Perstorp to invest over €14-mn in feed and food business

Swedish speciality chemicals firm, Perstorp, has announced plans to establish new production units in Asia and the Americas, a move that is in line with the company’s plan to invest in the feed and food business areas. The company’s plan is to focus on boosting next generation solutions for gut health and preservation.

Explaining the business strategy, Perstorp’s Executive Vice President Mr. Roger Mann, said, “Growing world population and increasing protein consumption require next generation solutions. Taking ownership of your health is a trend we see worldwide. By investing in feed & food we want to contribute to a sustainable world for future generations.”

The company’s plant in Waspik, the Netherlands will be the hub of the feed and food business. An ambitious investment programme has been approved for the site to increase office space, laboratories and production capacity. The planned satellite production units in Asia and the Americas will help ensure global product availability for the feed & food business.

The business is doubling the number of employees in R&D, regulatory affairs, supply chain, operations, marketing and sales.

“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,” added Mr. Mann.