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On May 17, Malaysia's Petronas Chemicals Group (Petronas Chemicals Group, Ma Petrochemical) announced that it had signed an agreement with a company under the European private equity firm PAI Partners on May 14, with 3 billion euros (approximately more than RMB 16 billio.
With the acquisition of Perstorp, the company has created a significant portfolio of specialty chemicals and will boost overall earnings, Ma sa.
In 2021, Perstorp will generate sales of approximately EUR 3 billion and EBITDA of EUR 248 milli.
Petronas is a subsidiary of Petronas, and its main business is the production of commodities such as olefins, polymers, methanol and fertilize.
The Swedish specialty chemicals company Perstorp was founded by Wilhelm Wendt in 1881 and has a history of more than 140 yea.
It is reported that this is not the first time that Perstorp shares have been transferr.
