Oxea Optimizes Product Portfolio and Increases Production Capacity

20-Dec-2007

OXEA announced the introduction of improved manufacturing processes resulting in higher product yields. At the same time, the company is increasing its production capacity for individual products by up to 50 percent. As a result, Oxea will be even better equipped to meet the growing global demand for products such as carboxylic acids and NPG (neopentylgylcol), according to the company. The company has now successfully completed the first optimization phase for its product portfolio. Oxea's goals are to expand into high-growth markets and optimize its own value chain and product portfolio.

A modified operation mode in its Oxo production facilities enables Oxea to produce higher quantities of NPG raw material in Oberhausen than before. At the same time, NPG capacity will increase gradually by up to 50 percent. Oxea has also significantly expanded its carboxylic acid capacity by tailoring the manufacturing programs of its individual units to the products which the units are best suited to producing.

"Through our measures, we were able to meet the surging demand of the world market at very short notice. In addition to expanding our current NPG production, we have commissioned feasibility studies for additional NPG production in other regions," said Miguel Mantas, the member of the Executive Board of Oxea who is responsible for sales and marketing. "We will continue to support our customers in their growth."

NPG (neopentylgylcol) is an essential component of modern, environmentally friendly paints. Carboxylic acids are used mainly in high-performance lubricants, in safety glass, in additives for plastics and paints, as well as in the flavor and fragrance industry.

https://www.chemeurope.com/en/news/75987/oxea-optimizes-product-portfolio-and-increases-production-capacity.html