Perstorp to Increase Capacity in China
November 23, 2009
PERSTORP, Sweden - Specialty chemicals company Perstorp plans to increase its production of aliphatic polyisocyanates in response to growing market demand in Asia, particularly China.
The company will commence implementation of a new production structure in China in 2012. At maturity, this production capacity should reach 12,000 tons per annum. Perstorp also plans to debottleneck existing plants to support growth outside Asia.
Perstorp produces solvent-based Tolonate® and self-emulsifiable into water Easaqua™ aliphatic polyisocyanates for high-performance polyurethane coatings.
Isocyanates are used as hardeners in coatings, elastomers and foam products with major market applications in automotive (OEM and refinish), industrial maintenance, plastic and wood coatings, transportation, aerospace, coil and can coatings, leather finishing, and adhesives. They represent a strategically important part of Perstorp’s product portfolio. With an average expected annual growth rate of six percent, aliphatic isocyanates specialty materials represent a highly attractive market.