Innovation summit on formulation technology Challenges and opportunities Stefan Lundmark. MATERIALS BUSINESS CENTER STUDIO, Malmö January 19, 2017
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1 Innovation summit on formulation technology Challenges and opportunities Stefan Lundmark MATERIALS BUSINESS CENTER STUDIO, Malmö January 19, 2017
2 Challenges and opportunities Formulation is the science and art of combining a set of ingredients into a designed product with specific quality and functionality. Disciplines, knowledge areas, technology platforms, and implementation Surface and colloid chemistry, materials science, polymer technology, analytical chemistry Emulsions, self-assembly, responsive systems, surface interactions Particle engineering, pickering emulsions, nanocellulose Paint, formulated food, pulp and paper formulations, drug and feed formulations, composites 2 24
3 A broad range of products Our products enable key properties in a broad range of products across attractive, growing market segments and end-markets shatterproof windshields (2-EHA) natural freshness in breads & cheeses (Profina ) paint made from renewable raw materials and energy (Voxtar ) smooth finish on leather (Bis-MPA) scratch-resistant coatings for plastics in handheld electronics (Di-Penta) durable appliance surfaces (BEPD) performance skateboard wheels (Alkoxylate 3990) toe & heel counter reinforcement in shoes (Capa ) intumescent coatings to provide safety in public buildings (Charmor ) additives that protect grain and grass feed during storage (ProMyr TM and ProSid TM ) lubricants for air conditioners that do not damage the ozone layer (Penta and 2EHA) environmentally friendly and safe drilling muds (Potassium Formate) 9
4 Perstorp in brief World leader in several sectors of the specialty chemicals market Pioneer in formalin chemistry, plastics and surface materials Since December 2005 controlled by PAI partners, a leading European private equity company In 22 countries and production plants in Europe, Asia and North America Sales offices in all major markets 4
5 Did you know? 5
6 Did you know that there are more than 15 kg of Perstorp products in a new car? Click on the picture to watch the movie 25
7 Group structure & customer overview Business Areas 65% Used In Footwear, automotive & plastics OEM coatings & additives Grain & silage preservation Additives for animal feed & drinking water Biodiesel (blended & pure) Decorative & industrial coatings Radiation-cured resins Used In TMP & Neo Polyols Powder coatings Radiation-cured & other industrial coatings Oil drilling Leather tanning De-Icing Specialty Polyols Used In Used In Feed & Food Used In Business Units Penta 10% BioFuels Used In Innovative plasticizers Products for synthetic lubricants, cleaning & more BioProducts 25% Caprolactones Used In Oxo Specialities & Solutions Used In Advanced Chemicals & Derivatives Industrial coatings Printing inks Fire protection Polymer additive Formates % Denotes proportion of Group Sales, Q
8 Our market segments Adhesives Coatings Feed & Food BioProducts Plastic Material Resins Synthetic Lubricants Complementary 17
9 Adhesives Securing surface-to-surface success Perstorp s comprehensive portfolio allows adhesive producers to improve and finetune the properties of their hot-melt and liquid PU adhesives. Our product toolbox solves key adhesive requirements across a broad spectrum of market applications, such as in packaging, transport, shoes, metal, electronics and construction. Sub segments within Adhesives Hot-melt adhesives, Liquid PU adhesives, Shoe counters Leading Perstorp products & technologies Capa Lactides delivers major benefits in hot-melt adhesive applications 9 18
10 Coatings Winning coating formulas for added performance & sustainability The essence of Perstorp s offer for coating formulators is to create safer and more sustainable solutions. Our aim is always help you to reduce the use of solvents, and extend the life of coatings. In this way you can contribute to the improved sustainability of coatings for a better environmental profile, and help to reduce maintenance and servicing costs. Sub segments within Coatings Coalescing agents, Components for cationic UV, Intumescent components, Polyols for 1K and 2K components Leading Perstorp products & technologies Capa Charmor NX795 Boltorn 10 19
11 Feed & Food Healthy animals and healthy food Improving nutrient content, inhibiting mold growth, antibacterial treatment and aiding digestion are just a few of the benefits of the feed additives, ensiling agents and preservatives from Perstorp. Together they boost the productivity and quality of meat, milk and egg production. Sub segments within Feed & Food Aquaculture, Feed hygiene, Feed preservation, Food, Pets, Poultry, Ruminants, Silage preservation, Swine Leading Perstorp products & technologies ProPhorce ProSid ProMyr ProFare ProTain Profina 20
12 Fuels Better fuel, better environment, better future There is a strong trend towards a sustainable society, leading to a fast growing market for biofuels. Perstorp offers solutions for both renewable fuels as well as fuel additives that are reducing the health effects on diesel engine exhaust. Perstorp is today the leading supplier of biofuels in Scandinavia. Sub segments within Fuels Fuel additives, Fuels Leading Perstorp products & technologies Verdis Polaris Aura Verdis Polaris Flora Verdis Polaris Vintra BioCaleo 2-EH 12 21
13 Plastic Materials Innovative polymer chemistry that builds a better world Perstorp provides focused and innovative chemistry related to polymers in polyurethane, PVC and polyesters. We are a strong leader in the plastic materials areas that we focus on, and have a proven record of innovation related to helping compounders and converters to produce safer, more sustainable high performance plastics. Sub segments within Plastic Materials Bioplastics, Heat resistant plastic, Plasticizers, Polymer additives, Polyurethane elastomers, Safety glass, Thermoplastics Leading Perstorp products & technologies Emoltene 100 Pevalen Capa Akestra Holtac 2-EHA 2-EH 13 22
14 Resins Building blocks for sustainable resin development Perstorp is a world leader in the supply and development of building blocks for different kinds of resins. Our best-in-class Penta, TMP, Neo qualities provide the most robust and efficient resin production for durable and more sustainable coating resins. Sub segments within Resins Alkyd resins, Liquid polyester resins, Paint additives, Polyurethane dispersions, Powder polyester resins, PU crosslinkers, Unsaturated polyester resins, UV-curable resins and monomers Leading Perstorp products & technologies Di-Penta Penta Voxtar Neo TMP 2-EHA Capa Ymer Boltorn 23
15 Synthetic Lubricants Essential intermediates ester lubricant base stock Perstorp is the global leader in producing essential intermediates for the development of Group V polyol ester base stock for synthetic lubricant manufacturing. Our neopolyol portfolio is second to none and we are the only supplier offering a complete range to choose from. Sub segments within Synthetic Lubricants Synthetic lubricants Leading Perstorp products & technologies 2-EHA Voxtar Di-Penta Penta Neo TMP 15 24
16 Innovation Neopolyols Oxo Caprolactone Others/new platform Sustainable coatings Sustainable materials Sustainable agriculture Lubricants Process & Raw Materials 16
17 Challenges and opportunities Examples of Innovation areas for Perstorp technologies, products, and applications Plasticizers Intumescent coatings Silage formulations Deicers Hotmelt adhesives Bioplastics Thermoplastic compounds Biodiesel and fuel additives Heat storage Synthetic lubricants Mould inhibitors Mycotoxin inhibition Additive manufacturing/3d printing Fertilizers Food and feed formulations 17 24
18 Value proposition STEPS
19 Project status STEPS Consortia, 45 MSEK from MISTRA
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