Chemistry News News for the Chemical Industry

15Jun/17Off

Oxea Announces Price Increases for Neopentyl Glycol for the Americas

In North America and Latin America, chemical company Oxea will increase list and off-list prices on the following product effective July 1, 2017, or as contracts allow.

North America and Latin America North America and Latin America
Product USD/lb USD/mt
Neopentyl Glycol 0.03 70

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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.

Commercial contact

OXEA Corporation, 1505 West LBJ Freeway, Dallas, TX, 75234, USA
Jorge Moshe Castro Roldan
Marketing Manager Polyols, Carboxylic Acids & Esters Value Chain
Phone +1 972-481-2731
info@oxea-chemicals.com, www.oxea-chemicals.com

15Jun/17Off

Oxea Announces Price Increases for Neopentyl Glycol and Trimethylolpropane in Europe

The chemical company Oxea will increase list and off-list prices on the following products effective July 1, 2017, or as contracts allow.

Product Europe
EUR/t
Neopentylglycol 200
Trimethylolpropane 200
OXEA the oxo people

OXEA the oxo people

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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.

Commercial contact

OXEA GmbH, Rheinpromenade 4a, 40789 Monheim am Rhein, Germany
Dr. Ina Werxhausen
Commercial Business Director Amines, Higher Aldehydes & Specialty Derivatives, Polyols & alcohol-based Specialty Esters
Phone: +49 (0)2173 9993-3152
marketing@oxea-chemicals.com

2Jun/17Off

(Americas) Oxea Announces Price Increases for Isononanoic Acid

Oxea, an international chemical company, will increase list and off-list prices on the following product effective July 1, 2017, or as contracts allow.

Product North America and Latin America

USD/lb

North America and Latin America

USD/mt

Isononanoic Acid 0.05 110

 

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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.

Commercial contact:

OXEA Corporation, 1505 West LBJ Freeway, Dallas, TX, 75234, USA
Jorge Moshe Castro Roldan
Marketing Manager Polyols, Carboxylic Acids & Esters Value Chain
Phone +1 972-481-2731
info@oxea-chemicals.com

2Jun/17Off

Oxea Announces Price Increase for Isononanoic Acid in Europe

The international chemical company Oxea will increase list and off-list prices on the following product effective July 1, 2017, or as contracts allow for Europe.

Product Europe
EUR/mt
Isononanoic Acid 100

 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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.

Commercial contact:

OXEA GmbH, Rheinpromenade 4a, D-40789 Monheim am Rhein, Germany
Matthias Freitag, Marketing Manager Carboxylic Acids
Phone: +49 (0)2173 9993-3132
marketing@oxea-chemicals.com

 

26Mai/17Off

Building Blocks for the Feed Industry: Oxea Expands Production Capabilities for Butyric Acid and Propionic Acid

The global chemical company Oxea has successfully concluded a significant upgrade of its carboxylic acids production facility in Oberhausen, Germany. As a result, Oxea has enhanced the production output of short-chain fatty acids (SCFAs), such as propionic acid, butyric acid, and isobutyric acid. Oxea manufactures butyric and propionic acid in Animal Feed (AF) quality. These products are of high importance to the feed industry, which uses them as building blocks for feed materials that are free from antibiotic growth promoters, so called AGP-free feed. SCFAs from the upgraded unit in Oberhausen are handled under GMP+ B2 (Good Manufacturing Practice) and have received HACCP (Hazard Analysis Critical Control Point) certification to address requirements primarily in the animal feed sector.

Dr. Oliver Borgmeier, Vice President Operations Derivatives Europe & China at Oxea, explained the importance of the acid site upgrade: “The recent investment substantially increases global supply reliability for our customers. It enables additional units to produce our short chain fatty acids, and significantly improves the overall output of acids across our multi-site, multi-products acids platform.”

“With this upgrade, we are supporting the strong growth of animal feed acidifiers, which are key contributors to the development of animal diets free of antibiotic growth promoters. The demand for the required salts and esters of butyric acids and propionic acid, in particular in Asia and the Americas, to manufacture AGP-free animal feed is growing significantly,” stated Dr. Christoph Balzarek, Commercial Business Director Carboxylic Acids at Oxea.

“This upgrade at our Oberhausen site is just the first step towards further enhancement of our carboxylic acid capabilities in the short- and mid-term. We will further strengthen Oxea’s comprehensive carboxylic acids portfolio across all products and markets, which also include lubricants and synthetic fluids, ingredients for personal care applications, and paint and coating additives,” added Cristóbal Ascencio, Executive Vice President Derivatives. “The investment into our acids production facility in Oberhausen is yet another example of Oxea’s commitment to the selective growth strategy that our CEO Dr. Salim Al Huthaili is driving. We will continue to invest in our strong global production platforms and strengthen our product offerings,” concluded Ascencio.

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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.

