Perstorp strengthens presence in Asia with Japanese acqusitions

Perstorp has announced the acquisition of the Penta, Di-Penta and sodium formate businesses, related technology and certain assets from Koei Chemical Company Ltd, a Japanese chemicals producer.

As part of the business transfer, Koei Chemical Company Ltd. will act as Perstorp’s agent in Japan, which will secure continuous high service and reliable partnership with Perstorp’s highly valued customers in the Japanese market.

For Perstorp, this is an important part of an ambitious plan to strengthen the position in the Asian Market and to add a platform for investment in order to long term expand the Penta business.

Penta is used to enhance the properties in applications, such as alkyd resins, PVC stabilisers, synthetic lubricants and varnishes. Perstorp is now producing Penta in three different production plants in Germany, the USA and Sweden