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Group to establish satellite production units in Asia and the Americas to be closer to customers.
November 13, 2018
Perstorp Group recently announced that it is investing more than 14 million euros in its Feed & Food Business Area, with the goal of boosting next-generation solutions for gut health and preservation.
Executive vice president Roger Mann said, "Consumer demands favor next-generation solutions such as the ones we provide. Perstorp has seen this potential. Enlarging our presence allows us to meet these demands."
Investing in Feed & Food was a society-driven decision, Mann explained, adding, "Growing world population and increasing protein consumption require next-generation solutions. Taking ownership of your health is a trend we see worldwide. People want to know what is on their plate, how their food is made, how the animals were treated and if they were raised antibiotic free. By investing in Feed & Food, we want to contribute to a sustainable world for future generations."
To ensure global availability, Perstorp Feed & Food will establish new production units in Asia and the Americas, the announcement said.
"This way, we can offer a faster, more robust and flexible supply chain. By strategically strengthening and expanding Feed & Food, we can keep offering next-generation solutions all around the world," Mann said.
Feed & Food is also doubling the number of employees in research and development, regulatory affairs, supply chain, operations, marketing and sales, Perstorp said.
The company said its plant in Waspik, Netherlands, will be at the core of the business area and home to many of the new colleagues. An ambitious investment program for the site has been cleared to increase office space, laboratories and production capacity.
Sweden-based Perstorp is a global player in several sectors of the specialty chemicals market for a wide variety of industries and applications. In Feed & Food, Perstorp provides key raw materials, such as propionic acid and formic acid as acidifiers, preservatives, antibacterial agents and as silage additives.
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