Specialty chemical supplier Perstorp AB will build a new plant at an existing site in Sweden to bring an additional 70,000 metric tons per year of carboxylic acids production onstream in 2024, doubling its capacity, the company said. The chemicals are used as ingredients in the manufacture of refrigeration lubricants, among other applications.
Increased capacity will meet growing demand in various high-value applications, including engineered fluids for refrigeration lubricants, the company said. Most of the output will be used by Perstorp, which is based in Malmo, Sweden, to make its own finished products.
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