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Perstorp company logo
Corporation
INDUSTRIALS | Basic Materials / Specialty Chemicals
perstorp.com

Partners & Customers

10

About Perstorp

Perstorp provides specialty chemicals for a variety of industries and applications, including adhesives, coatings, feed and food, bioproducts, plastic materials, resins, synthetic lubricants, engineered fluids, and more. The company was founded in 1881 and is based in Malmo, Sweden. In May 2022, Perstorp was acquired by PETRONAS Chemicals Group.42B.

Headquarters Location

Neptunigatan 1

Malmo, 211 20,

Sweden

+46 435 380 00

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Latest Perstorp News

Perstorp Launches World’s First 100% Renewable-Based Polyols with Negative Carbon Footprint

Mar 29, 2023

Image courtesy of Perstorp. Specialty chemicals innovator Perstorp has launched new grades for two base polyols that are now available with 100% renewable, mass-balanced carbon content. When including the biogenic CO2 uptake1 from the renewable raw materials, the products will have a negative carbon footprint2 at the Perstorp gate. Based on a traceable mass-balance concept, Neeture™ N100 (neopentyl glycol) and Evyron™ T100 (trimethylolpropane) are designed to reduce the carbon footprint throughout the value chain and to support the sustainable sourcing of renewable and recycled raw materials. This marks an exciting milestone that enables future-proofing by phasing out virgin fossil raw materials for a wide range of applications in the market segments of resins, coatings, and synthetic lubricants. “As businesses and end-consumers wish to reduce their carbon footprint, the demand for chemical products based on sustainable raw materials increases continuously,” says Jenny Klevås, global marketing director at Perstorp. “Since nearly all manufactured goods rely on chemical products, we have the opportunity to make a great positive impact and it makes us proud to add two products to our portfolio that can help customers meet their CO2 targets and produce more sustainable products.” Neeture and Evyron, along with all Perstorp’s pro-environment products are certified according to the sustainability certification system ISCC PLUS (International Sustainability & Carbon Certification). ISCC PLUS provides companies, brand owners, and consumers the assurance that high sustainability requirements are met. The products, the mass balance, as well as the annually updated and audited product carbon footprint calculations are all ISCC PLUS certified. Perstorp applies a mass balance with physical and chemical traceability which means that no credit transfer is applied and that all the different raw materials needed to produce the products are used. To produce Neeture N100 and Evyron T100, ISCC-certified biogas, methanol and propylene based on either bio or bio-circular origin are used. Being ISCC PLUS certified means that all sustainable raw materials are ISCC PLUS or ISCC EU certified in all parts of the value chain all the way back to the point of origin. The pro-environment products provide customers with an identical quality and performance as the fossil alternatives, but with the added benefit of an improved environmental profile. Anna Berggren, Vice President Sustainability at Perstorp, adds: “Being able to offer two of our most popular pro-environment products, Neeture and Evyron, in 100% shifted grades brings us one step closer toward breaking fossil dependence and our ambition of becoming finite material neutral. We continuously develop our supply of renewable and recycled raw materials which enables us to find solutions that reduce environmental impact as well as meet the market’s demand.” Over the last years, Perstorp has significantly expanded its portfolio of pro-environment products to cover plasticizers, polyols, acids, alcohols, and aldehydes. All pro-environment products are produced based on a traceable mass-balance system, using sustainable raw materials, and carrying the ISCC PLUS certification. Pro-environment products enable not only Perstorp’s sustainable transformation, but the transformation of all companies that rely on these products. They are designed to reduce the carbon footprint throughout the value chain and to support the shift to renewable and recycled raw materials. 1 Biogenic CO2uptake is the CO2captured by the plant/biomass from the atmosphere, during the photosynthesis process, while growing. 2Negative product carbon footprint means there is a net removal of CO2  from cradle to Perstorp gate when including the biogenic CO2  uptake. The transformation of biomass into products therefore represents a net removal of CO2, via its storage in the final product.

Perstorp Acquisitions

3 Acquisitions

Perstorp acquired 3 companies. Their latest acquisition was GEO Specialty Chemicals - Di-Methylolpropionic Acid Business on January 26, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/26/2022

$99M

Acquired Unit

1

1/11/2022

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$99M

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10

7/13/2017

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$99M

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10

Date

1/26/2022

1/11/2022

7/13/2017

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired Unit

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Sources

1

10

10

Perstorp Partners & Customers

10 Partners and customers

Perstorp has 10 strategic partners and customers. Perstorp recently partnered with Devenish on February 2, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

2/21/2023

Partner

United Kingdom

Feed Organic Acids Market is Estimated to Surpass USD 1,145.93 Million by 2028 at a CAGR of 7.03% during 2022–2028; Rising Demand for Antibiotics-Free Animal Byproducts to Elevate Market Growth

This partnership between Perstorp and Devenish is an excellent example of how companies can collaborate to drive innovation and create a more sustainable future for the animal feed industry .

1

10/12/2021

Distributor

United Arab Emirates

1

6/24/2021

Partner

United States

Perstorp AB Extends Agreement with Knowde

SAN JOSE , CA -- Specialty chemicals provider Perstorp has signed a new , multi-year agreement to expand its storefront on Knowde , a leading marketplace for ingredients , polymers and chemistry .

1

1/8/2021

Supplier

Belgium

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10

6/10/2020

Distributor

Germany

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10

Date

2/21/2023

10/12/2021

6/24/2021

1/8/2021

6/10/2020

Type

Partner

Distributor

Partner

Supplier

Distributor

Business Partner

Country

United Kingdom

United Arab Emirates

United States

Belgium

Germany

News Snippet

Feed Organic Acids Market is Estimated to Surpass USD 1,145.93 Million by 2028 at a CAGR of 7.03% during 2022–2028; Rising Demand for Antibiotics-Free Animal Byproducts to Elevate Market Growth

This partnership between Perstorp and Devenish is an excellent example of how companies can collaborate to drive innovation and create a more sustainable future for the animal feed industry .

Perstorp AB Extends Agreement with Knowde

SAN JOSE , CA -- Specialty chemicals provider Perstorp has signed a new , multi-year agreement to expand its storefront on Knowde , a leading marketplace for ingredients , polymers and chemistry .

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Sources

1

1

1

10

10

Perstorp Team

8 Team Members

Perstorp has 8 team members, including current Chief Executive Officer, President, Martin Lundin.

Name

Work History

Title

Status

Martin Lundin

Chief Executive Officer, President

Current

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Name

Martin Lundin

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Work History

Title

Chief Executive Officer, President

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Status

Current

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