Perstorp has formed an extended distribution agreement with Oxiquim Quimica Ltda. in Brazil. As of Q1 2012, Oxiquim Quimica Ltda will be responsible for distributing the wider range of Perstorp's products for the coating resins market with the main focus being on Perstorp's various polyalcohols such as pentaerythritol, trimethylolpropane and neopentyl glycol. The collaboration with Oxiquim Quimica Ltda will complement Perstorp's own sales force in serving small and mid-sized coating resin producers in Brazil.