The Russian invasion of Ukraine and its tragic consequences throughout the region have prompted Nynas to reconsider its supplies from Russia and also sales to the country. Sales to customers in Russia and Belarus have been stopped until further notice. In addition, the company has decided to halt the purchase of feedstock of Russian origin. Nynas reports that it previously (to various degrees) had purchased feedstock with Russian origin from western non-Russian suppliers.
“We in Nynas, like everyone else, are hoping for an urgent end to the Russian invasion of Ukraine to stop the ongoing humanitarian catastrophe,” said Bo Askvik, president and CEO.
Nynas reports that it has alternatives to Russian feedstocks, and it will increase that part of its raw material supply. At the same time, the company is also evaluating new suppliers.
Visit www.nynas.com for more information.