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Perstorp launches world first portfolio of renewable polyols

December 08/2017

MOSCOW (MRC) -- Perstorp is announcing worlds first portfolio of renewable alternatives to the essential polyols Pentaerythritol (Penta), Trimethylolpropane (TMP), and Neopentyl glycol (Neo), as per the company's press release.

The product portfolio will be globally launched at China Coat. The launch is a response to the fast growing global need for more sustainable Coatings, Resins and Synthetic Lubricants to mention a few. This means that Perstorp is the only chemical company in the world to offer all three essential polyols Penta, TMP and Neo in both traditional and renewable forms.

Worlds first renewable Penta, known as Voxtar was launched in 2010. It can reduce carbon footprint by up to 80% compared to fossil alternatives. The addition of two new innovative products; Evyron (partly renewable TMP) and Neeture (partly renewable Neo) will give Perstorps customers a clear market advantage in creating pro-environmental low carbon footprint products.

Anna Berggren, Global Market Segment Manager for Resins at Perstorp commented: "The time is right to add two new renewable polyols. The market demand for bio-based material is rapidly increasing due to a strong focus on sustainable chemistry and renewable raw materials. We are committed to our environmental responsibility as well as to helping our customers in their sustainable development. We are dedicated to our pro-environment products, giving prioritized supply for pro-environmental partners at all times."

Perstorps commitment to sustainability runs deep in the company led by CEO, Jan Secher. "This launch is a great achievement and Im very proud of the engagement from our employees. Its clear that we are looking to make a difference. Sustainability is in the core of everything we do which also makes it a perfect strategic fit."

Perstorps new pro-environment portfolio is a great example of how they intend to work towards their 2030 ambition to become Finite Material Neutral. "It is a tough ambition but we have to do it. There is no plan B, because we only have one planet," Jan continues.

Currently Perstorp is devoting 80% of its R&D resources to finding new sustainable solutions and in addition, all Perstorp Swedish plants will switch to using only renewable electricity in 2018. "With the new pro-environment products we are launching at China Coat, we are reaffirming that we believe our molecules can change things for the better", Jan concludes.

The two new Pro-Environment Polyols - Evyron and Neeture - complete the portfolio of the three essential polyols in renewable options. The new portfolio is based on a certified mass balance concept. Mass balance is about mixing fossil and renewable in the same existing systems but keeping track of their quantities and allocating them to specific products. This ensures that the quality and performance of the molecules are exactly the same giving customers a real go-pro-environmental choice.

Perstorps Pro-Environment Polyols are all ISCC certified which among other things ensures a traceability of the bio-based raw material back to its country of origin. Anna Berggren highlights: "The bio-based material in our products is sustainably sourced and I am proud to say that Perstorp launches world's first portfolio of renewable polyols. And even better, they will also be the first to become ISCC certified."

Voxtar, Evyron & Neeture is the property of the Perstorp Group and can be subject to registration in many countries.

Sales of the Pro-Environment Polyols will start January 1st, 2018.

As MRC reported previously, in the first half of 2017, Synthomer plc acquired Perstorp Oxo Belgium AB from the Swedish Perstorp Holding AB for EUR 78 million. Perstorp Belgium is a niche additives business serving the decorative and industrial coatings industries. In 2016, the business generated earnings before interest and tax of EUR 8 million and had gross assets of EUR 21 million. The company operates from a single site in Ghent, Belgium, and has 41 employees, who will all be transferred with the business.

Perstorp is one of the world leaders in various sectors of the specialty chemicals market, it's pioneer in formalin chemistry, plastics and surface materials. Perstorp was founded in 1881 and is controlled by PAI partners,a major European private equity company. The company has around 1,500 employees in with 22 production plants in Europe, Asia and North America.
Author:Margaret Volkova
Tags:Bioplastiki, coatings, adhesives, packaging, Perstorp, Synthomer, Belgium.
Category:General News
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