Performance Chemicals division
Our Performance Chemicals division is a leading organic chemical intermediates business that specializes in phenol, phenol specialties and a full range of oxygenated solvents (e.g. acetone, isopropanol, isopropyl acetate) and we are a leading Chlorhydric acid distributor.
We have adopted a market oriented business approach in order to facilitate closer relationships with our customers, which include many of the world’s largest companies in their respective industries. Key end-markets include cosmetics & fragrances, pharmaceutical & healthcare, environment, food, automotive, construction and chemical intermediates.
Performance Chemicals is accelerating its strategy of downstream development in high value specialty products. The launch in December 2015 of a new unit for the manufacture of isopropyl acetate marks a new milestone in widening its offering of oxygenated solvents and expanding its range of high-quality specialty products. The division has recently launched several projects to increase the production of its phenol specialty products and to produce a new premium oxygenated solvent due to start in 2017.
Performance Chemicals business model is based on several key value drivers :
- Fully integrated processes
- Cost leadership in catchment area: low transportation costs and secure access to feedstocks and energy
- Highly competitive assets, presence on competitive chemical platforms in Europe and best-in-class continuous improvement results
- Highly cash generative financial profile.
The Performance Chemicals division includes 2 business units :
3 production sites
N°3 phenol and oxygenated solvents player in Europe