Oxea Builds Second Propanol Unit in Bay City, Texas
MONHEIM AM RHEIN, Germany – Oxea has started the construction of a new world-scale propanol unit at its production site at Bay City, Texas. The new unit, Propanol 2, is scheduled to come on-stream in 2018. Once commissioned, it will add a capacity of 100,000 mt/year of propanol and 40,000 mt/year of propionaldehyde.
“This project reflects our long-term selective growth strategy. It helps us reinforce our strong position as the largest producer of propanol worldwide. Propanol 2 will provide Oxea with opportunities for further expansion into profitable growth areas,” said Purnendu Rai, Executive Vice President Global Sales and Oxo-Intermediates.