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OBERHAUSEN, GERMANY: Oxea is to build a new production plant, the so-called Carboxylic Acid Plant 3. The plant is slated to be complete in record time this year. The new unit will boost Oxea’s global carboxylic acid production capacity by 40 per cent. This will also have a positive impact on the job situation. The main driver for this capacity expansion is a growing global demand for synthetic fatty acids. They form the basis for manufacturing energy-efficient lubricant esters for environmental friendly refrigeration units such as air conditioners and refrigerators or phthalate-free plasticizers.
“Oxea is the leading carboxylic acids producer. We have the largest production capacity and the broadest product portfolio in synthetic carboxylic acids worldwide. The new unit will provide an additional boost to our capabilities. It will considerably increase Oxea’s supply capacity, improve our flexibility and enhance our ability to support the growth of our customers,” said Miguel Mantas, Executive Board Member responsible for Marketing and Sales, Oxea.
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