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Oxea to set up JV in Germany to produce dioctyl terephthalate plasticizer

5:36 AM MDT | March 24, 2014 | Natasha Alperowicz

Oxea announced today that it plans to increase European capacity for dioctyl terephthalate (DOTP) by 50,000 m.t./year by the fourth quarter of 2015 to meet growing demand. The company has signed a memorandum of understanding with an undisclosed third party to establish, in Germany, joint production of DOTP, a general-purpose plasticizer used in a wide range of applications, including construction, automotive, and flooring. The company says it has signed a confidentiality agreement with the third party to not disclose the exact location or the percentage each...

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