Perstorp's business reorganized into three divisions

Source: China National Chemical News January 24, 2019

Recently, the Swedish professional chemical company Perstorp announced that it is restructuring its business to support future growth plans and strengthen internal integration. The move will result in the loss of 56 jobs, including 32 in Sweden and 24 abroad.

The new business is reorganized into three business units: special polyols and solutions, advanced chemicals and animal nutrition. In addition, the company will merge supply chain and operations into a single unit. Perstorp said the move was part of the ongoing transformation. The company recently sold its Capa and bioproducts businesses with the aim of strengthening its balance sheet and releasing resources for future investments.