Oxea Invests in Fatty Acids

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Oxea has completed the first phase of a three-stage capacity increase at its carboxylic acid production units in Oberhausen, Germany, adding five percent to its global capacity. Total capacity was not disclosed.

Upon the entire projects completion, scheduled for the end of 2011, Oxea will have boosted its global capacity by 20 percent.

With our capacity increase we are responding to the growing demand for synthetic fatty acids, in particular in segments such as energy-efficient lubricant esters and specialty phthalate-free plasticizers, said Miguel Mantas, Oxeas executive board member for marketing and sales. Oxeas significant investment in carboxylic acids, which goes beyond mere debottlenecking of existing equipment, illustrates our commitment to the synthetic fatty acid market.

Oxea has also kicked off a second-phase project to add additional carboxylic acid production capacity beyond 2011, according to Martina Floel, executive board member for production and strategy.

Carboxylic acids are chemical intermediates in a variety of applications, including production of lubricants and drying agents for coatings and paints.

Oxeas Oberhausen industrial complex is about 1.2 million square feet in size, and has more than 1,000 employees.

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