Perstorp Group noted that volumes are recovering without inventory rebuilding.

As a leading innovator in specialty chemicals, we understand that the smallest details can have the greatest impact. By harnessing nature’s tiniest building blocks, we advance everyday life by making it safer, more convenient and more environmentally sound for billions of people worldwide. Focusing on the global Resins & Coatings, Engineered Fluids, Advanced Materials and Animal Nutrition markets, our innovative solutions provide essential properties for products used everywhere, every day. Perstorp’s specialty chemicals make vital contributions to industries that touch every part of life: from coatings that shield bridges and buildings from rain, to the sustainable plastics in your phone, additives that improve waterborne systems and reduce environmental impact. Building on more than 140 years of experience, Perstorp provides essential properties for products everywhere, in homes, offices, cupboards, electronics and communities all over our planet. Our products can be found in everything – from your car and mobile phone to towering wind turbines and the local dairy farm. Put simply, we work to make good products even better, with a clear sustainability agenda. Perstorp is since 2022 a wholly owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of PETRONAS Group. Perstorp has approximately 1,500 employees worldwide and manufacturing facilities in Europe, North America and Asia.