Oxea has completed the planning stage for
its first oxo derivatives plant in Nanjing Industrial
Chemical Park, China, and construction is underway, the
company said on Thursday.
Oxea expects its new Nanjing plant to be mechanically complete
at the end of 2013.
The new production site will serve the fast-growing demand for
oxo derivatives in China and Asia, according to the
Oxo derivatives are key ingredients and are used in nearly all
sectors of Chinas economy, including automotive, construction, cosmetics,
pharmaceutical and personal care products.
China is the main growth engine for the Asia-Pacific
region, said Miguel Mantas, Oxea executive board member
for marketing and sales. Thanks to the favorable
strategic location of our new plant, we will be able to better
serve our customers in the region and at the same time further
strengthen Oxeas leading global market
The Oxea Nanjing plant will produce specialty esters,
phthalate-free plasticizers and other oxo derivatives for the
"But we already have plans for new investments into the
plant -- along with sufficient space and resources to
implement future expansions at Nanjing, Mantas
Cristóbal Ascencio, vice president of marketing for
Oxea's oxo derivatives business, addressed the manifold
application areas of specialty esters that will be produced at
Our new plant will allow us to service the booming Asian
market for plasticized PVB film, which is used in safety glass
laminates for automotive, architectural, and decorative glass,"
he said. "And, among others, our specialty esters are
important building blocks for the production of eco-efficient
lubricants for compressors.