Dynea establishes wood adhesives company for Europe

Dynea North offers a wide portfolio of adhesives for the wood processing industries and has a broad chemistry basis, ranging from formaldehyde-based resins to PU, EPI, PVAc, and hot melts. The company has been formed from Dynea activities in Norway, Denmark, and Hungary and will in addition to its own sites, have toll production in Germany, Finland, the Netherlands, Austria, and Italy. Dynea North is headquartered in Lillestrøm, Norway, and has some 200 employees. In 2012 Dynea North sold approximately 210 kt of products. The company commenced stand-alone activities at the beginning of 2013.

Commenting on the creation of Dynea North, Dynea CEO Hans Petterson said: “With the creation of Dynea North, Dynea has successfully split its activities into the Prefere Resins Company, focused on speciality phenolic products, and Dynea North, focusing on speciality products for the wood working industry. This split is an important part of the total restructuring of the Dynea portfolio. As a separate company, Dynea North will be able to focus exclusively on serving customers in the wood processing industry”.

Tarje Braaten, Managing Director of Dynea North said: “The formation of Dynea North is an exciting opportunity to create a new company, focused on the wood adhesives business. The Dynea North management team will build on Dynea’s strong position in the market and develop this further through a more dedicated and focused approach to our customers.”