Oxea, an Oman Oil Group company, plans to increase the production capacity for its Oxsoft GPO plasticiser (a Dioctyl Terephthalate product) in Europe by 50,000 tons until the fourth quarter of 2015.
Oberhausen/Germany – For this purpose, the company has entered an agreement with a third party to establish a joint production of DOTP. Dioctyl Terephthalate is a general-purpose plasticizer used in a wide range of applications such as construction, automotive and flooring. “The European market for phthalate-free plasticizers is growing rapidly. As a replacement mainly for Dioctyl Phthalate and Diisononyl Phthalate, DOTP is benefiting particularly from this development and our capacities need to be planned correspondingly,” said Oxea’s project leader, Christian Boehmer. Jacco de Haas, Global Marketing Manager for Specialty Esters at Oxea, emphasized: “This backward integration allows us to reliably meet the high level of demand and accommodate the needs of our customers.”