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Oxea closer to complete carboxylic acid production plant
OXEA started in March 2007 as a buyout of Oxo businesses from two international chemical companies.
30-Apr-2013
New Plants and Investments
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 carboxylic acids production capacity by another 40%. The plant, named “Carboxylic Acids 3”, is Oxea’s fifth production plant for carboxylic acids world-wide.
OXEA is a world leader in Oxo chemicals
OXEA started in March 2007 as a buyout of Oxo businesses from two international chemical companies.
With a production capacity of over 1.3 million tons per annum and sales of about €1.5 billion we are producing more than 70 Oxo chemicals for customers in a wide range of industries with various end market applications.
Oxo chemicals are the core competency of OXEA; we produce Oxo Intermediates and Oxo Derivatives. We are #1 respectively #2 globally in products like Aldehydes, Alcohols, Esters and have the broadest product portfolio and the largest capacity in Carboxylic Acids. Apart from these product groups we are also the sole manufacturer of some special Aldehydes, Diols, Specialty Esters and Olefin Derivatives. Some of our products are tailored for specific customers' individual needs.
OXEA is considered to be the technological and market leader in most of its product segments.
OXEA is a Portfolio-Company of Advent International.
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