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Ma Petrochemical acquires Perstorp, a specialty chemicals company

 Last Update: 2022-08-10
 Source: Internet
 Author: User

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On May 14, Petrochemical Corporation of Malaysia (hereinafter referred to as "Petrochemical") signed an equity purchase agreement to acquire the entire equity of Perstorp Holding AB (Perstor.

Signing site: Seated from left to right is .

It is understood that in order to strengthen the basic petrochemical product portfolio and selectively achieve diversification in derivatives, specialty chemicals and solutions, Ma Petrochemical has intensified its mergers and acquisitions in recent yea.

“Perstorp is an outstanding strategic choice for Petrochemicals, allowing us to participate in attractive end markets such as paints and coatings, construction, automotive, personal care and animal nutriti.

Perstorp headquarters in Sweden

Founded more than 140 years ago, Perstorp is a leading specialty chemicals company focused on the resins and coatings, engineered fluids and animal nutrition marke.

Completion of the acquisition is subject to final approval from relevant regulatory authorities and shareholde.

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