Oxea Announces Global Price Increases

DALLAS--()--Oxea will increase off-list prices on the following products effective September 1, 2014, or as contracts allow:

September 1, 2014 increase:

  USA, Canada, Mexico       South & Central America,
Asia, Africa, Middle East
Product   US$/lb       US$/mt
i/n Butanol   $0.04       $88
i/n Butyl Acetate   $0.04       $88
i/n Butyraldehyde   $0.04       -
n Propanol   $0.04       $88
n Propyl Acetate   $0.04       $88

About Oxea

Oxea is a global manufacturer of oxo intermediates and oxo derivatives, such as alcohols, polyols, carboxylic acids, specialty esters, and amines. These products are used for the production of high-quality coatings, lubricants, cosmetics and pharmaceutical products, flavorings and fragrances, printing inks and plastics. In 2012, Oxea generated revenue of about EUR 1.5 billion with its over 1,400 employees worldwide. Oxea is owned by Oman Oil Company S.A.O.C.

For more information about Oxea, visit www.oxea-chemicals.com

About Oman Oil Company

Oman Oil Company S.A.O.C. (OOC) is a commercial company wholly owned by the Government established in 1996 to pursue investment opportunities in the wider energy sector both inside and outside Oman. The Company plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments as well as fostering and building human capital.

Contacts

Commercial contact:
OXEA Corporation
Steve Friedewald, Vice President Intermediates
Phone +1 972-481-2700
fax +1 972-481-6023
info@oxea-chemicals.com
www.oxea-chemicals.com
or
Press contact:
OXEA GmbH
Birgit Reichel
phone +49 (0) 208-693-3112
fax +49 (0) 208-693-3101
birgit.reichel@oxea-chemicals.com
www.oxea-chemicals.com

Release Summary

Oxea will increase off-list prices on selected products from the Intermediates portfolio effective September 1, 2014, or as contracts allow.

Sharing

Contacts

Commercial contact:
OXEA Corporation
Steve Friedewald, Vice President Intermediates
Phone +1 972-481-2700
fax +1 972-481-6023
info@oxea-chemicals.com
www.oxea-chemicals.com
or
Press contact:
OXEA GmbH
Birgit Reichel
phone +49 (0) 208-693-3112
fax +49 (0) 208-693-3101
birgit.reichel@oxea-chemicals.com
www.oxea-chemicals.com