Leading global specialty chemicals innovator Perstorp, a wholly owned subsidiary of Malaysia’s Petronas Chemicals Group Berhad (PCG), announced on December 13th that Perstorp Holding AB has acquired 100% of the shares of OQ Chemicals Nederland B.V. from OQ Chemicals GmbH. The deal provides Sweden-based Perstorp with full ownership and control over all the Dutch company’s production assets, related technology and employees.
“With this acquisition of OQ Chemicals Nederland B.V., we are further enabling our growth strategy and focus on the Specialty Chemicals sector as well as sustainable solutions”, says Ib Jensen, President and CEO of Perstorp.
Perstorp believes in improving everyday life – making it safer, more convenient and more environmentally sound for billions of people all over the world. As a world leading specialty chemicals company, their innovations provide essential properties for products used every day and everywhere. You’ll find them all the way from your car and mobile phone to towering wind turbines and the local dairy farm. They work to make good products even better, with a clear sustainability agenda.
Founded in Sweden in 1881, Perstorp’s focused innovation builds on more than 140 years of experience, representing a complete chain of solutions in organic chemistry, process technology and application development. Perstorp has approximately 1,500 employees and manufacturing units in Asia, Europe and North America. Sales in 2023 amounted to 12.2 billion SEK. Perstorp is a wholly owned subsidiary of Petronas Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of Petronas Group.
