Gujarat : Swedish MNC Perstorp India commissioned State of the art Penta Plant in Bharuch

Bharuch : The Indian arm of Swedish MNC Perstorp India has commissioned it’s new state-of-the-art technology plant on February 20, at Sayakha GIDC Estate near Bharuch. The plant will manufacture Pentaerythritol and its ancillary ISCC Plus certified quality products products to meet the demand of Asian market including India.An MoU was signed with the Government of India in year 2016 as part of Prime Minister Narendra Modi’s Make in India Vision.

This is the largest investment in Asia so far, in Perstorp’s history said Ib Jensen, CEO Perstorp. The plant will produce 40,000 metric tonnes of pentaerythritol and 26,000 metric tonnes of calcium formate, an important raw material for the tilee addtive and animal feed /industries.

“The new plant will further strengthen Perstorp’s position as a sustainable and reliable partner in the Asian region,” said Gorm Jensen, Perstorp’s Executive Vice President Commercial & Innovation “The Sayakha site is strategically located close to ports, rails and roadways. This will help to ensure that Perstorp can supply products effectively throughout India and across all of Asia.”

In Sayakha Perstorp will produce a Penta product mix that includes renewable-based, ISCC PLUS-certified grade, Voxtar™, as well as offering Penta Mono and Calcium Formate. The plant will use renewable sourced raw materials as well as use a hybrid source of electricity. The products offering will contribute to reducing the carbon footprint.

Vinod Tiwari, Managing Director Perstorp India, said that the plant will employ 120 people and will help to reduce lead time for our customers. Under CER initiatives, the company has planted approximately 2.25 lakh mangroves in 90 hectares of land near Ambetha village of Vagra taluka and also installed solar streetlights in the surrounding rural areas even before the plant goes into production.

On the occasion Consulate General of Sweden in India Sven Otsbarg, High Commissioner of Malaysia to India Dato Mustufa, Collector Tushar Sumera, MLA Arunsinh Rana were present.