Tyre Asia – May-June 2018

114 Tyre Asia April/May 2018

NYNAS EYES BIGGER

PRESENCE IN ASIA

By Sharad Matade

LIMeLIGhT

G

rowing tyre manufacturing

facilities to meet local

demand and tightening

regulations for safe and

eco-friendly tyres in Asia will drive

the growth of nynas in the region,

said Simon Day, Vice President,

naphthenics at nynas AB.

“Global markets are at different

stages today. european and

the US markets are focusing on

improving rolling resistance and

fuel efficiency, and have a fairly flat

growth, whereas the Asian market is

going through a phase, where new

regulations are being introduced

and the giant tyre companies are

expanding their presence to meet an

increased local demand. considering

the growing demand in the region,

nynas has expanded its presence

in Asia, mainly in china, India and

South east Asia, and will continue to

do so going forward” said Day in an

interview with Tyre Asia.

Today Asia is the largest market

for nynas’ global tyre oil business.

The Asian region contributes 40%

of the company’s total safe tyre

oil business. The company has

approximately 30 depots across the

globe for timely and cost-effective

delivery to its customers, and 10 are

located in Asia.

nynas has recently invested in

expanding the capacities and

capabilities of its refineries,

Simon Day