Perstorp Group, a wholly owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), announced an alignment with the leadership of PCG Specialty Chemicals (PCG SC).

The establishment of PCG SC has combined the capabilities of two PCG subsidiaries—Perstorp and BRB—with the goal of becoming a global leader in the specialty chemicals industry. This has led to the careful selection of leadership from both subsidiaries to serve on the PCG SC leadership team while preserving their existing operational excellence.

“Our ambition is clear: to become a globally leading specialty chemicals company by solidifying our leadership in our four focus segments—coating solutions, engineered fluids solutions, personal care solutions and advanced polymer solutions—while also expanding our intermediates business aggressively,” said Dr. Debbie Chiu, chief operating officer of PCG Specialty Chemicals. “Our growth agenda reflects our strong ambition and commitment to progress.”

As a result of these changes, Ib Jensen will leave his position as president and CEO of Perstorp Group after successfully overseeing the integration process following PCG’s acquisition of Perstorp in 2022. Gorm Jensen, currently executive vice president for commercial and innovation at Perstorp, has been appointed managing director of Perstorp Holding AB.

“I have great confidence in the new direction that Perstorp is taking as part of the PCG SC structure,” said Ib Jensen.

“Ib has been a highly valued leader during the integration,” Chiu said. “His commitment and efforts have helped navigate us through this period of change, and we appreciate his leadership and service.”

The change will take effect Feb. 1, 2025.F