Perstorp

A global leader in high growth niches
The Perstorp Group, a trusted world industrial leader, places focused and market-driven innovation at your fingertips. Our culture of performance builds on 130 years of experience and represents a complete chain of solutions in organic chemistry, process technology and application development. As the global leader in high growth niches, such as powder and UV cured coatings, plasticizers, synthetic lubricants and grain preservation, we are committed to develop products providing essential properties to enhance the quality, performance and profitability of our customers’ products and processes. As we look to the future, we strive for the development of smarter and safer products and sustainable processes that reduce environmental impact and create real value in end-products. Perstorp has approximately 1,600 employees and manufacturing units in Asia, Europe and North America. Sales in 2016 amounted to more than SEK 11,3 billion. Discover your winning formula at www.perstorp.com.

Perstorp
Perstorp Holding AB
Neptunigatan 1
SE-211 20 Malmö
Sweden
+46 435 380 00

Perstorp publishes Annual Report for 2017

Perstorp publishes Annual Report for 2017. 
(Photo: Perstorp)Malmö - April 19, 2018 - 2017 saw Perstorp reaching an extraordinary milestone with the delivery of an excellent volume-based sales growth of 10 percent and sales amounting to SEK 13,592 million. EBITDA excluding non-recurring items increased by 20 percent to record high SEK 2,133 million. A successful refinancing of the balance sheet in the third quarter last year, amounting to EUR 230 million, also gave the company lower interest rates on the floating rate notes.

New study clears 2-EHA of suspicion of additional classification by ECHA

2-EHA is frequently used in paint dryers.
(Photo: Shutterstock)Perstorp April 5, 2018 - Recently 2-ethylhexanoic acid (2-EHA) has shown no adverse effects regarding reproduction at the highest dose tested in a study executed at the request of the European Chemicals Agency (ECHA). Because of earlier suspicions on reproductive toxicity, ECHA had 2-EHA listed in the Community Rolling Action Plan (CoRAP) as CMR (reproductive toxicity - fertility) and potential neurodevelopmental toxicity. This listing has now been removed: 2-EHA is no longer under consideration for additional classification and labeling. The product is considered safe with risk mitigation measures in place.

Perstorp now to offer advanced dosing equipment with acid portfolio

Cibodoz is a highly accurate dosing system designed specifically to dose organic acids and water at the same time, with a reliable homogenous spread through the feed. (Photo: Perstorp)Perstorp - April 4, 2018 - Perstorp offers a new solution where a broad range of organic acid based additives can be combined with highly accurate dosing equipment. This unique combination, called Perstorp Perfect Mixx, can help to;

Perstorp substantially increases its focus on Feed & Food and appoints Roger Mann as new EVP

Perstorp substantially increases its focus on Feed & Food and appoints Roger Mann as new EVP. 
(Photos: Perstorp)Perstorp - February 22, 2018 - In order to take full advantage of the growth opportunities in the agricultural business, as well as exploring new business opportunities, it is today announced that Feed & Food becomes a separate Business Area within Perstorp and Roger Mann is appointed Executive Vice President for the new BA.

Research shows organic acids as viable feed hygiene alternative for formaldehyde

Salmonella continues to be one of the biggest threats for animal production professionals. Blends of propionic and formic acid with specifically selected essential oils prove to be a potent solution to combat this pathogen. 
(Photo: Shutterstock)Perstorp - February 20, 2018 - Towards the end of 2017, the European Union denied the authorization of formaldehyde as a preservative and hygiene condition enhancer. Foreseeing this decision, Swedish organic acid producer and feed additives manufacturer Perstorp has been researching the mode of action and effectiveness of organic acids against Salmonella for years. New data brought to light that propionic acid reduces the motility of Salmonella, and that specifically selected essential oils have a synergetic effect with organic acids. A new range of ProPhorce™ SA products puts these new insights to optimal use.

Prague CE S.à r.l closes €234,000,000 of Senior Subordinated Notes due 2022

Perstorp December 14, 2017 - Perstorp Holding AB (publ) (“Company”) has been notified that, Prague CE S.à r.l, a private limited liability company (société à responsabilité limitée) organized under the laws of the Grand Duchy of Luxembourg (“Issuer”) today closed an offering of €234,000,000 aggregate principal amount of Senior Subordinated Notes due 2022 (“Notes”). The Issuer was independently formed and is not an affiliate of the Company.

