“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,” noted Gorm Jensen, Perstorp’s executive vice-president, commercial and innovation. “This plant will increase the availability and reliability of products for current, as well as new customers, reducing lead times by about 50% 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,” Jensen added.

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 renewably sourced raw materials as well as a hybrid source of electricity. Voxtar is a renewable based counterpart to Penta.

Based on a traceable mass balance concept, Voxtar is designed to reduce the carbon footprint throughout the value chain and to support sourcing of renewable and recycled raw materials. As Voxtar is chemically identical to Penta, it provides customers with the same quality and performance as their fossil  counterpart.

Perstorp already produces Penta in Sweden, Germany and the United States, but this investment will represent expansion of its global production capacity. At the new site, Perstorp has the capacity to annually produce 40,000 metric tonnes of Pentaerythritol and 26,000 metric tonnes of calcium formate.

“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,” said Vinod Tiwari, managing director and general manager India.