Perstorp to build €175m facility in Sweden

09 May 2007 16:37  [Source: ICIS news]

LONDON (ICIS news)--Perstorp is to invest €175m ($237m) in a new facility in Stenungsund, Sweden, including a 100,000 tonne/year di-propyl heptyl phthalate (DPHP) plasticiser plant, the company’s chief executive said on Wednesday.

 

Bo Dankis said the project, which also includes a 120,000 tonne/year plant for the production of 2-propyl heptanol (2PH) feedstock, is the company’s largest investment since it was created 126 years ago.

 

This will be Perstorp’s first production plant for DPHP, which is used mainly as a softener for polyvinyl chloride (PVC). BASF is the only other producer.

 

Output would also include 20,000 tonnes/year of valeric acid, which was used in the manufacture of lubricants, Dankis said in a telephone interview with ICIS news.

 

The plants, based on proprietary technology, are due on stream in the first half of 2011.

 

Dankis said he was confident DPHP, a C10-based plasticiser, would be approved under REACH, the EU’s forthcoming chemical legislation.

 

Perstorp could build additional DPHP capacity in the future, to meet rising global demand, particularly in Asia, he said.

 

“Maybe we could produce DPHP at other sites,” he added. “We’re committed to the plasticiser business.”

 

“We expect to see 5% annual growth rates for DPHP for the foreseeable future,” Dankis added.

 

($1 = €0.74)

 

By: Anna Jagger
+44 20 8652 3214

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