PERSTORP, Sweden - Specialty chemicals company Perstorp and Mitsubishi Gas Chemical (MGC), a global Japanese chemical corporation, have signed a distribution agreement for MGC’s new co-polyester and its key raw material. Through the agreement, Perstorp is the exclusive distributor of the innovative co-polyester under its own brand Akestra™ in Europe.

The partnership will allow for the market development of these new high-heat-resistant and durable co-polyesters in Europe, addressing the demand for safer and superior thermoplastics.