Perstorp Holding AB, a leading global innovator in specialty chemicals, has announced the successful acquisition of OQ Chemicals Nederland B.V. from OQ Chemicals GmbH. The transaction, which grants Perstorp full ownership of the Dutch company's production assets, technology, and workforce, marks a significant step in the company’s ongoing growth strategy focused on enhancing its capabilities within the specialty chemicals sector.

Perstorp, which is a wholly-owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), a major player in the Malaysian chemicals industry, confirmed that it had acquired 100% of the shares of OQ Chemicals Nederland. The acquisition solidifies Perstorp's position as a key player in the global specialty chemicals market and further supports its commitment to developing sustainable solutions for a wide range of industries.

The acquisition of OQ Chemicals Nederland B.V. aligns with Perstorp’s long-term strategy of strengthening its portfolio and expanding its presence in high-value markets. The integration of OQ Chemicals Nederland’s production assets and expertise in the specialty chemicals domain is expected to enhance Perstorp’s ability to deliver innovative, sustainable products to its global customer base.

“We are excited to welcome OQ Chemicals Nederland B.V. into the Perstorp family,” said Ib Jensen, President and CEO of Perstorp. “This acquisition further enables our growth strategy and reinforces our focus on the specialty chemicals sector, which is integral to our long-term success. We are also continuing to position Perstorp as a leader in delivering sustainable solutions that meet the evolving needs of our customers.”

The deal will enable Perstorp to leverage OQ Chemicals Nederland's advanced technologies, strengthen its production capacity, and expand its product offerings. In particular, Perstorp plans to utilize the newly acquired assets to enhance its leadership in key product areas such as sustainability-focused chemical solutions, improving the efficiency of its operations and better supporting its customers globally.

Perstorp’s Continued Growth and Innovation

Perstorp’s acquisition of OQ Chemicals Nederland B.V. is part of a broader strategic initiative to increase its footprint in the global specialty chemicals market. The move complements the company's ongoing investments in innovative technologies and sustainable practices, which are central to its operations and corporate values.

With this acquisition, Perstorp enhances its product portfolio and strengthens its presence in the European market, positioning itself for continued growth in both emerging and established markets. The company has consistently focused on expanding its business through strategic acquisitions and partnerships, which enables it to stay at the forefront of the specialty chemicals industry.

About Perstorp

Perstorp Holding AB is a leading innovator in the specialty chemicals industry, delivering high-performance solutions across a wide range of sectors, including automotive, coatings, construction, healthcare, and consumer goods. As a subsidiary of PETRONAS Chemicals Group Berhad (PCG), Perstorp is committed to driving sustainable growth through continuous innovation and the development of environmentally responsible chemical solutions.