Perstorp Group said June 9 that its largest plant in Sweden will convert all polyols derived from petroleum – pentaerythritol, neopentyl glycol and trimethylolpropane – to products of partly renewable or recycled origin.
The conversion, targeted to be completed by 2023, is part of Perstorp’s efforts to offer more sustainable solutions to customers.
The new products are certified with the International Sustainability and Carbon Certification Plus, and are chemically identical to the fossil-based versions, the company said, meaning they can serve as drop-in replacements. The difference is in the material they are derived from and the process for manufacturing them.
The new penta will be marketed under the Voxtar brand, while the TMP and NPG are branded Evyron and Neeture, respectively. Voxtar and Neeture are available in grades with 20% or 40% renewable carbon content, and Evyron is offered in grades of 20% and 50% renewable content.
According to Perstorp, applications for all three of the products include aviation turbine oils, transformer oils and refrigeration lubricants.
The change will allow Pertorp customers to reduce greenhouse gas emissions footprints of their supply chains.
“Phasing out the fossil base polyols produced at the site in Perstorp is a bold move,” Perstorp CEO Jan Secher said in a news release, “but we are convinced that this is the only way forward for us, as an industry, to align with the Paris Agreement and significantly reduce greenhouse gas emissions. As an upstream company in the chemical industry, we can and should make a positive impact across multiple value-chains by offering products with a reduced carbon footprint.”
Perstorp considers itself a sustainability-driven specialty chemical company and said the change continues its sustainability journey toward becoming finite material neutral, a long-term ambition it announced in 2010. Since late 2021, the company has set science-based emissions reduction targets aligned with the Paris agreement.
On May 17, Malaysia’s Petronas Chemicals Group Berhad announced it would acquire Perstorp Holding AB for €2.3 billion (10.5 billion ringgit or U.S. $2.3 billion). In addition to polyols, Perstorp’s products include carboxylic acids and other chemicals used in lubricants.