05 November 2012 13:04 [Source: ICIS news]
LONDON (ICIS)--Oxea is close to completing a feasibility study for additional downstream plant expansion projects at its oxo-chemicals production facility in Texas, US, the Germany-based producer said on Monday.
In October, Oxea announced it had increased syngas capacity by 10% at its Bay City plant.
Syngas is the main precursor for production of oxo-intermediates and oxo-derivatives, such as alcohols, polyols, carboxylic acids, specialty esters and amines.
The study, which is examining various scenarios to boost the plant’s capacities, is scheduled to be completed in the fourth quarter of 2012, Oxea said.
“There is a continuously growing demand for oxo-chemicals from an increasing number of industries. Oxea’s oxo-alcohols and carboxylic acids, for example, are building blocks for phthalate free plasticizers or energy-efficient lubricants for the manufacturing of environment-friendly cooling systems, and are therefore in high demand,” said Miguel Mantas, executive board member for marketing and sales.
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