Sustainable Innovation
For Perstorp, a focused approach to innovation is about constantly coming up with relevant ideas to develop our company, our offering and the value we create for customers and society. We combine insights in relevant trends with customer needs, and channel our strengths where they make the biggest impact for our customers – and the people everywhere whose lives are touched by our products.
Focused innovation for sustainable solutions
Our approach to innovation includes new product development, but also enhanced functionality and adaption of existing products to new market opportunities as well as continuously improve competitiveness of our production processes. Perstorp’s innovation team has developed a tool to keep focus on different aspects of sustainability and sustainable products in the project portfolio.
Roughly 80 percent of our research and development initiatives focuses on finding new sustainable solutions to reduce environmental impacts and meet the market demand for more environmentally responsible products. We seek input early on, to check whether our developments are relevant and valuable, and believe that keeping close ties and working together is the way forward.
Collaboration is important to us
Perstorp participates in several research consortia working with customers as well as leading scientists on new technologies to develop new opportunities, business models and markets. Not the least addressing the challenges of sustainability and circular economy requires collaboration along the value chain. For instance, only during 2019, we were active in 12 external research programs involving 124 partners at Universities, Institutes and Industry. These projects explore and contribute to several important areas, including chemical recycling, biobased chemicals and electrification.
Pioneering Pro-Environment Solutions
Perstorp has the solutions needed for sustainable societies. Our Pro-Environment range of products enables our customers to bring renewable products to their respective end markets. The ProEnvironment product portfolio also contributes to Perstorp achieving Finite Material Neutral by driving the shift toward renewable raw materials and energy.
The criteria for Pro-Environment Solutions are:
- ...partly or fully renewable or recycled origin
- ...carbon footprint reduction
- ...ISCC PLUS certified
- ...based on an ISCC certified mass balance concept
Furthermore, our Pro-Environment Solutions are dropin, meaning that their quality is identical to the fossilbased products they can substitute. This avoids the need for customers to alter their equipment or processes. At present, Perstorp’s Pro-Environment Solutions consist of two subportfolios – Polyols and Specialty Products – with a new renewable polyol ester, the nonphthalate plasticizer, Pevalen™ Pro, launched late in 2019.