08 March 2011 14:00 [Source: ICIS news]
LONDON (ICIS)--Oxea will build a new carboxylic acids unit at its production site in ?xml:namespace>
Oxea said that the unit, which will come on stream by late 2012, will increase its global carboxylic acids production capacity by an additional 40%.
Oxea did not disclose detailed capacity figures for its output of carboxylic acids.
In December 2010, Oxea said that it had completed a capacity expansion at existing carboxylic acids units at the
“The new unit will come in addition to our ongoing capacity increases this year. It will considerably increase Oxea’s supply capacity, improve our flexibility and enhance our ability to support the growth of our customers,” said Miguel Mantas, who has responsibility for marketing and sales within Oxea’s executive board.
The main driver for the capacity increases is a growing demand for synthetic fatty acids in segments such as energy-efficient lubricant esters and specialty phthalate-free plasticizers, Oxea said.
Carboxylic acids are oxo derivatives used for the production of coatings, lubricants, cosmetics and pharmaceutical products, flavourings and fragrances, printing inks and plastics, Oxea said.
According to ICIS data, Oxea produces 130,000 tonnes/year of butanol, 540,000 tonnes/year of butyraldehyde and 300,000 tonnes/year of ethylhexanol at its
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