April 18th, 2022
Specialty chemicals company Perstorp is adding carboxylic acids capacity of around 70,000 tonnes per year during 2024. The investment will enable Perstorp to increase output significantly and strengthen its position as a 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.
Perstorp will build a new plant on the site of its existing carboxylic acid production operation in Stenungsund, Sweden. Like the original unit, it will be capable of producing acids from C3 to C9 chemistry. Both plants will be fully integrated into Perstorp’s Oxo production platform.
The decision to go ahead with the capacity expansion comes during a period of high growth for Perstorp, which has maintained a strong position in its key markets despite disruption caused by the COVID-19 pandemic. “The expansion fits with our strategy for growth and an increased emphasis on specialty products, and will reinforce our pioneering position in sustainable solutions for our key focus segments,” says Betty Lu, vice-president for Oxo chemicals at Perstorp.