Oman Oil owned Oxea plans to open Texas propanol unit in ''17

10/7/2015 12:48:40 PM

(MENAFN- Muscat Daily)Muscat-

In a move to better serve its customers in North and Latin America global chemical firm Oxea owned by Oman Oil Co said it is continuing with the detailed engineering for a propanol unit at its production plant at Bay City in the US state of Texas.

The new unit is scheduled to come on stream in late 2017 Oxea said in a recent statement on its website. It added the key elements of the detailed engineering work would also be utilised for the construction of Oxea's future Asian oxo chemicals platform in Duqm.

Propanol is used to manufacture products such as cosmetics and pharmaceuticals printing inks coatings and adhesives.

'Oxea is a leading merchant supplier of oxo products such as alcohols aldehydes and acids. We continue to significantly invest into our production platforms especially for propanol to support the growth of our customers and meet the rising demands of the markets' said Miguel Mantas member of Oxea's executive board.

Dr Martina Floel spokesperson for the Oxea executive board who is also responsible for production and technology said 'The new facility for propanol in North America not only supports our strategy of growing the business and enhancing the efficiency of our operations it also emphasises our confidence in the competitiveness of the US petrochemical industry.'

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