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Linde and Nynas conclude hydrogen on-site contract
The technology company The Linde Group has signed a long-term contract with Nynas AB, one of the world leaders in the naphthenic specialty oils (NSP) and the bitumen business, for the on-site supply of hydrogen at Nynas’ refinery in Hamburg, Germany. To this end, the Linde Engineering Division will build a state-of-the-art steam methane reformer plant with total investments accounting to around EUR 30 million.

date.png10 Feb 2014 08:11 | comments.png 0 Comments | tags.png europe germany linde nynas refinery [ More ]

European Commission approves acquisition of Shell's Harburg refinery assets by Nynas AB of Sweden
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of certain refinery assets of Shell Deutschland Oil GmbH located in Hamburg/Harburg (Germany) by Nynas AB of Sweden. The Commission’s in-depth investigation showed that a closure of the Harburg refinery assets is the most likely scenario in the absence of the proposed transaction. This would significantly reduce the production capacity in the European Economic Area (EEA) market for naphthenic base and process oils, which are used in a variety of products (e.g. industrial rubber, adhesives, fertilisers), and for transformer oils ('TFO'), which are used to insulate power transformers. The closure would lead to higher prices for European consumers.

date.png03 Sep 2013 19:53 | comments.png 0 Comments | tags.png europe germany nynas refinery shell [ More ]
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