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Oxea Announces Carboxylic Acids Price Increases in North America

03-16-2010 10:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Oxea

Oxea Chemicals

Oxea Chemicals

Dallas, March 15, 2010 – Oxea will increase list and off-list prices effective April 1, or as contracts allow on N-Butyric Acid and Isobutyric Acid with a price increase of 0.15 US$/lb in North America.

This increase follows the recent announcement of Oxea's global launch of its new product tri-octyl trimellitate (TOTM). Produced in Amsterdam TOTM is immediately available. TOTM offers superior migration resistance and is increasingly being used in multiple applications. Main application areas are wires, cables and medical devices. Oxea’s high production standards make it possible to sell TOTM in more sensitive applications.

Oxea is a global supplier of solvents, polyols and oxo derivatives such as carboxylic acids, olefin derivatives and alkylamines. These products are
used for the production of high-quality coatings, lubricants, cosmetic and pharmaceutical products, flavorings and fragrances, printing inks and plastics. The company is an international market leader in the production of a variety of acetates, alcohols, amines, carboxylic acids and butyraldehydes. Oxea has annual sales worth about USD 1.7 billion and employs approximately 1,350 people in Europe, Asia and the Americas. They are supported by an experienced sales team worldwide.

Further information about the global Oxea Group is available at www.oxea-chemicals.com.

OXEA GmbH, Otto-Roelen-Strasse 3, D-46147 Oberhausen
Birgit Reichel, phone +49 208-693-3112, fax +49 208-693-3101
birgit.reichel@oxea-chemicals.com, www.oxea-chemicals.com

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