DGAP-News: Oxea GmbH: Oxea completes new carboxylic acids production plant
(firmenpresse) - DGAP-News: Oxea GmbH / Key word(s): Miscellaneous
Oxea GmbH: Oxea completes new carboxylic acids production plant
29.04.2013 / 11:00
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Oxea completes new carboxylic acids production plant
Oberhausen, April 29, 2013 - The chemical company Oxea has mechanically
completed its new carboxylic acids plant in Oberhausen, Germany. After a
construction period of fifteen months, work is now underway to prepare for
the start of operations. Oxea expects the new state-of-the-art plant to go
on stream soon and be able to manufacture products to specification in
short. Once commissioned, the new facility will boost Oxea's global
carboxylic acids production capacity by another 40%. 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 plasticizers
is the main driver behind our ongoing capacity increases. 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,' commented Miguel
Mantas, responsible for Sales and Marketing within Oxea's Executive Board.
'The completion of our latest plant marks another great milestone for Oxea.
We made full use of our proprietary advanced technology and have applied
our profound experience derived from our carboxylic acids plants at
Oberhausen, Marl, and Bay City to the planning and construction of our new
facility. In line with Oxea's sustainability program, we successfully
implemented additional measures at our new plant to further optimize heat
recovery, the use of energy and to reduce overall waste,' said Dr. Martina
Flöel, spokesperson for the Oxea Executive Board and responsible for
Operations and Technology.
Oxea is a global manufacturer of oxo intermediates and oxo derivatives,
such as alcohols, polyols, carboxylic acids, specialty esters, and amines.
These products are used for the production of high-quality coatings,
lubricants, cosmetics and pharmaceutical products, flavorings and
fragrances, printing inks and plastics. In 2012, Oxea generated revenue of
about EUR 1.5 billion with its 1,406 employees in Europe, the Americas and
Asia. For more information, visit www.oxea-chemicals.com.
Press contact:
OXEA GmbH, Otto-Roelen-Str. 3, D-46147 Oberhausen
Birgit Reichel, Phone +49 (0) 208-693-3112, Fax +49 (0) 208-693-3101
birgit.reichel(at)oxea-chemicals.com, www.oxea-chemicals.com
End of Corporate News
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29.04.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Oxea GmbH
Otto-Roelen-Straße 3
46147 Oberhausen
Germany
Phone: +49 (0)208 693 3100
Fax: +49 (0)208 693 3101
E-mail: info(at)oxea-chemicals.com
Internet: www.oxea-chemicals.com
ISIN: XS0523636594
WKN: A1AY4T
End of News DGAP News-Service
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208789 29.04.2013
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Datum: 29.04.2013 - 11:00 Uhr
Sprache: Deutsch
News-ID 253664
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