APN News

  • Saturday, May, 2024| Today's Market | Current Time: 08:55:19
  •  Malmö  – Sweden-based specialty chemicals innovator Perstorp has built and commissioned a state-of-the-art, ISCC Plus certified, plant in western India to meet growing market demand for Penta chemicals. Located in Sayakha, Bharuch, in the state of Gujarat, the facility is officially inaugurated on Feb. 20.

    “This is the largest investment in Asia so far, in Perstorp’s history. It will further strengthen Perstorp’s position as a sustainable and reliable partner in the region of Asia,” noted Gorm Jensen, Perstorp’s Executive Vice President Commercial & Innovation. “This plant will increase the availability and reliability of products for current, as well as new customers, reducing lead times with about 50% for Asian customers. It is strategically located close to ports, rails and roadways. This will help to ensure that Perstorp can supply products effectively throughout India and across all of Asia. At the same time, the plant is well positioned to also export products globally.”

    In Sayakha Perstorp will produce a Penta product mix including Perstorp’s renewable based, ISCC PLUS-certified grade, Voxtar™, as well as offering Penta Mono and Calcium Formate. The plant will use renewably sourced raw materials as well as a hybrid source of electricity. Voxtar is a renewable based counterpart to Penta. Based on a traceable mass balance concept, Voxtar is designed to reduce the carbon footprint throughout the value chain and to support sourcing of renewable and recycled raw materials. As Voxtar is chemically identical to Penta, it provides customers with the same quality and performance as their fossil counterpart.

    Perstorp already produces Penta in Sweden, Germany and the United States, but this investment will represent a significant expansion of its global production capacity. At the new site, Perstorp has the capacity to annually produce 40,000 metric tonnes of Pentaerythritol and 26,000 metric tonnes of calcium formate.

    “This is a major investment that Perstorp has been projecting for several years and we are very excited to inaugurate this state-of-the art plant and better serve our current and future customers”, Vinod Tiwari, Managing Director and General Manager India concludes.

    The site covers nearly 115,000 square meters (1.23 million square feet) and will employ about 120 people.

    ™ Trademark of Perstorp Holding AB

    SEE COMMENTS

    Leave a Reply