Posted in | News | Coatings and Thin Films | Chemistry

Global Chemical Firm to Raise Neopentyl Glycol Capacity in Germany

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Jan 20 2011

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The global chemical company Oxea will further strengthen its Oxo-Derivatives portfolio by raising its Neopentyl Glycol (NPG) capacity at its production site in Oberhausen, Germany.

The project is scheduled for completion by mid-2011 and will raise Oxea’s European capacity to 45,000 metric tons.

“In 2011 we will have completed the stepwise increase of our Neopentyl Glycol capacity in Europe which started in 2008. Global demand of this important building block for eco-efficient powder coating resins and lubricants continues to grow above GDP,” said Miguel Mantas, Executive Board member for marketing and sales. “In Asia, growth has remained strong even during the 2009 global crisis with the Chinese market already set to outpace Europe,” Mantas continued.

Source:

http://www.oxea-chemicals.com/

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