Oxea starts contruction of oxo derivatives plant in China

OBERHAUSEN, GERMANY: Oxea Advanced Derivatives first oxo derivatives plant in Nanjing Industrial Chemical Park, China, has successfully passed the planning stage and construction is under way. Oxea expects its new Nanjing plant to be mechanically complete at the end of 2013. The new state-of-the-art production site will serve the fast-growing demand for oxo derivatives in China and Asia.

“China is the main growth engine for the Asia-Pacific region. Thanks to the favorable strategic location of our new plant we will be able to better serve our customers in the region and at the same time further strengthen Oxea’s leading global market position. Initially the Oxea Nanjing plant will produce specialty esters, phthalate-free plasticizers and other oxo derivatives for the local market. But we already have plans for new investments into the plant - along with sufficient space and resources to implement future expansions at Nanjing,” said Miguel Mantas, Member of the Executive Board, Marketing and Sales, Oxea.

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