Naphthenic

U.S. Firm Takes Biggest Nynas Stake
Company employees walk through one of Nynas’ facilities. Nynas is one of the world’s largest suppliers of naphthenic base stocks. Photo courtesy of Nynas

U.S. Firm Takes Biggest Nynas Stake

Lube Report EMEA - July 27, 2021

A United States investment firm is the largest shareholder of Stockholm-based Nynas AB after acquiring a 49.9% stake in ...

Base Oils Output Rebounded in March

Base Oils Output Rebounded in March

Lube Report Americas - June 23, 2021

Base oil production in the United States rebounded in March but remained 9% lower than the average output for that month ...

Petrobras Extends Lubnor Sale Deadline

Petrobras Extends Lubnor Sale Deadline

Lube Report Americas - May 12, 2021

Petrobras on Tuesday extended until the end of July the negotiations completion deadline for the sale of a refinery with ...

United States Base Oils Bounce Back?

United States Base Oils Bounce Back?

Lubes'n'Greases - April 1, 2021

The COVID-19 pandemic wreaked havoc on the United States base oil market during 2020. It was, as industry veteran Steph ...

Additive

End of Nynas Restructuring Delayed One Month

Lube Report EMEA - December 29, 2020

Nynas AB announced yesterday that its reorganization is formally expected to be completed in January after resolving an ...

Nynas Emerging from Reorganization

Nynas Emerging from Reorganization

Lube Report EMEA - December 1, 2020

After final approval by a Swedish judge, Nynas AB is scheduled next month to officially exit from court-protected reorga ...

U.S. Hits Lowest Base Oil Production Since Great Recession

U.S. Hits Lowest Base Oil Production Since Great Recession

Lubes'n'Greases - November 2, 2020

Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what the ...

Nynas Proposes Debt Restructure

Nynas Proposes Debt Restructure

Lube Report EMEA - October 25, 2020

Nynas AB announced a proposal Monday to restructure its debts to lenders and to repay other creditors, a major step towa ...

Additive

U.S. Lifts Sanctions on Nynas

Lube Report EMEA - May 18, 2020

Nynas AB announced May 12 that Petroleos de Venezuela S.A. sold a 35 percent stake in the company and that the United St ...

Additive

Venezuelan Plan: Make Nynas Russian Unit

Lube Report EMEA - May 8, 2020

Officials in Venezuela’s embattled government have drafted a plan to restructure the country’s sacred national oil c ...

Additive

Spotlight Shifts to Synthetic and Naphthenic Base Oils

Lubes'n'Greases - June 24, 2019

Are the synthetic and naphthenic understudies to paraffinic base oils ready to steal the limelight?

U.S. Base Oil Output Hits 20-year High

U.S. Base Oil Output Hits 20-year High

Lube Report Americas - March 20, 2019

United States base oil producers made hay while the sun shined last year, taking advantage of a lack of disruptions to c ...