Specialty chemicals maker Perstorp manufactures a number of chemical products for the aerospace, marine, coatings, textile, and electronics sectors. Its coatings intermediates products include polyols used in coatings for appliances, autos, and wood. The Oxo intermediates segment makes monomers and plasticizers, and the performance chemicals division manufactures sodium formates used by the leather and textile industries. Subsidiary Formox serves the formaldehyde manufacturers by designing and building plants and providing catalysts for the production process. Perstorp operates in Asia, Europe, and North and South America. European investment firm PAI Partners owns Perstorp.