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Breaking NewsCompany News

Perstorp Acquires Rhodia and Lyondell Units

September 1, 2008

PERSTORP, Sweden – Perstorp has acquired the specialty chemicals operation from Rhodia Organics and Lyondell Chimie TDI SCA, a LyondellBasell subsidiary. The purchase includes the production of TDI, HDI and HDI derivatives used as hardeners in the coatings industry. The acquired operations have production facilities in Pont-de-Claix, France, and Freeport, TX. In 2007, the operations generated sales of approximately €500 million.

Perstorp has recently completed a number of acquisitions, including Solvay’s caprolactone operation in the UK and Lonza’s PIA (purified isophthalic acid) operation in Singapore. Perstorp plans to double the capacity of caprolactones in the UK.

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