Lubricants
The companies featured on PressReleaseFinder are active in several industries.
22 Sept 2022
Clariant extends support for manufacturers of fully synthetic metalworking fluids
Access the full potential of Clariant’s additives to develop high lubricity, fully synthetic metalworking fluids. Launched online today, the uniquely comprehensive set of low-foaming, multifunctional additives is now available alongside formulation guidance to support mineral oil-free, more bio-resistant water soluble fluids that boost machining efficiency, productivity and protection with fewer ingredients.
13 Jul 2022
Project Air: Unique Swedish green chemistry investment wins support from EU Innovation Fund
The European Union Innovation Fund has selected Project Air, a unique production facility for sustainable methanol in Stenungsund, Sweden, as one of 17 large-scale green tech projects to be granted more than EUR 1.8 billion. Project Air, which is a collaboration between Perstorp, Fortum and Uniper, has applied for EUR 97 million and the total investment is expected to amount to more than EUR 230 million.
Leading specialty chemicals innovator Perstorp introduces 2-Ethylhexanol based on 25% renewable raw material according to a traceable mass balance concept. 2-EH Pro 25 is designed to reduce the carbon footprint throughout the value chain where it is used to support sustainable sourcing of renewable and recycled raw materials. It is the latest addition to Perstorp’s rapidly expanding ISCC PLUS-certified portfolio of Pro-Environment products.
Sustainable solutions provider and global leader within polyols Perstorp is taking a stand by converting a large majority of the polyols produced at their largest production plant in Perstorp, Sweden, to Pro-Environment products. By doing this, Perstorp will enable reduced greenhouse gas emissions for its polyol customers and downstream value chains.
Perstorp Group, a leading sustainability-driven global specialty chemicals company, today said that it is to be acquired by PETRONAS Chemicals Group Berhad (PCG). PCG announced today that it has signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB. The agreement was signed with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm.
Leading specialty chemicals company Perstorp plans to have extra capacity of around 70,000 tonnes/yr. for production of carboxylic acids onstream during 2024. The investment will enable Perstorp to increase output significantly and strengthen its position as the sustainable solutions provider. Increased capacity will meet growing demand in various high-value applications, including non-phthalate plasticizers for PVC, engineered fluids for applications such as refrigeration lubricants, and various propionates used in food preservation and carboxylic acids for use in animal feed gut health and preservation products. Most of the output will be used in downstream production operated by Perstorp itself.