Oxo intermediates and derivatives producer Oxea is concluding its feasibility study of additional downstream plant expansion projects, following the capacity increase of its syngas production facility in Bay City in Texas, USA.

The study is expected to be completed during the fourth quarter 2012.

The project is examining various scenarios to boost the plant’s capacities, as well as the further optimisation of Oxea’s product portfolio at the site.

Oxea’s Bay City plant is a large world-scale facility for oxo chemicals such as oxo-alcohols, carboxylic acids and acetate esters.

“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 among others phthalate free plasticisers 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.

Meanwhile, Dr. Martina Flöel, who is in-charge of Oxea’s Global Operations attributes the company’s success in expansion projects to its advanced technology assets and highly skilled cross-functional teams. “ We have proven many times that we can implement such challenges quickly and cost-effectively,” she said.

(PRA)

Electronic Editions 2012