International. In a move to better serve its North and Latin American customers, global chemical company Oxea announced that it continues to develop detailed engineering for a propanol unit at its world-scale production facility located in Bay City, Texas.
The unit is scheduled to become operational by the end of 2017. Key elements of the work will also be used for the construction of Oxea's future Asia Oxo chemical platform in Duqm, Oman.
"Oxea is a merchant supplier of Oxo products such as alcohols, aldehydes and acids. We continue to invest significantly in our production platforms, especially for propanol, to support the growth of our customers and meet the growing demands of the markets," said Miguel Mantas, Member of the Executive Board of Oxea and Responsible for Marketing and Sales.
"The new propanol facility in North America is not only compatible with our business growth strategy and improving the efficiency of our operations. It also emphasizes confidence in the competitiveness of the U.S. petrochemical industry and reinforces our commitment to the Latin American and North American market," said Dr. Martina Floel, spokesperson for the Oxea Executive Board, who is also responsible for Production and Technology.
