MOSCOW (MRC) -- Oxiteno will build a new, USD113 million alkoxylation unit in Texas to meet demands within the North American market, as per Happi.
The plant should start operating in the last quarter of 2017 and will have production capacity around 170,000 tonnes/year, according to the company. In 2012, Oxiteno acquired its first industrial plant in Texas, which serves as the foundation for the new alkoxylation expansion. The expansion is part of an ongoing strategy of investing throughout the Americas, which consists of the acquisitions of industrial plants in Mexico in 2003 and 2004, the opening of Oxiteno’s first commercial office in the US in 2007, and the addition of units in Venezuela and Uruguay, in 2007 and 2012, respectively. In addition to the new plant, the company will expand the service structure with total focus on the customer.
"We will invest in the improvement of our services, expanding our commercial and technical services team, as well as the local research and development structure," explained Oxiteno CEO Joao Parolin. "We will work more aligned and in synergy with our clients, developing solutions for the local market. The logistics structure will include distribution centers around the country to ensure the service to all regions of the US. "These actions consolidate the company in an outstanding position with broad geographic coverage, allowing better customer service in Americas."
The new unit will be fully integrated to the company?s activities in North America. With this investment, Oxiteno further expands its portfolio of surfactants and specialty chemicals and its alkoxylation technology with focus on local agrochemicals, personal care, home care and I&I, paints and coatings, and oil and gas markets, according to the company.
Oxiteno is a subsidiary of Brazilian group Ultrapar. It established an industrial presence in the US with the acquisition of a closed site in Pasadena in 2012. This site now produces amphoteric surfactants, esters and agrochemical solutions. Oxiteno also acquired American Chemical in 2012 as well as a site in Uruguay. Oxiteno began its international expansion in 2003 with the acquisition of surfactants producer Canamex in Mexico. In 2007 it made 2 more small acquisitions in Mexico and now has 3 speciality units (making surfactants and esters) in Coatzacoalcos, Guadalajara and San Juan Del Rio). In 2007 the company also bought Arch Quimica Andina in Venezuela. Oxiteno has 12 industrial sites worldwide, concentrated in S America. It claims to be one of the largest producers of ethylene oxide and ethylene oxide compounds in S America and the only producer of fatty acids in the region. In 2013 it had 2 M tonnes/y capacity and made a USD1.5 bn turnover.