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Elekeiroz acquires Air Products oxo-gas plant in Brazil

12:29 PM MST | December 16, 2013 | —Clay Boswell and Natasha Alperowicz

Elekeiroz (São Paulo) has acquired an oxo-gas plant from Air Products at Camaçari, Brazil, the company said on 9 December. The deal includes the transfer of the plant’s employees and the purchase of equipment to adapt the plant’s product mix. Including the cost of integration, Elekeiroz values the investment at 70 million reais ($30 million). The plant adjoins Elekeiroz’s Camaçari facility, where the feedstock is used to make butanol, octanol, and 2-ethylhexanoic acid. With this move, Elekeiroz ensures the availability of...

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