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A Swedish court on June 15 approved an extension of Nynas AB’s company reorganization for another three months, until Sept. 15. One of the world’s largest suppliers of naphthenic base stocks, Nynas filed for reorganization in Swedish court on Dec. 13 last year and later filed an extension to the process shortly before it was originally set to end on March 13, which gave it until June 15 to complete the reorganization.

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