(oxea-chemicals) -- Germany-based chemical producer Oxea has announced a EUR100/tonne (USD132/tonne) increase for its butyl acetate (butac) offers in Europe, the company said on Monday.
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 the 12 months ending September 2011, Oxea generated revenue of about EUR 1.5 billion with its approximately 1,400 employees in Europe, the Americas and Asia.