Oxea raises syngas capacity by 10% at Texas plant
Global chemical producer Oxea has increased its manufacturing capacity for syngas by 10% at its plant in Bay City, Texas, it said on Monday, seeking to further optimize its value-adding chains and boost product availability.
Syngas is the main precursor for the production of oxo intermediates and oxo derivatives, which are used in high-quality coatings, lubricants and cosmetic and pharmaceutical products.
Oxea’s Bay City plant is a large world-scale facility for oxo chemicals, synthetic fatty acids, and acetate esters.
“At the current high demand for our oxo products, greater product availability will further lead to an improved level of service and supply security for our customers, both now and in the future,” said Miguel Mantas, executive board member for marketing and sales.
“In doing so, Oxea is strengthening its leading global market position,” Mantas added.
“Thanks to our extensive technological know-how and our experienced teams from engineering and production, this capacity expansion was implemented quickly and cost-effectively,” said Dr. Martina Flöel, spokesperson for the executive board and among others responsible for global operations.
With this capacity expansion in the US, Oxea follows its strategy to further position itself in the dynamic growth market of oxo-intermediates and oxo-derivatives, it said.
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