The HP market grows at a steady annual growth rate of 3-5% and is expected to reach 6,4 billion USD by 2024. The biggest usage area of HP globally is paper and paper pulp production .A rare opportunity has arisen to acquire two plants, one in the Middle East, the other in South America.
The Middle Eastern Plant is one of the largest and most reputable producer not only in the Middle East but in the region covering, Balkans, East Mediterranean Basin and to Pakistan in the East. The South American plant is one it is one of the important players in the South American Hydrogen Peroxide Market.
They have been in business for > 15 years and are modern, state of the art manufacturing units.
The parent company wants to concentrate on other areas and has decided to divest these activities.
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