Commercial contact

OXEA GmbH, Rheinpromenade 4a, D-40789 Monheim am Rhein, Germany
Dr. Christoph Balzarek, Commercial Business Director, Carboxylic Acids and Esters Value Chain
Phone: +49 (0)2173 9993-2984, feedacids@oxea-chemicals.com

14Apr/17Off

(Americas) Oxea Announces Price Increases for 2-Ethylhexanoic Acid

OXEA the oxo people

OXEA the oxo people

Oxea will increase list and off-list prices on the following product effective May 1, 2017, or as contracts allow.

Product North America and
Latin America
USD/lb
North America and
Latin America
USD/mt
2-Ethylhexanoic Acid 0.04 90

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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.

Commercial contact:

OXEA Corporation, 1505 West LBJ Freeway, Dallas, TX, 75234, USA
Jorge Moshe Castro Roldan
Marketing Manager Polyols, Carboxylic Acids & Esters Value Chain
Phone +1 972-481-2731
info@oxea-chemicals.com, www.oxea-chemicals.com

16Mrz/17Off

Oxea Announces Price Increases for Trimethylolpropane and Neopentyl Glycol

Oxea will increase list and off-list prices on the following product effective April 1, 2017, or as contracts allow.

North America and Latin America

North America and Latin America

Product

USD/lb

USD/mt

Neopentyl Glycol

0.03

70

Trimethylolpropane

0.07

150

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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.

Commercial contact

OXEA Corporation, 1505 West LBJ Freeway, Dallas, TX, 75234, USA
Jorge Moshe Castro Roldan
Marketing Manager Polyols, Carboxylic Acids & Esters Value Chain
Phone +1 972-481-2731
info@oxea-chemicals.com, www.oxea-chemicals.com

16Mrz/17Off

Oxea builds second propanol unit at Bay City, Texas, USA

Oxea, a leading manufacturer of Oxo chemicals, has started the construction of a new world-scale propanol unit at its production site at Bay City, Texas, USA. The new unit “Propanol 2” is scheduled to come on stream in 2018. Once commissioned, it will add a capacity of 100,000 mt/year of propanol and 40,000 mt/year of propionaldehyde. Propanol is used to manufacture products mainly ending up in printing inks, coatings, adhesives, and pharmaceuticals applications. Propionaldehyde finds uses in pharmaceutical applications and the production of food preservatives, plasticizers, plastics, and rubber chemicals.

“This project reflects our long-term selective growth strategy. It helps us reinforce our strong position as the largest producer of propanol worldwide. Propanol 2 will provide Oxea with opportunities for further expansion into profitable growth areas,” commented Purnendu Rai, Executive Vice President Global Sales and Oxo-Intermediates.

Bay City Plant

Bay City Plant from OXEA

As Oxea is finalizing the detailed engineering phase, construction of the new plant has commenced. Site preparation, including demolition of existing foundations from previously retired equipment, and the construction of temporary project facilities has been completed. Current activities are focused on starting the execution of civil construction and completing the bid processes for the remaining construction work, primarily mechanical, and instrumentation and electrical.

“This capacity increase is another excellent example of our strong commitment to supporting our customers with sufficient and reliable supplies,” stated Oxea’s CEO, Salim Al Huthaili. “To continue as a profitable and sustainable company, we are significantly investing in our production platforms and continuously seeking opportunities to differentiate ourselves. We aim for further expansion of our portfolio and growth in volumes over the coming period,” he added.

Oxea has awarded the construction management contract for the Propanol 2 project to Jacobs Engineering Group, Inc., one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for the industry. Jacobs’ services include delivering pre-construction planning and construction management services. “We are delighted to work with Oxea on this strategically important project,” said Jacobs Senior Vice President Downstream Mark Bello. “Our experience and lessons learned while executing similar U.S. Gulf Coast construction projects will contribute to the success of this important expansion.”

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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.

15Mrz/17Off

(Americas) Oxea Announces Price Increases for n-Propanol, n-Propyl Acetate, n/i-Butanol, and n/i-Butyl Acetate

The chemical company Oxea has announced that it will implement a price increase for prices in North America, Mexico and South America on the following products, effective April 1, 2017, or as contracts allow.

Product

North America / Mexico
USD/lb

South America

USD/mt

n-Propyl Acetate

0.05

110

n-Propanol

0.05

110

n/i-Butanol

0.05

110

n/i-Butyl Acetate

0.05

110

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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.

Commercial contact:

OXEA Corporation, 1505 West LBJ Freeway, Dallas, TX, 75234, USA
Purnendu Rai, President Global Sales and OXO-Intermediates
Phone +1 972-481-6010
marketing@oxea-chemicals.com

15Mrz/17Off

Oxea Announces Price Increases for Neopentyl Glycol and Trimethylolpropane in Europe

The chemical company Oxea announced today that it will increase list and off-list prices on the following products effective April 1, 2017, or as contracts allow.

Product

Europe
EUR/t

Neopentylglycol

100

Trimethylolpropane

100

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. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com .

Commercial contact

OXEA GmbH, Rheinpromenade 4a, 40789 Monheim am Rhein, Germany
Dr. Ina Werxhausen
Commercial Business Director Amines, Higher Aldehydes & Specialty Derivatives, Polyols & alcohol-based Specialty Esters
Phone: +49 (0)2173 9993-3152
marketing@oxea-chemicals.com