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Perstorp appoints Patrice Pinsard as new EVP Strategic Markets & Innovation

October 21/2021

MOSCOW (MRC) -- Perstorp announced that Patrice Pinsard has been appointed EVP strategic markets & innovation as of Oct. 18, 2021, where he will drive value creation and growth focusing on Perstorps portfolio of specialty chemicals, said Coatingsworld.

Pinsard is an experienced executive with a long track record in the chemicals industry. He has held senior positions in companies such as Rhodia and Cognis and, most recently as global EVP coatings, Industrial Solutions & Amines at Solvay.

"We are excited to have such an experienced professional as Patrice joining us at this stage in our transformation,said Jan Secher, Perstorp president & CEO. His appointment fits perfectly with our strategy of focusing more on selective segments and the specialty part of our portfolio. Patrice has proven more than once that he knows what it takes and with his strong result orientation and track record I am convinced this will be a win-win, for us and him."

In the first quarter of 2021, Perstorp redefined its business strategy to become a leading sustainable solutions provider, focusing on the global Resins & Coatings, Engineered Fluids and Animal Nutrition markets.

As per MRC, Perstorp plans to build a large-scale commercial carbon capture and utilization (CCU) unit at Stenungsund, Sweden, dubbed Project AIR, that will use a production concept the company has developed to produce sustainable methanol from a variety of recovered end-of-life streams and hydrogen from electrolysis.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,396,960 tonnes in January-July 2021, up by 7% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 841,990 tonnes in the first seven months of 2021, up by 29% year on year. Supply of propylene homopolymers (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of statistical copolymers of propylene (PP random copolymers) subsided.

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:Anna Larionova
Tags:petroleum products, PP, PE, neftegaz, petrochemistry, Perstorp.
Category:General News
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