DALLAS – Oxea will increase off-list prices on certain products effective July 1, 2013, or as contracts allow. In Europe, i/n butanol and 2-ethylhexanol will increase EUR 20/mt, and i/n butyl acetate will increase EUR 30/mt.
“We have experienced an unacceptable compression of our margins over the last months. We have to use this period of improving demand to re-establish a margin level that allows satisfactory returns for these products”, said Steve Friedewald, Vice President Oxo Intermediates.