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 :

Novapex           Novacid


3 production sites


N°3 phenol and oxygenated solvents player in Europe