PCG’s Acquisition of Perstorp
Acquisitions are one of the fastest ways to expand businesses and achieve corporate goals. It is even more visible in the case of the Perstorp Group acquisition by PETRONAS Chemicals Group (PCG).
Moreover, PCG has also acquired BRB Group in 2019. With the acquisitions, PCG as well as Perstorp will have a significant gain in the direction of sustainability to achieve the carbon neutrality goal by 2050.
Also, PCG will get a broad spectrum of customers and expertise in the specialty chemical segment. Further, the specialty chemical segment will certainly witness the evolution of bio-based specialty chemicals in the coming years.
News Source: PCG