The Perstorp Group’s Board has approved the investment in a new multi-purpose plant for production of various organic acids at the Groups production unit in Stenungsund, Sweden. The new plant will be ready early 2014 and have capacity of 55 000 tons. This investment also enables the future addition of more acids to the Perstorp product portfolio.
“This investment secures expansion in important growth segments for us – Feed & Food, Plasticizers and Synthetic Lubricants with the addition of various organic acids. It also means a reinforcement of one of Perstorp’s most important production platforms, the Oxo platform,” explains Anders Lundin, EVP BG Performance Products.
The new plant will be started early 2014. This investment also enables the future addition of more acids to the Perstorp product portfolio.