20 December 2010 13:36 [Source: ICIS news]
LONDON (ICIS)--Oxea has completed the first phase of a three-stage project to increase carboxylic acid production capacity at its units in ?xml:namespace>
Conclusion of the initial stage has added 5% to its global capacity, Oxea said, and this would climb to 20% on completion of the entire project at the end of 2011. Figures for the company's global capacity were not immediately available.
“With our capacity increase we are responding to the growing demand for synthetic fatty acids in particular in segments such as energy-efficient lubricant esters and specialty phthalate-free plasticisers,” said executive board member Miguel Mantas.
“Oxea’s significant investment in carboxylic acids, which goes beyond mere debottlenecking of existing equipment, illustrates our commitment to the synthetic fatty acid market,” he added.
Oxea’s product range includes oxo derivatives and intermediates such as alcohols, polyols, carboxylic acids, specialty esters and amines.To discuss issues facing the chemical industry go to ICIS connect
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