Johnson Matthey, a UK-based sustainable technology company, has been selected by Perstorp AB to provide the methanol license and engineering services for its Project Air initiative in Sweden. The project aims to substitute all the fossil methanol used by Perstorp in Europe as raw material for chemical products with sustainable methanol. The plant is expected … Read more
Perstorp AB announced that it will be acquired by PETRONAS Chemicals Group Berhad (PCG, Kuala Lumpur, Malaysia). PCG signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB. The agreement was signed with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm. … Read more
Perstorp has acquired GEO’s Di-Methylolpropionic Acid (DMPA) business, further emphasizing its commitment as the sustainable specialty solution provider within the resins and coatings segment. This acquisition further accentuates the company’s strategic presence in Polyurethane and Alkyds dispersions – a vital step to becoming a specialty leader in various waterborne coating markets. The acquisition significantly bolsters … Read more
Evonik and Swedish manufacturer, Perstorp, expanded the sales and distribution of ProPhorce SR 130 to the Indian subcontinent: India, Nepal, Sri Lanka, Bangladesh and Pakistan to further strengthen the partnership. The move follows the announcement in May of Evonik’s exclusive distribution of the product in sub-Saharan Africa. The latest development will intensify the sales, marketing … Read more
Perstorp, a global leader in the specialty chemicals market, has unveiled plans to invest in the construc-tion of a new Pentaerythritol production facility in Gujarat, India. The world scale, green-field Gujarat plant will produce Pentaerythritol, including the renewable grades of Voxtar, providing up to a 60% reduced carbon footprint. Construction of the Gujarat plant started … Read more
Perstorp has obtained FCN 001967 (Food Contact Notification) from the US FDA for the use of Pevalen as a plasticiser in PVC polymers for use in repeated‐use food contact articles. Jenny Klevås, Product Manager, Perstorp, said: “The food contact notification will further strengthen the offer to the North American market which we believe will be … Read more