News roundup: Nynas, Italmatch, Bitumina Group
Nynas shifts to new crude feedstock at Nynäshamn refinery
Nynas AB announced on LinkedIn that it has successfully shifted to a new feedstock at its Nynäshamn refinery. This has been necessary due to U.S. sanctions against the export of Venezuelan crude oil, which used to be a major feedstock for Nynas. Venezuelan state oil company PDVSA was a significant shareholder in Nynas before its reorganisation. PDVSA has reduced its ownership in Nynas from 50% to 15%. The 35% divested by PDVSA are now controlled by an independent Swedish foundation.
Nynas posted on its LinkedIn page a photo of one of the new crude oils arriving at the Nynäshamn refinery in late August from South America, in the largest tanker in 30 years to have entered Nynas’ own harbor.
Italmatch announces new biocides for Canadian, U.S. oil and gas markets
Italmatch announced that a new biocide is now available for the Canadian fracturing market. Bellacide® 355W from Italmatch, a winterized, innovative non-oxidizing biocide for oilfield water treatment, is now available and approved for the Canadian Completions and EOR market. The product is not available in Europe.
Additionally, the Bellacide® family of products has now been extended for the oil and gas industry in the United States. Bellacide 332, a field-ready, cost-effective biocide, and Bellacide 348, a field-ready, long-term active biocide, are currently only available for the U.S. market.
Bitumina Group closes acquisition of Brazil’s Stratura Asfaltos
Bitumina Group has successfully closed its acquisition of Stratura Asfaltos S.A. from Distribuidora Petrobras S.A. (BR). Stratura Asfaltos S.A. is the largest bitumen distribution and production company in Latin America and among the oldest.
The Stratura brand, which means “pavement” in Latin, was born in 2012. However, its experience goes back 50 years. In December 2011, the company changed its name from Ipiranga Asfaltos S/A to Stratura Asfaltos S/A. The former Ipiranga Asfaltos S/A was acquired in 2007 by Petróleo Brasileiro S/A or PETROBRAS for short, and in 2009, its controlling interest was transferred 100% to Petrobras Distribuidora S/A.Headquartered in São Paulo, Brazil, Stratura has six factories and six operational terminals, strategically located, from north to south of Brazil.