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Wednesday 12 July 2017

Perstorp acquires Polialcoli; strengthens position in polyol market




PERSTORP, SWEDEN: Perstorp announced an agreement for the acquisition of Polialcoli Srl from Polioli SpA. The agreement includes the neopentyl glycol (Neo), trimethylolpropane (TMP) and trimethylolpropane diallyl ether (TMPDE) as well as the associated Formate businesses located at the Vercelli site (Italy). The transaction is scheduled to close on 31 August.
Included in the transaction are also technology, know-how and equipment. The 74 employees who are currently employed in Polialcoli will join Perstorp.

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