Swedish speciality chemicals company Perstorp has built and commissioned a state-of-the-art, ISCC Plus certified plant in western India to meet the growing market demand for penta chemicals. Located in Sayakha, Bharuch, in the state of Gujarat, the plant was ceremonially inaugurated on 20 February 2024. “This is the largest investment in Asia so far, in Perstorp’s history. It will further strengthen Perstorp’s position as a sustainable and reliable partner in the region of Asia,” notes Gorm Jensen.
Perstorp’s Executive Vice President Commercial & Innovation emphasizes: “This plant will increase the availability and reliability of products for current, as well as new customers, reducing lead times with about 50 percent for Asian customers. It is strategically located close to ports, rails and roadways. This will help to ensure that Perstorp can supply products effectively throughout India and across all of Asia. At the same time, the plant is well positioned to also export products globally.”
In Sayakha, Perstorp will produce a penta product mix including Perstorp's renewable based ISCC PLUS certified grade Voxtar, as well as offering penta mono and calcium formate. The plant will use renewable raw materials and a hybrid power source. Voxtar is a renewable counterpart to Penta. Based on a traceable mass balance approach, the chemical product is designed to reduce the carbon footprint throughout the value chain and support the sourcing of renewable and recycled raw materials. Being chemically identical to Penta, Voxtar offers customers the same quality and performance as its fossil counterpart. Perstorp already produces Penta in Sweden, Germany and the United States, but this investment represents a significant expansion of its global production capacity. At the new site, the chemical company has the capacity to produce 40,000 tonnes of pentaerythritol and 26,000 tonnes of calcium formate per year.
“This is a major investment that Perstorp has been projecting for several years and we are very excited to inaugurate this state-of-the art plant and better serve our current and future customers”, Vinod Tiwari, Managing Director and General Manager India concludes. The site covers nearly 115,000 square meters and will employ about 120 people.
