Oxea Plans to Substantially Expand Production Capabilities for Carboxylic Acids

In view of the surging demand, the global chemical company Oxea plans to
significantly expand its supply of carboxylic acids in the short to
medium term. To this end, the company is already evaluating various
strategic options for its worldwide production sites to be able to
reliably meet global market demand in the future as well. Carboxylic
acids from Oxea are used, among other things, for the production of
synthetic lubricants, to improve feed hygiene or as building blocks for
antibiotic-free feed additives.

“The market segments in which customers use our carboxylic acids offer
exciting development opportunities. Isononanoic acid, for example, is an
important component in the production of high-performance synthetic
lubricants for environmentally friendly refrigeration systems. Due to
strict environmental protocols and regulatory requirements, the demand
for such synthetic lubricants has increased rapidly worldwide,"
commented Dr. Ina Werxhausen, Global Commercial Business Director
Acids & Esters Value Chain of Oxea. "As one of the worldwide market
leaders for synthetic carboxylic acids, Oxea already offers a broad and
differentiated product portfolio. To further support the growth of our
customers, we analyze the markets and include their development in our
production planning,” she continued.

“n-Butyric acid AF (animal feed grade) is important for our customers in
the animal feed industry. They use the salts and esters of our butyric
acid to formulate animal feed for aquaculture, poultry, pigs and
ruminants, which is free of antibiotic performance enhancers. Consumers'
awareness of such issues has risen sharply,” explained Svea Meuser,
regional Commercial Business manager with Oxea.

“The market for carboxylic acids is an important part of Oxea’s
business. The sustained strong demand encourages us to invest
significantly in the strategic expansion of our production capacities
for carboxylic acids. With our investments, we support the market
growth, and we will be able to reliably supply our customers both today
and in the future,” said Dr. Oliver Borgmeier, Oxea’s Executive Vice
President Global Operations.

Carboxylic Acids Production Unit in Oberhausen, Germany:

https://www.oxea-chemicals.com/presse/CS3.jpg

About 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. Oxea employs more than 1,400
people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a
commercial company wholly owned by the Government of Oman. Established
in 1996, it pursues investment opportunities in the wider energy sector
both inside and outside Oman. OOC plays an important role in the
Sultanate's efforts to diversify the economy and to promote domestic and
foreign investments. For more information about Oxea, visit www.oxea-chemicals.com

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