OQ CHEMICALS
Global price hikes for oxo intermediates and derivates
(Photo: PIE)
Strong demand and rising raw material costs has led OQ Chemicals (formerly Oxea, Monheim am Rhein / Germany; www.chemicals.oq.com) to announce several price increases for oxo intermediate products and derivates in the Americas, Europe, and other regions, with effect from 1 October 2021.

In Europe, prices are to be raised for:
  • 1,3 butylene glycol: The industrial and cosmetic qualities are to increase by USD 150/t (EUR 128/t)
  • Amines: Isopropylamine and n-octylamine by EUR 150/t each; n-butylamine, di-n-butylamine and tri-n-butylamine by EUR 200/t each; 2-ethylhexylamine and di-2-ethylhexylamine by EUR 100/t each
  • Neopentyl glycol (NPG): Slurry NPG by EUR 90/t, molten and flakes by EUR 100/t each
  • Carboxylic acids: n-heptanoic acid and pelargonic acid by EUR 85/t each.
Similar mark-ups have been planned by the company for the Americas and the rest of the world. The German supplier previously hiked the rates for oxo intermediates in January this year (see Plasteurope.com of 16.12.2020).

NPG is used as a main component in polyester resins for paints, unsaturated polyesters, lubricants and plasticisers. Butylene glycol is widely used in cosmetics, for pharmaceutical applications as well as in polymers. Amines have wide-ranging applications as emulsifiers, matrices for composites or pharmaceutical components among others. Carboxylic acids can be used in the manufacture of products such as phthalate-free plasticisers.
17.09.2021 Plasteurope.com [248599-0]
Published on 17.09.2021

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 25.12.2024 07:17:04   (Ref: 464106355)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/prices/detail.asp