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Neste sells its shares in Nynas to Bitumina Industries

Christian Fernsby |
Neste has sold its 49.99% shares in Nynas to Bitumina Industries on Tuesday 15 September 2020.


Nynas is a Swedish manufacturer and marketer of naphthenic specialty oils and bitumen products. Nynas has four refineries: Harburg in Germany, Nynäshamn and Gothenburg in Sweden and Eastham in the UK. Eastham is a joint venture with Shell.

The Bitumina Group is a vertically integrated specialty Bitumen company which has expanded its business on a global scale.

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