Dallas, USA, September 23, 2019 – Oxea has announced that it will implement a price increase for prices in North America, Mexico and South America on the following products, effective October 1, 2019, or as contracts allow.

Product                                         North America USD/lb                    Mexico USD/mt

n-Propanol                                              + 0.04                                               + 90

n-Propyl Acetate                                    + 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, 15375 Memorial Drive, Houston, TX 77079, USA

Naoko Roth, Marketing US Oxo Intermediates

Phone: +1 346-378-7415, [email protected]