PERSTORP, Sweden – Leading specialty chemicals company Perstorp’s investment in new capacity for production of valeraldehyde and its derivatives 2-PH alcohol and a new plasticizer, DPHP, has continued support from the group’s Board of Directors. With this new capacity, Perstorp will be able to offer the market a cost-effective plasticizer and is confident that it will meet both regulatory and labeling requirements.

The investment in this new capacity is one of the largest ever in the history of Perstorp, and the new production plant is to be built in Stenungsund, on the west coast of Sweden, at Perstorp’s current production site.

A decision has been made to synchronize the investment startup with major raw-material suppliers, which means the investment will be on-stream in 2014.