Oxea to further boost capacities at Texas site

15 January 2013 17:04  [Source: ICIS news]

HOUSTON (ICIS)--Oxea plans to further expand capacities at its site in Bishop near Corpus Christi, Texas, the Germany-based oxo intermediates and oxo derivatives producer said on Tuesday.

The expansion would add significant volumes, beyond already announced capacity increases for potassium formate and trimethylolpropane (TMP) at Bishop, the company said without disclosing capacity, financial or other details.

Oxea would implement the expansion on the basis of “several innovative continuous processes” it developed, it added.

Potassium formate is used as a component in well-servicing fluids for the extraction of oil and gas and for de-icing, among other applications. 

TMP is a widely used building block for polymers, especially in polyesters and polyurethanes, but is also used in areas such as synthetic lubricants.


By: Stefan Baumgarten
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index