3 May 2018
Feedpreservation.com: new technical online platform for farmers
Did you know that a salt based mold inhibitor can react with an organic acid based product? Or that beer and silage have a lot in common? You can find why that is and much more on www.feedpreservation.com: a brand new technical online platform focusing solely on the how and why of preservation of animal nutrition.
19 Apr 2018
Perstorp publishes Annual Report for 2017
2017 saw Perstorp reaching an extraordinary milestone with the delivery of an excellent volume-based sales growth of 10 percent and sales amounting to SEK 13,592 million. EBITDA excluding non-recurring items increased by 20 percent to record high SEK 2,133 million. A successful refinancing of the balance sheet in the third quarter last year, amounting to EUR 230 million, also gave the company lower interest rates on the floating rate notes.
5 Apr 2018
New study clears 2-EHA of suspicion of additional classification by ECHA
Recently 2-ethylhexanoic acid (2-EHA) has shown no adverse effects regarding reproduction at the highest dose tested in a study executed at the request of the European Chemicals Agency (ECHA). Because of earlier suspicions on reproductive toxicity, ECHA had 2-EHA listed in the Community Rolling Action Plan (CoRAP) as CMR (reproductive toxicity - fertility) and potential neurodevelopmental toxicity. This listing has now been removed: 2-EHA is no longer under consideration for additional classification and labeling. The product is considered safe with risk mitigation measures in place.
4 Apr 2018
Perstorp now to offer advanced dosing equipment with acid portfolio
Perstorp offers a new solution where a broad range of organic acid based additives can be combined with highly accurate dosing equipment. This unique combination, called Perstorp Perfect Mixx,
22 Feb 2018
Perstorp substantially increases its focus on Feed & Food and appoints Roger Mann as new EVP
In order to take full advantage of the growth opportunities in the agricultural business, as well as exploring new business opportunities, it is today announced that Feed & Food becomes a separate Business Area within Perstorp and Roger Mann is appointed Executive Vice President for the new BA.
20 Feb 2018
Research shows organic acids as viable feed hygiene alternative for formaldehyde
Towards the end of 2017, the European Union denied the authorization of formaldehyde as a preservative and hygiene condition enhancer. Foreseeing this decision, Swedish organic acid producer and feed additives manufacturer Perstorp has been researching the mode of action and effectiveness of organic acids against Salmonella for years. New data brought to light that propionic acid reduces the motility of Salmonella, and that specifically selected essential oils have a synergetic effect with organic acids. A new range of ProPhorce™ SA products puts these new insights to optimal use.
14 Dec 2017
Prague CE S.à r.l closes €234,000,000 of Senior Subordinated Notes due 2022
Perstorp December 14, 2017 - Perstorp Holding AB (publ) (“Company”) has been notified that, Prague CE S.à r.l, a private limited liability company (société à responsabilité limitée) organized under the laws of the Grand Duchy of Luxembourg (“Issuer”) today closed an offering of €234,000,000 aggregate principal amount of Senior Subordinated Notes due 2022 (“Notes”). The Issuer was independently formed and is not an affiliate of the Company.
14 Dec 2017
Perstorp announces the closing of €250,000,000 Senior Secured Floating Rate Notes due 2022
Perstorp December 14, 2017 - Perstorp Holding AB (publ) (“Company”) today announced that it has closed the offering of its €250,000,000 aggregate principal amount of Senior Secured Floating Rate Notes due 2022 (the “Notes”). The Notes will bear interest at EURIBOR (with a floor of 0%) plus 4.25% per annum. The Notes will mature on September 15, 2022, subject to a springing maturity of (x) June 30, 2021 if the Company’s existing 11% Second Lien Notes due 2021 are not refinanced in full on or prior to June 30, 2021 or (y) September 30, 2021 if (i) the Company’s Mezzanine Facility Agreement is not (a) refinanced in full on or prior thereto or (b) extended in full on or prior thereto such that the termination date of the Mezzanine Facility Agreement is December 15, 2022.
8 Dec 2017
Prague CE S.à r.l prices €234,000,000 of senior subordinated notes due 2022
Perstorp December 8, 2017 - Perstorp Holding AB (publ) (“Company”) has been notified that, Prague CE S.à. r.l, a private limited liability company (société à responsabilité limitée) organized under the laws of the Grand Duchy of Luxembourg and registered with the Luxembourg Register of Trade and Companies (Registre de commerce et des sociétés, Luxembourg), (“Issuer”) today priced an offering of €234,000,000 aggregate principal amount of Senior Subordinated Notes due 2022 (“Notes”). The Issuer was independently formed and is not an affiliate of the Company.
8 Dec 2017
Perstorp announces the pricing of €250,000,000 senior secured floating rate notes due 2022
Perstorp December 8, 2017 - Perstorp Holding AB (publ) (“Company”) today announced the pricing of €250,000,000 aggregate principal amount of Senior Secured Floating Rate Notes due 2022 (the “Notes”). The Notes will bear interest at EURIBOR (with a floor of 0%) plus 4.25% per annum. The Notes will mature on September 15, 2022, subject to a springing maturity of (x) June 30, 2021 if the Company’s existing 11% Second Lien Notes due 2021 are not refinanced in full on or prior to June 30, 2021 or (y) September 30, 2021 if (i) the Company’s Mezzanine Facility Agreement is not (a) refinanced in full on or prior thereto or (b) extended in full on or prior thereto such that the termination date of the Mezzanine Facility Agreement is December 15, 2022.
15 Nov 2017
Perstorp launches world’s first portfolio of renewable polyols
Perstorp November 15, 2017 - Perstorp is announcing world’s first portfolio of renewable alternatives to the essential polyols Pentaerythritol (Penta), Trimethylolpropane (TMP), and Neopentyl glycol (Neo). The product portfolio will be globally launched at China Coat. The launch is a response to the fast growing global need for more sustainable Coatings, Resins and Synthetic Lubricants to mention a few. This means that Perstorp is the only chemical company in the world to offer all three essential polyols Penta, TMP and Neo in both traditional and renewable forms.
9 Nov 2017
Perstorp and 3D4makers partner to launch Facilan™ next-generation 3D Printing filament
Perstorp November 9, 2017 - Perstorp and 3D4Makers are developing a new generation of high quality, high performance filament. As the world’s first fifth-generation 3D filament, Facilan™ enables applications previously unobtainable with other 3D printing materials. Developed jointly by Perstorp and 3D4makers, Facilan delivers fit-for-purpose filaments for 3D additive manufacturing. Currently comprising three materials, the Facilan portfolio is designed to meet the toughest requirements for a wide range of medical and manufacturing products.