Perstorp announces the closing of €250,000,000 Senior Secured Floating Rate Notes due 2022

Perstorp December 14, 2017 - Perstorp Holding AB (publ) (“Company”) today announced that it has closed the offering of its €250,000,000 aggregate principal amount of Senior Secured Floating Rate Notes due 2022 (the “Notes”). The Notes will bear interest at EURIBOR (with a floor of 0%) plus 4.25% per annum. The Notes will mature on September 15, 2022, subject to a springing maturity of (x) June 30, 2021 if the Company’s existing 11% Second Lien Notes due 2021 are not refinanced in full on or prior to June 30, 2021 or (y) September 30, 2021 if (i) the Company’s Mezzanine Facility Agreement is not (a) refinanced in full on or prior thereto or (b) extended in full on or prior thereto such that the termination date of the Mezzanine Facility Agreement is December 15, 2022.

Prague CE S.à r.l prices €234,000,000 of senior subordinated notes due 2022

Perstorp December 8, 2017 - Perstorp Holding AB (publ) (“Company”) has been notified that, Prague CE S.à. r.l, a private limited liability company (société à responsabilité limitée) organized under the laws of the Grand Duchy of Luxembourg and registered with the Luxembourg Register of Trade and Companies (Registre de commerce et des sociétés, Luxembourg), (“Issuer”) today priced an offering of €234,000,000 aggregate principal amount of Senior Subordinated Notes due 2022 (“Notes”). The Issuer was independently formed and is not an affiliate of the Company.

Perstorp announces the pricing of €250,000,000 senior secured floating rate notes due 2022

Perstorp December 8, 2017 - Perstorp Holding AB (publ) (“Company”) today announced the pricing of €250,000,000 aggregate principal amount of Senior Secured Floating Rate Notes due 2022 (the “Notes”). The Notes will bear interest at EURIBOR (with a floor of 0%) plus 4.25% per annum. The Notes will mature on September 15, 2022, subject to a springing maturity of (x) June 30, 2021 if the Company’s existing 11% Second Lien Notes due 2021 are not refinanced in full on or prior to June 30, 2021 or (y) September 30, 2021 if (i) the Company’s Mezzanine Facility Agreement is not (a) refinanced in full on or prior thereto or (b) extended in full on or prior thereto such that the termination date of the Mezzanine Facility Agreement is December 15, 2022.

Perstorp launches world’s first portfolio of renewable polyols

Perstorp launches world´s first ISCC certified and renewable polyols. (Photos: Perstorp)Perstorp November 15, 2017 - Perstorp is announcing world’s first portfolio of renewable alternatives to the essential polyols Pentaerythritol (Penta), Trimethylolpropane (TMP), and Neopentyl glycol (Neo). The product portfolio will be globally launched at China Coat. The launch is a response to the fast growing global need for more sustainable Coatings, Resins and Synthetic Lubricants to mention a few. This means that Perstorp is the only chemical company in the world to offer all three essential polyols Penta, TMP and Neo in both traditional and renewable forms.

Perstorp and 3D4makers partner to launch Facilan™ next-generation 3D Printing filament

Perstorp and 3D4makers partner to launch Facilan™ next-generation 3D Printing filament. (Photos: 3D4Makers)Perstorp November 9, 2017 - Perstorp and 3D4Makers are developing a new generation of high quality, high performance filament. As the world’s first fifth-generation 3D filament, Facilan™ enables applications previously unobtainable with other 3D printing materials. Developed jointly by Perstorp and 3D4makers, Facilan delivers fit-for-purpose filaments for 3D additive manufacturing. Currently comprising three materials, the Facilan portfolio is designed to meet the toughest requirements for a wide range of medical and manufacturing products.

Perstorp stepping up commitment to Caprolactone market by upgrading its Capa™ plant in Warrington, UK

Perstorp stepping up commitment to Caprolactone market by upgrading its Capa™ plant in Warrington, UK.
(Photo: Perstorp)Perstorp - August 31, 2017 - Perstorp is securing the future of its Caprolactone business through a significant investment to upgrade its original monomer plant. The new equipment will be constructed using state of the art materials and the investment will future proof the production and even further increase security of supply.

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