Saturday, 20 February 2016

Perstorp plans world scale pentaerythritol plant in India

Perstorp said on Friday that it has signed a memorandum of understanding with the Maharashtyra Industrial Development Corp. to evaluate investment in a world scale plant for the production of pentaerythritol (penta) in India. The company has been participating in the ‘Make in India’ event, promoting investments in the country. Perstorp says that the market for coatings is growing fast in India and building a world scale production plant would be an important part of Perstorp’s ambitious plan to strengthen the position in the Asian Market.

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