Dynea celebrates its ten year anniversary today. The company was formed in the autumn of 2000, following the merger of Neste Chemicals and the chemical activities of Dyno ASA. The new company was recognised as a globally leading supplier of adhesive and surfacing solutions for wood-related industries and for selected industrial applications.

In late 1999, Industri Kapital 1997 private equity fund acquired Neste Chemicals Oy, a Finnish based chemical company. Then, in 2000, the shares of the Norwegian company Dyno AS were acquired.

Neste Chemicals and Dyno came into the merger with long-term strategies which, to a great degree, complemented each other. This gave the newly formed company a good platform to continuously develop its strategy to be the leading supplier for the global wood related and other industrial adhesives markets.

“Through the merger of the chemicals activities of Dyno AS and Neste Chemicals Oy, we have today taken one step further towards the creation of a Nordic-based world-leading adhesive company,” Industri Kapital said in its press release at the time.

The company adopted the name Dynea in 2001.

In 2002, with the acquisition of Perstorp’s Chemitec resin business, Dynea further strengthened its position as a world-leader also in industrial resins for non-wood applications.

Just what you need

The company has developed in many ways, but Dynea’s way of working has not changed in the past ten years. The company still believes in creating value for its customers by working closely together with them to help improve their productivity and meet their changing needs. Dynea’s promise to its customers, Just what you need, underlines the company’s way of working.