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Following the acquisition of Arkema's 50% share of Oxochimie, INEOS Oxide will invest in units to produce oxo chemical derivatives including 2-ethyl hexanoic acid and polyalcohols. The site is likely to be in Belgium, Germany or France.
“This is a significant growth project for INEOS. This new range of oxo derivatives complements our existing product offering and builds on our recent acquisition of Oxochimie.”coatingsworld.com
Summarized from public sources; check the original articles before acting on it.