At Nynas, we transform raw materials into high-performance solutions that make everyday life work better, longer, and more sustainably. For nearly a century, we’ve refined heavy molecules into products essential to society – supporting reliable electricity, durable roads, efficient industry and many other critical applications.
Founded in 1928 as a traditional oil company, Nynas made a strategic shift in the 1980s by divesting its gasoline stations and fuels business, focusing instead on naphthenic specialty products and bitumen. Today, we are a leading European specialty chemicals company, renowned for innovative solutions and a commitment to sustainability.

“Nynas is uniquely positioned to contribute to the energy transition. Our strategy reflects our purpose to advance a more sustainable society, and our product development pipeline is fully aligned with this goal.”
Eric Gosse, President & CEO, Nynas AB
Learn more about Nynas history
Evolving with the times is part of our DNA, and our journey continues as we advance the transition to a sustainable society – not least through the development of a growing number of biobased and circular products.
We work to reduce our own footprint and support improvements across our value chains by providing highly effective, cost-efficient solutions. These enable our customers to achieve greater durability and circularity while reducing energy consumption and CO₂ emissions.
What We Do
Nynas is a leading European producer of bitumen and naphthenic specialty products. Our solutions are essential to modern life – lubricating, cooling, insulating, binding and protecting the products and infrastructure society depends on.
Our operations focus on five main segments:
Transformer oils – insulating and cooling liquids that ensure reliable, efficient power transmission and longer transformer life.
Process oils – key ingredients in industrial formulations such as adhesives, plastics, and rubber, enhancing flexibility, performance, and sustainability.
Tyre and rubber oils – performance oils that improve fuel efficiency, reduce rolling resistance, and lower CO₂ emissions.
Base oils – high-quality base oils for metalworking, hydraulic systems, and greases, designed for durability and lower environmental impact.
Bitumen – advanced binders for roads, bridges, runways, and roofs that deliver longer life, reduced carbon footprint, and full recyclability.
We make the most of every molecule – using resources efficiently and driving innovation in collaboration with our customers and partners. Together, we’re building a smarter, more sustainable future.