PCG completes acquisition of Perstorp

Ambition to preserve and grow the value of Perstorp, focusing on its growth projects

12-Oct-2022 - Perstorp announced that it has been acquired by PETRONAS Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of PETRONAS Group, on 11 October 2022. In May this year, PCG signed a Securities Purchase Agreement with Financière Forêt S.à.r.l, a company under PAI ...

Perstorp to be acquired by PETRONAS

19-May-2022 - Perstorp Group said that it is to be acquired by PETRONAS Chemicals Group Berhad (PCG). PCG announced 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 ...

Perstorp announces sale of its BioProducts business

27-Nov-2018 - Perstorp announced the sale of Perstorp BioProducts, a leading producer of biodiesel and glycerine in Scandinavia, to a Swedish investor together with a member of the subsidiary’s management team. The terms of the transaction were not disclosed. The sale includes the production site in ...

Perstorp acquires polyol company Polialcoli Srl

11-Jul-2017 - Perstorp announces the agreement for the acquisition of Polialcoli Srl from Polioli SpA. The agreement includes the Neo, TMP and TMPDE as well as the associated Formate businesses located at the Vercelli site (Italy). Included in the transaction are also technology, know-how and equipment. The 74 ...

Perstorp inaugurates major new Oxo plant in Sweden

27-May-2015 - Perstorp officially opened a major extension to its capacity to produce PVC plasticizers and key chemical intermediates. The new state-of-the-art Oxo plant in Stenungsund, Sweden, began producing material soon after its start-up in January, and is now running at full regime and delivering high ...

Successful start-up of Perstorp’s new major Oxo investment in Sweden

09-Mar-2015 - Production of key raw materials for Perstorp’s general purpose PVC plasticizers, Valeraldehyde and 2-propylheptanol, and associated chemicals at a major extension to Perstorp’s main plant in Stenugsund, Sweden has begun on time. Prime material is being produced soon after start-up.Magnus Lannér, ...

Perstorp and PTT Global Chemical complete formation of strategic joint venture for products delivered to the polyurethane industry

05-Jun-2012 - Perstorp announced the transactional closing and set up of the joint venture with Thailand’s chemical producer PTT Global Chemical for the manufacturing and sales of products for the poly­urethane industry. PTT Global Chemical holds 51% and Perstorp 49% of the new joint venture, named VENCOREX TM ...

Ashland Inc. to sell PE business to Perstorp

10-Jan-2011 - Ashland Inc. announced that its subsidiary, Hercules Incorporated, has signed a definitive agreement to sell its pentaerythritol (PE) business to Perstorp Polyols Inc., a subsidiary of Perstorp Holding AB. The purchase price was not disclosed. The proposed asset purchase transaction includes ...

Perstorp doubles Di-Penta production in Bruchhausen with innovative engineering

10-May-2010 - Perstorp is working on all fronts to meet customer demand for Perstorp Di-Penta and the performance it offers in wide range of end products. The company has now nearly doubled the production of Di-Penta at its Bruchhausen site and is on track to reach nearly triple the total production capacity ...

Perstorp increases prices on aliphatic isocyanates

22-Mar-2010 - Effective as from April 1, 2010, or as existing contracts permit, Perstorp will increase the price for its HDI (Hexamethylene Di-isocyanate) and IPDI (Isophore Di-isocyanate) monomers and derivatives (Tolonate® and EasaquaTM). Price increases will be at 8% across the product range. Prices are ...