OBERHAUSEN, Germany – Oxea Advanced Derivatives’ first oxo derivatives plant in Nanjing Industrial Chemical Park, China, has successfully passed the planning stage, and construction is underway. Oxea expects its new Nanjing plant to be mechanically complete at the end of 2013. The new production site will serve the fast-growing demand for oxo derivatives in China and Asia. Oxo derivatives are key ingredients and are used in nearly all sectors of China’s economy, including automotive, construction, cosmetics, pharmaceutical and personal care products. Oxea’s new plant is located at the Nanjing Chemical Industry Park, an important chemical industry base in China.
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