Nynas recently issued a $380million bond, representing a return to the capital markets. Its products are critical for the energy transition and lack credible substitutes, but its usage of crude oil as its main feedstock made it hard for investors to classify Nynas. Ahead of this bond issuance, Nynas commissioned a scientific study by HedgeRow Analysis, BPEI’s research partner, to independently compare the benefits of its products with alternatives available to its customers, from a net energy and carbon perspective. The study’s results were used to illustrate the resilience of the company’s business model from a sustainability perspective when engaging with longer term credit investors.
Speakers:
Jan-Pieter Oosterom is Group CFO of Nynas AB, a multi-billion dollar producer of specialty chemical products such as electrical transformer oils and bitumen.
Stephen Balogh, Ph.D., co-founder, HedgeRow and Managing Director, Research & Partnerships, BPEI is a data scientist, modeler, and environmental scientist with 15 years of experience in academia, government research, and the private sector.
Dr. David Murphy is an environmental scientist at St. Lawrence University who focuses on the intersection of energy, economics and the environment.