13 Jul 2022
Project Air: Unique Swedish green chemistry investment wins support from EU Innovation Fund
The European Union Innovation Fund has selected Project Air, a unique production facility for sustainable methanol in Stenungsund, Sweden, as one of 17 large-scale green tech projects to be granted more than EUR 1.8 billion. Project Air, which is a collaboration between Perstorp, Fortum and Uniper, has applied for EUR 97 million and the total investment is expected to amount to more than EUR 230 million.
14 Jun 2022
Perstorp introduces the world’s first 2-Ethylhexanol partly based on renewables
Leading specialty chemicals innovator Perstorp introduces 2-Ethylhexanol based on 25% renewable raw material according to a traceable mass balance concept. 2-EH Pro 25 is designed to reduce the carbon footprint throughout the value chain where it is used to support sustainable sourcing of renewable and recycled raw materials. It is the latest addition to Perstorp’s rapidly expanding ISCC PLUS-certified portfolio of Pro-Environment products.
9 Jun 2022
Perstorp makes major increase in production of Pro-Environment Polyols
Sustainable solutions provider and global leader within polyols Perstorp is taking a stand by converting a large majority of the polyols produced at their largest production plant in Perstorp, Sweden, to Pro-Environment products. By doing this, Perstorp will enable reduced greenhouse gas emissions for its polyol customers and downstream value chains.
17 May 2022
Sustainable Specialty Chemicals provider Perstorp Group to be acquired by PETRONAS Chemicals Group
Perstorp Group, a leading sustainability-driven global specialty chemicals company, today said that it is to be acquired by PETRONAS Chemicals Group Berhad (PCG). PCG announced today that it has 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.
7 Apr 2022
Perstorp to double carboxylic acid production capacity as demand continues to rise across markets
Leading specialty chemicals company Perstorp plans to have extra capacity of around 70,000 tonnes/yr. for production of carboxylic acids onstream during 2024. The investment will enable Perstorp to increase output significantly and strengthen its position as the sustainable solutions provider. Increased capacity will meet growing demand in various high-value applications, including non-phthalate plasticizers for PVC, engineered fluids for applications such as refrigeration lubricants, and various propionates used in food preservation and carboxylic acids for use in animal feed gut health and preservation products. Most of the output will be used in downstream production operated by Perstorp itself.
22 Mar 2022
Perstorp welcomes Valentina Serra Holm as Vice President Engineered Fluids
Perstorp has appointed Valentina Serra Holm as Vice President Engineered Fluids, where she will strengthen the group’s focus on key market segments with her experience and expertise from the industry.
7 Mar 2022
Perstorp strengthens the portfolio with Isononanoic Acid
Specialty chemicals innovator Perstorp expands its value proposition for it´s selected segments Engineered Fluids and Resins & Coatings with the addition of Isononanoic Acid to the portfolio.
3 Mar 2022
Perstorp and Project Air renew EU application for major green chemistry investment
Sweden’s leading chemistry group Perstorp, and partner companies Fortum and Uniper, today submitted an EUR 97 million application to the EU Innovation Fund for Project Air. This unique project aims to build a production facility for sustainable methanol in Stenungssund, Sweden, which could reduce global CO2 emissions by 400,000 tonnes, equivalent to approximately 1% of Sweden’s territorial emissions.
10 Feb 2022
Perstorp has set Science Based Targets in line with Paris Agreement
Perstorp Group greenhouse gas emissions reduction targets have been approved by the Science Based Targets initiative, meaning they are consistent with levels required to meet the goals of the 2015 Paris Agreement. The targets covering greenhouse gas emissions from Perstorp’s operations (Scopes 1 and 2*) are consistent with reductions required to keep warming to 1.5°C, the most ambitious goal of the Paris Agreement.
31 Jan 2022
Perstorp recruits Ib Jensen as new CFO
Ib Jensen has been appointed new CFO at Perstorp Holding AB as of February 1. Ib is a senior executive with a solid background, and most recently he comes from the position as CFO at Arxada, a carve-out of Lonza Specialty Ingredients.
11 Jan 2022
Perstorp further strengthens its specialty position within resins and coatings through acquisition of Di-Methylolpropionic Acid business from GEO
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.
21 Dec 2021
Perstorp increases TMP production capacity
Perstorp, the world leader in the production of Trimethylolpropane (TMP), has ramped up the capacity to meet growing demand from the European market.
