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Oxea begins construction of oxo derivatives plant in Nanjing; plans expansion

12:28 AM MST | March 1, 2013 | Deepti Ramesh

Oxea (Oberhausen, Germany) says that it has begun construction on the previously announced oxo derivatives plant in the Nanjing Chemical Industrial Park in China. Mechanical completion is expected by the end of 2013. The company first announced plans for this project in October 2011. The new production site will serve the fast-growing demand for oxo derivatives in China and Asia, Oxea says. Oxo derivatives are key ingredients and are used in nearly all sectors of China’s economy, including automotive, construction, cosmetics, pharmaceutical, and...

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