Oxea Announces Global Price Increases

DALLAS, Nov 12, 2010 (BUSINESS WIRE) -- Oxea will increase off-list prices on the following products effective December 1, 2010, or as contracts allow: USA, Canada, and Mexico Product December 1, 2010 Increase US$/lb ---------------- i/n Butanol $0.05 ------------------- ---------------- i/n Butyl Acetate $0.05 ------------------- ---------------- n Butyraldehyde $0.05 ------------------- ---------------- n Propanol $0.05 ------------------- ---------------- n Propyl Acetate $0.03 ------------------- ---------------- South & Central America, Asia, Africa, and Middle East Product December 1, 2010 Increase US$/mt ---------------- i/n Butanol $110 ------------------- ---------------- i/n Butyl Acetate $110 ------------------- ---------------- n Propanol $110 ------------------- ---------------- n Propyl Acetate $66 ------------------- ---------------- 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, cosmetic and pharmaceutical products, flavorings and fragrances, printing inks and plastics. In the 12 months ending June 2010, Oxea generated revenue of about EUR 1.1 billion with its approximately 1,380 employees in Europe, the Americas and Asia.

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

SOURCE: Oxea CONTACT: Commercial contact: OXEA Corporation, 1505 West LBJ Freeway, Dallas, TX, 75234, USA Steve Friedewald, Vice President Solvents Phone +1 972-481-2700, fax +1 972-481-6023 info@oxea-chemicals.com, www.oxea-chemicals.com or Press contact: OXEA GmbH, Otto-Roelen-Strasse 3, D-46147 Oberhausen Birgit Reichel, phone +49 (0) 208-693-3112, fax +49 (0) 208-693-3101 birgit.reichel@oxea-chemicals.com, www.oxea-chemicals.com Copyright Business Wire 2010 -0- KEYWORD: United States

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