The Bay City plant is a world-scale facility for oxo chemicals, synthetic fatty acids and acetate esters.
The company said with the capacity expansion in the US, it follows its strategy to further position itself in the dynamic growth market of oxo-intermediates and oxo-derivatives.
Oxea executive board member for marketing and sales Miguel Mantas said at the current high demand for the company’s oxo products, greater product availability will further lead to an improved level of service and supply security for its customers, both now and in the future.
Syngas is the main precursor for the production of oxo intermediates and oxo derivatives, which are used in high-quality coatings, lubricants and cosmetic and pharmaceutical products.
