29 April 2013 10:46 [Source: ICIS news]
LONDON (ICIS)--Oxea has mechanically completed the construction of a new carboxylic plant at its production site in Oberhausen, Germany, as part of an expansion project resulting from the continued growth in demand for synthetic fatty acids, the global oxo-chemicals producer said on Monday.
The company added that work is now underway to prepare for the start of operations.
Once commissioned, the new facility will boost Oxea's global carboxylic acids production capacity by another 40%, it said. Oxea did not disclose detailed capacity figures for its output of carboxylic acids.
The plant, named “Carboxylic Acids 3”, is Oxea’s fifth production plant for carboxylic acids world-wide.
“The growing global demand for synthetic fatty acids in segments such as energy-efficient lubricant esters and specialty phthalate-free plasticisers is the main driver behind our ongoing capacity increases,” said Miguel Mantas, responsible for sales and marketing on Oxea’s executive board.
“Our new plant will be instrumental in helping Oxea meet this rising demand. It further strengthens our position as the global leader and the supplier of the broadest carboxylic acids product portfolio overall,” he added.
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