HOUSTON--(BUSINESS WIRE)--In reaction to the recent increasingly strong demand for n-Propanol and n-Propyl Acetate coupled with logistics issues and service related to the COVID-19 stay-at-home orders, Oxea will implement a 100% sales control on n-Propanol and n-Propyl Acetate effective immediately for Q2/2020. The sales control will be based on the average monthly consumption over the last six months or as contracts allow.
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. The company employs more than 1,400 people worldwide. Oxea is part of OQ, an integrated energy company delivering sustainability and business excellence. OQ covers the entire value chain from exploration and production through to marketing and distribution of its products. For more information about Oxea, visit www.oxea-chemicals.com or www.oq.com.
Naoko Roth, Marketing US Oxo Intermediates
Phone: +1 346-378-7415
Thorsten Ostermann, Communications and Press Relations
Phone: +49 (0)2173 9993-3009