Oxea expands higher alcohols portfolio with Germany investment

08 August 2012 11:41  [Source: ICIS news]

LONDON (ICIS)--Oxea will invest in additional hydrogenation capacities at the group’s Oberhausen site in Germany in order to expand its product portfolio of higher alcohols, the global oxo chemicals company said on Wednesday.

Higher alcohols are components used in the fragrance and flavour industry, and required for the production of varnish, paint and lubricant additives.

Investment and capacity details were not disclosed.

In the third quarter of 2012, the product n-heptanol will be commercially available, followed by 3-methyl butanol, 2-methyl butanol and n-pentanol, Oxea said.

“With our new products, we are meeting the globally increasing demand for higher alcohols,” said Christoph Balzarek, global marketing manager for amines & oxo specialties at Oxea.

“Our new special alcohols ideally supplement our value chain, since they are manufactured from precursors that are also produced by Oxea. This backward integration allows for a high level of production efficiency,” said Miguel Mantas, responsible for sales and marketing on Oxea’s executive board.

“Therefore, increasing our hydrogenation capacities in Oberhausen is an important part of our successful strategy to expand into attractive growth markets,” he added.

By: Franco Capaldo
+44 (0)20 8652 3214

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