09 December 2013 23:45 [Source: ICIS news]
HOUSTON (ICIS)--Elekeiroz has acquired an oxo-gas plant in Bahia from US-based Air Products, the Brazil-based oxo-alcohols producer said on Monday.
The plant will provide feedstock for the company's oxo-alcohol production, which includes butanol, octanol and 2-ethyl hexanoic acid, Elekeiroz said.
According to Elekeiroz, total investment for acquiring the plant is Brazilian reais (R) 70m ($30m, €22m).
The company already produces oxo-gas at its site in Camacari.
($1 = €0.73, $1 = R2.32)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections