Oxea

Oxea's Board of Directors approved a capacity increase investment for TCD Alcohol at its Oberhausen, Germany site. The additional capacity is expected to be available by the second half of 2021.

Oxea will build a new world-scale production plant for carboxylic acids in Oberhausen, Germany. The plant will double current production capacity for isononanoic acid and increase total carboxylic acid capacity by over 30%.

Oxea will expand output at its neopentyl glycol plant in Oberhausen, Germany, by 2020, citing growing demand for powder coatings and polyester resins.

Oxea partnered with a German company to produce dioctyl terephthalate (DOTP) in Europe. A modular DOTP production unit will be built at the partner's site in Germany, with Oxea supplying 2-ethylhexanol and marketing the product. Capacity will reach 60,000 metric tons per year by 2019.

Oxea has started construction of a new world-scale propanol unit at its Bay City, Texas site. The unit will add capacity of 100,000 mt/year of propanol and 40,000 mt/year of propionaldehyde, and is scheduled to come on stream in 2018.

Oxea successfully concluded an upgrade of its carboxylic acids production facility in Oberhausen, Germany.