During 2010, Perstorp experienced a healthy expansion across the majority of its portfolio, with a very strong volume growth of 17% over the year. Sales amounted to SEK 14,561 m (SEK 12,542 m last year). The currency effect was -11%, but this was offset by much higher prices.

The operating earnings before depreciation and write-down, and before non-recurring items, improved to SEK 1,745 m (SEK 1,100 m). Also the profit increase is a result of greater volumes, while costs have been kept under control. The year ended with a relatively strong quarter in business terms.

A number of product launches were implemented throughout the year, cementing the Perstorp’s strength in market segmentation and innovative solutions. Examples include turbo loaders for the formalin plants, the world’s first renewable Penta and the specialty polyol Holtac™ for phasing out lead in PVC plastics.

A decision was made to invest in capacity expansion for HDI and its derivatives, while capacity expansion for caprolactones proceeded according to plan, and is expected to be ready to put into operation by mid-2011.

The Perstorp Year-end Report 1 January - 31 December 2010 can be downloaded >> and ordered >> in printed copies.