Chemistry News News for the Chemical Industry

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

13Mrz/17Off

Oxea Announces Price Increases for 2-Ethylhexanoic Acid for the Americas

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

Product

North America and Latin America
USD/lb

North America and Latin America
USD/mt

2-Ethylhexanoic Acid

0.05

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

8Mrz/17Off

(Americas) Oxea Increases Prices for Isononanoic acid and Heptanoic acid

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

Product North America and Latin America
USD/lb
North America and Latin America
USD/mt
Isononanoic acid 0.06 130
Heptanoic acid 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

3Mrz/17Off

Oxea Announces Price Increase for Carboxylic Acids in Europe

The international chemical company Oxea announced today that it will increase list and off-list prices on selected Carboxylic acids products effective April 1, 2017, or as contracts allow for Europe.

Product Europe
EUR/mt
2-Etyhlhexanoic acid 130
Isononanoic acid 130
n-Butyric acid 75
Isobutyric acid 75
Heptanoic acid 60
Propionic acid 50
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, D-40789 Monheim am Rhein, Germany
Matthias Freitag, Marketing Manager Carboxylic Acids
Phone: +49 (0)2173 9993-3132
marketing@oxea-chemicals.com

 

28Feb/17Off

Oxea Increases Prices for Specialty Esters in Europe

The international chemical company Oxea has announced that it will increase list and off-list prices on the products below effective March 1, 2017, or as contracts allow.

Europe
Product EUR/mt
Oxsoft DOA 100
Oxsoft TOTM 30
Oxsoft GPO (DOTP) 100
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
Michael Harbich, Marketing Manager Specialty Esters & Amines
Phone: +49 (0)2173 9993-2485, fax: +49 (0)208 693-2050
marketing@oxea-chemicals.com

22Feb/17Off

Oxea lifts force majeure on Butyl Acetate in Europe

OXEA the oxo people

OXEA the oxo people

The international chemical company Oxea has lifted force majeure on Butyl Acetate in Europe. The affected unit in Marl, Germany, was restarted, and is running at normal production rates again.

Oxea originally announced force majeure on Butyl Acetate in Europe on February 3, 2017, due to unforeseen technical issues at Oxea’s production plant in Marl, Germany.

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.

Media contact

OXEA GmbH, Rheinpromenade 4a, 40789 Monheim am Rhein, Germany
Thorsten Ostermann, Communications and Press Relations
Phone: +49 (0)2173 9993-3009
communications@oxea-chemicals.com