Oxea To Acquire Exxon Ester Plant | May 18, 2009 Issue - Vol. 87 Issue 20 | Chemical & Engineering News
Volume 87 Issue 20 | p. 20 | Concentrates
Issue Date: May 18, 2009

Oxea To Acquire Exxon Ester Plant

Department: Business

Oxea has agreed to acquire ExxonMobil Chemical's ester plant in Amsterdam for an undisclosed sum. Oxea, an oxo chemicals maker formed in 2007 from parts of Degussa and Celanese, says the products made in Amsterdam—esters for applications such as synthetic lubricants—complement its existing portfolio. Oxea also produces intermediates used to make the esters.

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