NEWS FEED & ADDITIVE MAGAZINE June 2022 91 Novus International Inc. has introduced the Scale Up™ program to help pork producers deliver on their specific business goals. Each stage of a pig’s life comes with its challenges, and pork producers have the task of meeting those challenges head-on to support the optimal health and welfare of the pig. Created to meet the demands of today’s pork producer, the Scale Up™ program delivers science-based nutrition solutions to optimize production at every stage of a pig’s life, helping each animal meets its genetic potential. Scale Up™ is backed by XpertLink, an extensive network of leading industry experts, covering topics from nutrition, management, health, feed manufacturing, and meat quality. Novus International will launch the Scale Up™ program at World Pork Expo, June 8-10 in Des Moines, Iowa. World Pork Expo attendees can stop by the Novus hospitality tent (G272) to learn more how Scale Up™ uses the science behind Novus’ solutions along with XpertLink to create practical solutions to meet production efficiency goals. Novus’ hospitality tent is open to the public from 8 a.m. to 5 p.m. on June 8 and 9, and 8 a.m. to 1 p.m. on June 10. Novus International launches Scale Up™ program Novus International, one of the leading companies in nutrition and health solutions for the animal agriculture industry, has launched Scale Up™. PETRONAS Chemicals Group Berhad (PCG) announced that it has signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB. The agreement was signed with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm. Jan Secher, President and CEO of Perstorp said, “We are excited to become part of the PETRONAS family. I see a strong commonality in values and priorities for how to take our respective businesses forward, meeting the challenges and opportunities of the future. By tapping into PCG’s strength and market leading position in the Asia Pacific region, we are confident that Perstorp can continue to develop into its next phase of growth. Being part of PCG means Perstorp gets the scale to increase the pace of innovation and accelerate our sustainable transformation, which is at the forefront of the chemical industry. PCG’s and Perstorp’s businesses complement each other very well.” “Perstorp is an outstanding strategic fit for PCG and enables us to participate in attractive end-markets such as paints and coatings, construction, plastic additives, personal care and food, feed & nutrition, paints and coatings that share a robust growth outlook. This acquisition will also provide us critical talent, know-how, technological platforms and proven customer channels to address the pressing needs of the market for more eco-friendly and sustainable solutions,” said PCG Managing Director and CEO, Ir. Mohd Yusri Mohamed Yusof. PETRONAS to acquire Perstorp Group for €2.3 billion Malaysia-based PETRONAS Chemicals Group Berhad (PCG) signed a Securities Purchase Agreement to acquire the entire equity interest in Sweden-based Perstorp Holding AB at an enterprise value of EUR 2.3 billion.
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