Oxea announced last week it will increase list and off-list prices on the following products effective October 1, 2013, or as contracts allow:
|
Product
|
|
North America
USD/lb
|
|
2-Ethylhexanoic Acid |
|
$0.02 |
|
Product
|
|
North America
USD/lb
|
|
Latin America, Asia
USD/mt
|
|
Europe
EUR/mt
|
|
|
Neopentyl Glycol (NPG) |
|
0.05 |
|
150 |
|
100 |
|
Both Neopentyl Glycol and 2-Ethylhexanoic Acid are commonly used in the manufacturing of lubricants.
Oxea also announced last week it will increase list and off-list prices on its n-Butyric Acid and Isobutyric Acid in Europe, Middle East / Africa and Asia by EUR75/ton, USD100/ton and USD100/ton, respectively, effective October 1, 2013.
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 over 1,400 employees in Europe, the Americas and Asia.
