New OXO chemicals unit, greener products may spell success for 134-year-old firm.
As the economy began to recover in 2010, Perstorp doubled capacity for the coatings chemical
dipentaerythritol in Bruchhausen, Germany.
One of those investments is the new oxo unit in Stenungsund , which cost $ 150 million to build and
has an annual capacity of 150,000 metric tons.
A new raw material is butane, which allows Perstorp to make valealdehyde and 2-propylheptanol.
The Austrian firm recently penned a 10-year deal to import low-priced U.S. ethane and is upgrading
its Stenungsund site to accommodate increased use of ethane as a cracker raw material.
From : CEN JUNE 8, 2015
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