15 Nov 2017
Perstorp launches world’s first portfolio of renewable polyols
One more step towards Finite Material Neutral by 2030
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.
World’s first renewable Penta, known as Voxtar™, was launched in 2010. It can reduce carbon footprint by up to 80% compared to fossil alternatives. The addition of two new innovative products; Evyron™ (partly renewable TMP) and Neeture™ (partly renewable Neo) will give Perstorp’s customers a clear market advantage in creating pro-environmental low carbon footprint products.
Anna Berggren, Global Market Segment Manager for Resins at Perstorp commented: “The time is right to add two new renewable polyols. The market demand for bio-based material is rapidly increasing due to a strong focus on sustainable chemistry and renewable raw materials. We are committed to our environmental responsibility as well as to helping our customers in their sustainable development. We are dedicated to our pro-environment products, giving prioritized supply for pro-environmental partners at all times.”
Committed to the pro-environmental walk
Perstorp’s commitment to sustainability runs deep in the company led by CEO, Jan Secher. “This launch is a great achievement and I’m very proud of the engagement from our employees. It’s clear that we are looking to make a difference. Sustainability is in the core of everything we do which also makes it a perfect strategic fit.”
Perstorp’s new pro-environment portfolio is a great example of how they intend to work towards their 2030 ambition to become Finite Material Neutral. “It is a tough ambition but we have to do it. There is no plan B, because we only have one planet,” Jan continues.
Currently Perstorp is devoting 80% of its R&D resources to finding new sustainable solutions and in addition, all Perstorp Swedish plants will switch to using only renewable electricity in 2018. “With the new pro-environment products we are launching at China Coat, we are reaffirming that we believe our molecules can change things for the better”, Jan concludes.
Good for business and good for the environment
The two new Pro-Environment Polyols – Evyron™ and Neeture™ - complete the portfolio of the three essential polyols in renewable options. The new portfolio is based on a certified mass balance concept. Mass balance is about mixing fossil and renewable in the same existing systems but keeping track of their quantities and allocating them to specific products. This ensures that the quality and performance of the molecules are exactly the same giving customers a real go-pro-environmental choice.
Perstorp’s Pro-Environment Polyols are all ISCC certified which among other things ensures a traceability of the bio-based raw material back to its country of origin. Anna Berggren highlights: “The bio-based material in our products is sustainably sourced and I am proud to say that Perstorp launches world´s first portfolio of renewable polyols. And even better, they will also be the first to become ISCC certified.”
Voxtar™, Evyron™ & Neeture™ is the property of the Perstorp Group and can be subject to registration in many countries.
Sales of the Pro-Environment Polyols will start January 1st, 2018.
Perstorp Holding AB
SE-211 20 Malmö
+46 435 380 00
Notes for editors
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.