OXEA ANNOUNCES FEASIBILITY STUDIES FOR WORLD-SCALE CARBOXYLIC ACID PLANT

Oxea GmbH is moving forward in studying the feasibility of a new world-scale production plant for the manufacturing of carboxylic acids. At the same time, the company is also implementing measures to further improve and debottleneck its manufacturing processes at its existing carboxylic acid production units. Carboxylic acids are used in the production of synthetic lubricants and as building blocks for the animal feed industry. To support customer growth over the next few years, Oxea is investing in short and medium-term capacity expansions. For 2019 in particular, Oxea will double its historical production capacity of isononanoic acid. The company will continue improving and debottlenecking manufacturing processes at its five existing carboxylic acid production units in 2020 in preparation for the goal of bringing a sixth world-scale production plant on stream in 2021.