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Markets :: Specialty Chemicals :: Lubricants

Oxea Completes Acquisition of ExxonMobil's Dutch Esters Plant

9:03 AM MDT | August 3, 2009 | Lindsey Bewley

Oxea (Oberhausen, Germany) says it has completed the acquisition of ExxonMobil’s esters plant at Amsterdam, the Netherlands.  The facility will be used to extend Oxea’s ester capacities and produce specialties used as precursors for flavors and fragrances, lubricants, high-performance plasticizers, and pharmaceuticals, the company says. Financial terms were not disclosed. Oxea says it will retain all employees at Amsterdam and will integrate the acquired production plant into its existing infrastructure for manufacturing, sales and customer...

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