To meet growing customer demand in Europe, the global chemical company Oxea will increase its European production capacity for neopentyl glycol (NPG).
Monheim am Rhein/Germany — As part of the measures, a debottlenecking project for NPG at the Oberhausen, Germany, production site is underway. The company has already started basic engineering activities, following a successful feasibility study. The company expects the additional NPG production capacity to be available by early 2020. NPG is used in the synthesis of polyesters, coatings, lubricants, and plasticizers. It offers superior performance in many end applications, such as powder coatings, and in the manufacturing of saturated polyester resins.
Matthias Freitag, Global Commercial Business Director Polyols and Plasticizers at Oxea is convinced that the NPG market is growing. But while capacities for NPG are being added in Asia, European capacities are not expanding in-line with demand growth. The suppliers was responding to customers’ increase in demand for high-quality NPG, he said. With this debottlenecking project, the company was enabling and upgrading their unit for the production of NPG, Freitag added. Based on customer requirements, the producer is planning to yield NPG molten, 90 % slurry, and flakes — for small to large industrial customers.