Perstorp

21.02.2024 • News

Perstorp Opens New Penta Plant in India

Sweden-based specialty chemicals company Perstorp has built and commissioned a new ISCC Plus-certified plant in western India to meet the growing market demand for Penta chemicals.

17.03.2023 • News • Strategy

Chemicals M&A Review 2022 and Outlook 2023

2021 was historic for chemical M&As, it was a record-breaking year in terms of total value of deals. Therefore, it was expected that 2022 would only build upon this. However, the combination of high interest rates, supply chain bottlenecks and geopolitical instability saw both the number and value of deals take a significant hit throughout 2022.

09.03.2023 • News

Perstorp Selects Johnson Matthey for Methanol Project

Swedish chemical company Perstorp has selected Johnson Matthey to provide the license and engineering for its Product Air methanol plant at Stenungsund.

14.10.2022 • News

PCG Completes Acquisition of Perstorp

Petronas Chemicals Group Berhad (PCG) has completed its acquisition of all shares of Swedish chemical producer Perstorp for $1.54 billion, based on an enterprise value of €2.3 billion.

18.07.2022 • News

Perstorp “Green” Methanol Project Wins EU Aid

Project Air, a production facility for sustainable methanol in Stenungsund, Sweden, described by the project’s partners Perstorp, Fortum and Uniper as “unique,” has been selected as one of 17 large-scale “green tech” projects that will share more than €1.8 billion in aid from the EU Innovation Fund.

17.06.2022 • News

Perstorp Starts Switch to Sustainable Polyols

Swedish chemical producer Perstorp is making strides toward its sustainability goals following its mid-May announcement that it will be acquired by Malaysian petrochemicals giant Petronas Group (PCG) for €1.54 billion.

12.04.2022 • News

Perstorp to Raise Carboxylic Acid Output by 2024

Swedish specialty chemical producer Perstorp plans to lift capacity for carboxylic acid by around 70,000 t/y up to 2024, in what it said is a move to strengthen its position as a sustainable solutions provider.

31.01.2022 • News

Ib Jensen Appointed as CFO of Perstorp

Perstorp has appointed Ib Jensen as new CFO, effective Feb. 1, 2022. He takes over the CFO role from Ulf Berghult, who will leave Perstorp in April.

17.01.2022 • News

Perstorp Acquires GEO’s DPMA Business

Swedish speciality chemicals producer Perstorp has acquired GEO Specialty Chemicals’ Di-Methylolpropionic Acid (DMPA) business, a move the company said underscores its commitment to providing sustainable specialty solutions to the resins and coatings segment as well as enhancing its strategic presence in polyurethane and alkyds dispersions for waterborne coatings.

03.12.2020 • News

Perstorp Develops Sustainable Methanol Route

Sweden‘s Perstorp has developed a new route to produce renewable methanol from carbon waste streams and is in search of funding to try out the new production concept in a plant at Stenungsund. If Project AIR goes ahead, the company said it would be able to reduce greenhouse gas emissions by about 500,000 t/y, making progress toward becoming carbon neutral.

20.07.2020 • News

Perstorp Appoints Ulf Berghult as New CFO

Ulf Berghult has been appointed as Perstorp’s new CFO as of mid-February. He joins the group from Trelleborg, where he held the position as CFO since 2012.