10 November 2012 23:32 [Source: ICIS news]
RIO DE JANEIRO (ICIS)--Brazil-based ethylene oxide (EO) and surfactants producer Oxiteno is expanding ethoxylation capacity because of customer demand, the CEO of its parent company said on Saturday.
“Our customers – the major soapers and cosmetics companies – are driving demand, and we are expanding to supply their needs,” said Pedro Wongtschowski, CEO of Ultrapar, and also president of the Latin American Petrochemical Association (APLA).
Wongtschowski made his comments on the sidelines of the Latin American Petrochemical Association (APLA) annual meeting.
“We already have a strong position in ?xml:namespace>
Oxiteno currently supplies the
EO is reacted with fatty alcohols to produce surfactants, which are mainly used in the detergents and personal-care markets.
In September 2012, Oxiteno announced $92m (€73m) of investments to expand ethoxylation capacity by 100,000 tonnes/year in the
In April 2012, Oxiteno acquired a specialty chemicals plant in
The plant has a capacity of 32,000 tons/year, and operations should start in 2013, Oxiteno said.
Oxiteno’s latest acquisition, the $74m purchase of American Chemical, the largest chemical firm in
“This complements our line of products and will supply the markets in
“Right now we ship some of the same products from
Oxiteno has no need to expand EO capacity, said Wongtschowski.
“We recently expanded EO capacity in
The APLA conference ends on Tuesday.
($ = €0.79)
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