Oxea to increase list, off-list prices of polyols, including neopentyl glycol and trimethylolpropane, in Asia and Latin America by US$100/tonne, effective Aug. 1 or as contracts allow

Elyse Blye

Elyse Blye

DALLAS , July 15, 2014 (press release) – Oxea will increase list and off-list prices on the following product effective August 1, 2014, or as contracts allow:


Product

  Asia / Latin America

USD/to

 
Neopentyl Glycol (NPG)   100  
Trimethylolpropane (TMP)   100  
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.

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