EANS-News: Oxea GmbH Oxea delivers first specialty esters produced at its new
unit
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Company Information/Plant Openings
Oberhausen (euro adhoc) - Chemical company Oxea today announced that after a
construction period of approximately one year it has successfully started up its
new unit "Ester 2" for the production of specialty esters in Oberhausen,
Germany. This new facility will boost Oxea's production capacity for specialty
esters by over 50 percent. Oxea is currently producing specialty esters in three
units worldwide, with a fourth being under construction in China.
The specialty esters product range consists of phthalate-free and non-VOC Oxsoft
products such as 3G8, DOA, GPO, TOTM Duo 1 and Duo 2 as well as 3NG810 und
Oxfilm 351. Oxea supplies these products to customers operating in growth
sectors in medical technology, food cling wraps, the automotive industry and
architecture, among others.
"With our new unit, we are addressing the increasing demand for specialty esters
made by Oxea. This successful investment further improves our flexibility and
delivery capacity," said Miguel Mantas, responsible for Sales and Marketing
within Oxea's Executive Board.
"The startup of Ester 2 brings us one big step closer to achieving our strategic
goal. We continue to evolve into a supplier of specialty chemicals and are
investing in our future," said Dr. Martina Flöel, spokesperson for the Executive
Board of Oxea.
Oxea is a global manufacturer of oxo intermediates and oxo derivatives, such as
alcohols, polyols, carboxylic acids, specialty esters, and amines. These
products are used for the production of high-quality coatings, lubricants,
cosmetics and pharmaceutical products, flavorings and fragrances, printing inks
and plastics. In 2011, Oxea generated revenue of about EUR 1.5 billion with its
1,365 employees in Europe, the Americas and Asia. For more information on Oxea,
please go to: www.oxea-chemicals.com.
Further inquiry note:
Birgit Reichel
Tel. +49 (0) 208-693-3112
birgit.reichel@oxea-chemicals.com
end of announcement euro adhoc
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company: Oxea GmbH
Otto-Roelen-Straße 3
D-46147 Oberhausen
phone: +49(0)208 693 3112
FAX: +49(0)208 693 3101
mail: birgit.reichel@oxea-chemicals.com
WWW: http://www.oxea-chemicals.com
sector: Chemicals
ISIN: XS0523636594
indexes:
stockmarkets: Open Market: Frankfurt
language: English