Perstorp AB is a specialty chemical company which operates through five business segments, including paint and coatings, plastic materials, feed and food, formalin technology, and catalyst and fuels. The company conducts its polyols business under the plastic material business segment through its Perstorp Polyols Inc. (U.S.) division.
Perstorp Polyols Inc. is primarily engaged in manufacturing of polyols and formaldehyde products. Polyol manufacturing capacity of Perstorp AB is estimated to be around 180.0 kilotons annually. As part of its growth strategy, the company signed a long-term agreement with Oxiquim Quimica Ltd., a division of Oxiquim International Investments (Brazil) for polyalcohol products in Brazil for distribution of Perstorp’s polyalcohol products including Pentaerythritol, Trimethylolpropane, and Neopentyl glycol for small and mid-sized coating resin manufacturer. This agreement is expected to help Perstorp to meet increasing demand for resin raw materials in building applications. Perstorp has established itself as one of the world leaders in all its focus areas, and presented a strong coating offer at the American Coatings Show 2014. This included advanced coating technologies, such as Capa polyols, as well as essential building blocks. Perstorp has established its reputation in the Americas as a high quality producer and supplier with the most reliable service level.
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The Dow Chemicals Company (U.S.) is a prominent market player in America, following Perstorp. Dow Chemical Company had planned to increase its polyol and copolymer capacity at its Freeport, Texas facilities as a result of debottlenecking. The facilities will use state-of-the art DMC catalysts to create polyol products with unique properties.
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The leading participants operating in the Americas polyether polyols market are Perstorp AB (Sweden), The Dow Chemical Company (U.S.), Bayer AG (Netherlands), Stepan Company (U.S.), Huntsman Corporation (U.S.), BASF SE (Germany), and Vertellus Specialties Inc.(U.S.)and.
