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Oxea Achieves Major Milestone: Successful Start-up of New Propanol Production Unit at Bay City, Texas, USA

MONHEIM AM RHEIN, Germany–(BUSINESS WIRE)–The global chemical company Oxea has successfully started up its new
100,000 mt per annum world-scale production unit “Propanol 2” at its Bay
City, Texas, USA, site. The now fully operational, state-of-the-art unit
will increase Oxea’s North American production capacity for n-propanol
by 75 percent. Construction and commissioning of the new unit were
completed incident-free, ahead of schedule and under budget. Oxea has
used its proprietary process technology and process expertise to
optimize production and improve product yield at Propanol 2. The first
specification grade batches of material from the new unit have already
been shipped to customers.

“I am proud to say that the new propanol production unit has been
successfully started up incident-free and ahead of schedule. Propanol 2
demonstrated both quality and capacity deliverables sooner than expected
and is now fully integrated into existing operations. The successful
start-up was the result of excellent teamwork between the project team,
operations, engineering, and contractors. Leveraging Oxea’s knowledge as
the world leader in propanol production, the new unit will be a
foundation for on-going optimization and growth,” commented Fred Gaytan,
Site Director Bay City and Bishop at Oxea.

“Propanol 2 is a critical part of our selective growth strategy and a
commitment to our Bay City production site. The new unit has been one of
our largest investment projects in the past years. With its successful
start-up, we achieved a major milestone on our roadmap and further
strengthened our global production platform,” said Oxea’s CEO, Dr. Salim
Al Huthaili. “With the increased n-propanol volume, we can now better
serve the growing needs of existing and new customers worldwide. This
particularly applies to Propyls from Oxea, a blend of n-propanol and
n-propyl acetate. They are touted as a game changer for the rotogravure
and flexographic printing industry because with our Propyls print shops
can achieve higher print quality and produce more economically at the
same time,” he concluded.

About Oxea
Oxea is a global manufacturer of oxo
intermediates and oxo derivatives, such as alcohols, polyols, carboxylic
acids, specialty esters, and amines. These products are used for the
production of high-quality coatings, lubricants, cosmetics and
pharmaceutical products, flavorings and fragrances, printing inks and
plastics. Oxea employs more than 1,400 people worldwide. Oxea is part of
the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned
by the Government of Oman. Established in 1996, it pursues investment
opportunities in the wider energy sector both inside and outside Oman.
OOC plays an important role in the Sultanate's efforts to diversify the
economy and to promote domestic and foreign investments. For more
information about Oxea, visit www.oxea-chemicals.com


Thorsten Ostermann
Communications and Press Relations
+49 (0)2173 9993 3009
[email protected]