continued to build on its strong market position, achieving notable growth in the second quarter of 2025. The company's strategic initiatives and operational improvements have resulted in increased sales volumes, improved margins, and a stronger financial position. NSP volumes increased by 4% year-

Nynas Transformer fluids are reducing the CO₂ emissions – the efficient and sustainable choice

Boosting efficiency, Nynas transformer fluids allow operators to save energy and reduce CO₂ emissions. Nynas’ super grade transformer fluid NYTRO® 10XN came out on top in a recent independent sustainability study.By using NYTRO® 10 XN instead of an average mineral or isoparaffinic oil in just one transformer, operators will be able to make lifetime energy savings of about 1.5 TJ. The savings were even bigger when the comparison was made with natural ester oil, equivalent to up to 9 TJ, the investigators concluded.  “This shows how Nynas is clearly advancing the transition towards a more

Nynas lead on sustainability – independent study rates Nynas products high

A new independent study reveals that Nynas’ products are more efficient and more sustainable than many rivals. Compared with alternative products, Nynas products can save both energy and reduce greenhouse gas emissions.With a strong focus on innovation and product sustainability, and keen to understand the role the company’s products can play over their lifecycle,Nynas commissioned a team of independent researchers, Future Earth Analytics, LLC, to compare products within four different application areas – transformer oils, lubricating greases, tyres, and bitumen binders. The researchers

Saving when paving – with Nynas bitumen

Championing more sustainable road building and maintenance, Nynas has an extensive, locally based production and distribution system for bitumen. This enables Nynas to save energy and greenhouse gas emissions when delivering bitumen to 80 percent of cities and towns in Scandinavia, Finland, and the United Kingdom. Proximity to customers and an effective distribution chain are the keys to this sustainability success.Bitumen is one of four business segments highlighted in a new study of the environmental impact of Nynas’ products compared with those of its rivals. Commissioned by Nynas but

Nynas AB (publ) announces successful issuance of senior secured bond

Nynas AB (publ) has successfully issued a new senior secured bond in the amount of USD 380 million. The bond has a tenor of three years and carries a fixed interest rate.The bond issue was oversubscribed, reflecting strong interest from a broad base of Nordic and international institutional investors, reflecting Nynas’ position as a leading European specialty chemicals company, advancing the transition to a sustainable society. The net proceeds from the bond issue will be used to refinance existing debt and support general corporate purposes. The issuance follows a series of fixed income

Robust operational performance delivering strong cash flow and clear strategy to drive value

In 2024, Nynas delivered a solid operational and financial performance enabled by a clear strategy to focus on its core strengths as a market-leader in high growth niche segments. The performance underscores the relevance of its long-term strategy centred around its longstanding customer base and the energy transition.“We are delighted with the progress made during 2024, evidencing our right-sized cost base and a more targeted commercial and manufacturing footprint. We have redefined our strategic direction, positioning Nynas as a specialty chemicals company which is enabling the energy

Instant reduction in carbon footprint

By simply replacing a product used today with an alternative from the Nynas EVO-line, customers can instantly reduce the carbon footprint for their product offerings. The EVO line provides drop-in replacements with a lower carbon footprint whilst maintaining the same high performance as products in Nynas existing portfolio, eliminating the need for reformulation.For more than two decades, Nynas has re-engineered both products and processes to reduce greenhouse gas emissions. For many of the EVO line specialty products, a 25% lower carbon footprint has been achieved with an evolution of our

Nynas circular transformer oil achieves certification

Offering a fully circular transformer oil significantly enhances resource efficiency in the electrical industry. The solution provided by Nynas in collaboration with Stena has now been awarded a quality mark in the form of ISCC Plus certification.Since 2023, Stena Recycling has supplied Nynas with used oil from transformers. Stena collects discarded transformer oil via a European network, pre-treats it, and then delivers it to Nynas, where the oil is used as a raw material for the production of re-refined transformer oil. This circular solution has now also earned ISCC Plus certification.

