Nyco, a French independent and privately owned company, announced the expansion of its European operations with the commissioning of a new production unit for manufacturing chemicals used as additives to boost the performance of its synthetic lubricant product line.
The additives are antioxidants and coking inhibitors which will be used in combination with Nyco’s range of special high-temperature esters.
The new unit, which has the capacity to produce between 2 and 2.5 ton batches, is designed to be versatile in the type of chemical reactions that can be done. Investment in the unit was EUR 2.5 million (USD 2.72 million).
“This commitment is part of our strategy to build Nyco as a true partner of our demanding customers in the market of synthetic lubricants,” said Eric Piveteau, Nyco general manager. “We are not competing with the well-known additive manufacturers, but are bringing to the market unique performance additives that have shown a tremendous synergy with our ester basestocks and are not available from other manufacturers.”
Nyco’s plant in Tournai, Belgium, which was constructed in 1997 to manufacture a line of synthetic esters and fully formulated lubricants for the aviation, defense and industrial segments, has doubled its ester production capacity in 2011 to meet growing demand for synthetic lubricants.