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Nynas
Nynas AB is a Swedish manufacturer of specialty naphthenic oils and bitumen products.〔(Advantage Environment: Oil from Sweden is better for the environment, 2009 )〕〔(Lube Report: Nynas Beefs Up as Citgo Bows Out of Pale Oils, 2006 )〕 Founded in 1928 as a national oil company with a traditional range of products, the company today also supplies specialist products and niche markets.〔(Nationalencyklopedin: AB Nynäs Petroleum, 2009 )〕 The company has sales offices in more than thirty countries and a global distribution network with sixty storage depots. Net revenue for 2013 was almost SEK 20 billion, of which the Swedish market accounts for around ten per cent. The number of employees at present is about 860.〔''Nynas Annual report 2013'', page 1, 2013.〕 Nynas is owned in equal parts by Finnish company Neste Oil and by State-owned Venezuelan oil company PDVSA.〔(Nationalencyklopedin: AB Nynäs Petroleum, 2009 )〕〔(Advantage Environment: Oil from Sweden is better for the environment, 2009 )〕〔(''Lube Report: Nynas Beefs Up as Citgo Bows Out of Pale Oils'', 2006 )〕 ==Business activities==
Until the 1970s Nynas was a traditional oil company, manufacturing and selling a large number of products, from petrol and diesel to heating oil and lubricants. Following the oil crises (1973 and 1979), activity now focuses on naphthenic specialty products and bitumen products.〔Hedengren, Uriel: ''75 years old – looking back'', page 40-63. AB Nynäs Petroleum, 2003.〕
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