Nynas – strong performance in 2023

In 2023, Nynas returned to profitability, driven by the strong performance of its core operations.“We have proven that Nynas is a sustainable business, built on unique products, infrastructure, and market position, and achieved a strong performance both commercially and financially in 2023”, says Nynas CEO Eric Gosse.With a smaller footprint than in the past, Nynas posted a positive operating result of SEK 566 million in 2023, significantly increasing its adjusted EBITDA to SEK 829 million (2022: 596) and recovering equity. Net income in 2023 was SEK 592 million. Strong market demand

Nynas Process Oils provide flexible solutions for PVC

Naphthenic oils add value when used as an external lubricant additive or secondary plasticiser in the manufacturing of polyvinyl chloride (PVC), and the NYTEX® range offers many technical advantages, whether it’s a flexible or rigid PVC application.A synthetic plastic polymer used in a large variety of construction materials in addition to many other everyday products and applications, PVC can be both flexible and rigid. Incorporating Nynas oils to the formulation of both types introduces a variety of valuable benefits for manufacturers. With excellent solvency and a high flash point,

Nynas introduces the world’s first bio-based high-performance transformer fluid

With the introduction of NYTRO® BIO 300X, Nynas adds the first product in its new bio-based range, completing its portfolio of high-performance transformer fluids.“NYTRO BIO 300X is the result of years of intensive research. We are now able to offer a 100% renewable product with superior performance. No other product in the market has this today. It is a true innovation,” says Koen Kempeneer, Global Market Manager Electrical Industry at Nynas. A key advantage of this new fluid is that it offers exceptionally good cooling thanks to its ultra-low viscosity. The transformer’s winding hot

Nynas receives best supplier award

The tyre producer Pirelli names Nynas as one of nine suppliers selected from a global list of more than 10,000, to be recognised for its high quality and exceptional service level.“Nynas is honoured to receive the Pirelli Supplier Award 2019, which demonstrates the strength of the long-term relationship between the two companies,” says Simon Day. The Pirelli Supplier Awards are presented annually to acknowledge companies that have distinguished themselves by supporting Pirelli’s aim to make their supply chain more sustainable, innovative and qualitatively excellent. Quality, capacity

Nynas receives best supplier award

The tyre producer Pirelli names Nynas as one of nine suppliers selected from a global list of more than 10,000, to be recognised for its high quality and exceptional service level.“Nynas is honoured to receive the Pirelli Supplier Award 2019, which demonstrates the strength of the long-term relationship between the two companies,” says Simon Day. The Pirelli Supplier Awards are presented annually to acknowledge companies that have distinguished themselves by supporting Pirelli’s aim to make their supply chain more sustainable, innovative and qualitatively excellent.Quality, capacity

Process oil designed to perform in silicone sealant formulations

Nynas has launched NYFLEX® 2120B, a hydrotreated, very low viscosity naphthenic oil, which is a reliable and cost-efficient alternative to traditional silicone fluids.The FEICA European Adhesive and Sealant Conference & EXPO is a key event in the adhesive and sealant industry. Attracting influencers and decision makers from around the globe, delegates discuss the latest market drivers and trends, network with colleagues and customers, and look to the future with a focus on important topics such as developments in sustainability and technological advancements. Nynas, a sponsor of this

Nynas launches process oil for low temperature ink production and silicone fluid replacement

By introducing NYFLEX® 2120B, a hydrotreated, very low viscosity naphthenic oil, Nynas is providing a process oil ideal for use as a printing ink distillate in heatset formulations, as well as a reliable and cost-efficient alternative to traditional silicone fluids.NYFLEX® 2120B is a hydrocarbon fluid characterised by its solvent power and excellent fluidity. Its unique naphthenic characteristics, allied with high purity, make NYFLEX® 2120B compatible with a wide range of resins used in heatset printing inks (such as C5 and C9 resins, as well as rosin resins). Offering the added advantage

Nynas launches metalworking and lubricants base oil compliant with FDA regulations

Pure and crystal clear, NYNAS® S 3B is the latest base oil that Nynas is adding to its portfolio. Distilled from selected crude streams with unrivalled know-how of high purification technology and hydrotreatment, the product is unique in the market.“NYNAS® S 3B is a highly refined base oils that meets FDA B requirements, which defines the requirements of the food packaging industry, with virtually no aromatic content and no odour and with a flash point well above 100°C,” says Dr. Gaia Franzolin, Nynas Global Marketing Manager Naphthenics. With NYNAS S 3B, Nynas has listened to its

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