Johnson Matthey expands the formaldehyde factory in Sweden – Kemiteknik
December 6, 2022 | By Mary Bailey
Johnson Matthew plc (JM; London) has announced the expansion of its manufacturing facility in Perstorp, Sweden, to meet the growing demand for formaldehyde – a versatile building block used in various everyday products. The expansion, which will be operational by the end of March 2024, will increase the site’s capacity by approximately 50%.
Formaldehyde is an important component used in applications in many industries. It is used to produce biodegradable plastics and building components such as resins and glues for wood products, as well as paints, pharmaceuticals and seat belts and windscreen wipers in the automotive sector.
The increasing demand for formaldehyde has been partly driven by the chemicals market in China where new legislation has been introduced to phase out the use of single-use plastics by 2025.
Alberto Giovanzana, CEO of Catalyst Technologies at Johnson Matthey said: “By expanding our Perstorp facility, we will be best placed to meet the global demand for this versatile chemical and ensure that the team at Perstorp can continue to supply its customers around about the world. world.”