Sweden: Projected Market Demand Perstorp Increases Capacity for Non-Phtalate Plasticizer to 50,000 Tons
Perstorp wants to substantially expand the production capacity of its non-phthalate polyester plasticizer Pevalen from 2019 onwards. To this end, the company has entered into a long-term production agreement with Italian company Alcoplast.
Perstorp/Sweden — The new partnership more than doubles the current production capacity, bringing it in total to 50.000 tons per year and improving unit metrics due to the economies of scale.
Pevalen (pentaerythritol tetravalerate or PETV) is the manufacturer’s high-performance, true non-phthalate plasticizer. It is designed for sensitive applications and products in direct human contact, e.g. toys and childcare products, apparel and accessories, sports & leisure products, automotive interiors or other indoor applications such as furniture, floors or wall coverings in both homes and public spaces.
According to the company, global demand for non-phthalate plasticizers is predicted to continue to grow with about 100.000 tons per year. Perstorp believes that the non-phthalate segment will continue to grow and that Pevalen will increasingly become a go-to choice for the segment.