Perstorp announces major production capacity increase for Pevalen™ non-phthalate plasticizer
Perstorp announces to substantially expand the production capacity of its non-phthalate polyester plasticizer Pevalen™ from 2019 onwards. To accomplish this Perstorp has entered into a long-term production agreement with Italian company Alcoplast Srl.. The new partnership more than doubles the current production capacity, bringing it in total to 50.000 tons per year and improving unit metrics due to the economies of scale.
Pevalen™ (pentaerythritol tetravalerate or PETV) is Perstorp’s high-performance, true non-phthalate plasticizer. It is the perfect choice for sensitive applications and products in direct human contact, e.g. toys and childcare products, apparel and accessories, sports & leisure products, automotive interiors or other indoor applications such as furniture, floors or wall coverings in both homes and public spaces. Pevalen™ has a unique performance not matched by any other available plasticizer with high plasticizing efficiency in combination with low migration and volatility.
“Global demand for non-phthalate plasticizers is predicted to continue to grow with about 100.000 tons per year”, said Markus Jönsson, Vice President Plasticizers, Perstorp.
“Since our first introduction of Pevalen™ to the market more and more potential customers have tested it and now discovered its performance advantages in various application segments. Additionally Pevalen™’s favorable sustainability profile is proving to be an increasingly important factor in the decision making process. All reasons for a steep increase in demand. In the recent past satisfying the market demand has been very challenging, so we are really happy to also announce this capacity expansion from 2019 and onwards. In addition, the partnership with Alcoplast Srl. will enable us to add other complementary plasticizers to our portfolio.”
Perstorp believes that the non-phthalate segment will continue to grow and that Pevalen™ will increasingly become a go-to choice for the segment. The plans for further investments to increase the production capacity of Pevalen™ beyond 100.000 tons are advancing and will be timed to meet future market demand.
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