Oxea to Increase Production Capacities in Texas

The optimizations will add significant further volume, beyond the already announced capacity increases for Potassium Formate and Trimethylolpropane (TMP).

Potassium Formate is used, among other applications, as a component in well-servicing fluids for the extraction of oil and gas and for de-icing. TMP is a widely used building block for polymers, especially in polyesters and polyurethanes, but is also used in a plethora of other areas, such as, for example, synthetic lubricants.