MONHEIM AM RHEIN, Germany--(BUSINESS WIRE)--Due to a technical problem in a third-party synthesis gas unit at the Oberhausen, Germany, site, raw materials to OQ Chemicals are currently restricted. During a regular inspection, a leakage was detected at the cylinder block in the area of the valves. Unfortunately, the compressor had to be taken out of service for safety reasons to perform immediate repairs off-site. As a result, OQ Chemicals cannot produce at target rates.
As the cause for the supply restrictions is outside OQ Chemicals’ immediate control, the company has to declare force majeure for n- & iso-Butyraldehyde, Propionaldehyde, 2- Ethylhexanol, n- & iso-Butanol, and n-Butyl Acetate, with immediate effect. OQ Chemicals will therefore be unable to make deliveries of these products as scheduled. Available volumes will be allocated in a fair and reasonable manner.
Concurrently, OQ Chemicals will be issuing a Sales Control program for Oberhausen-produced products. The company is using all reasonable efforts to mitigate the effects of this incident and to limit the impact on its customers. OQ Chemicals will keep customers regularly informed of its status and ability to schedule deliveries.
About OQ Chemicals
OQ Chemicals (formerly 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, flavours and fragrances, printing inks and plastics. OQ Chemicals employs more than 1,400 people worldwide and is part of OQ, an integrated energy company with roots in Oman. OQ emerged in 2019 upon the successful integration of nine legacy companies. Operating in 13 countries, OQ covers the entire value chain in the hydrocarbon sector from exploration and production through to marketing and distribution of its products. OQ sells its fuels and chemicals in over 60 countries worldwide. For more information about OQ Chemicals, visit chemicals.oq.com.