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Home  > Markets & companies  > Oxea to acquire ester plant in the Netherl...

Thursday, 04 June 2020
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Markets & companies

Oxea to acquire ester plant in the Netherlands

Tuesday, 26 May 2009

By acquiring the Exxon Mobile’s Dutch ester plant, Oxea will strengthen its position in specialty chemicals and provide both an extension of its value chain as well as broadening its applicationbasis.

The global chemical company Oxea announced that is has signed an agreement to acquire ExxonMobil’s ester plant in Amsterdam. The acquisition is expected to be closed in July 2009. Oxea is a global supplier of solvents, polyols and oxo derivatives such as carboxylic acids, esters and amines. These products are used for the production of coatings, printing inks, lubricants, cosmetic and pharmaceutical products, flavorings and fragrances and plastics.

The acquisition of the Dutch plant by Oxea is subject to completion of the consultation process with ExxonMobil’s works council. Source: MS ClipArt

The acquisition of the Dutch plant by Oxea is subject to completion of the consultation process with ExxonMobil’s works council. Source: MS ClipArt

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