Oxea announces price increases in Europe
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Oxea will increase off-list prices on the following products effective July 1, 2013, or as contracts allow:
Europe
|
|
July 1, 2013 Increase |
|
Product |
EUR/mt |
|
i/n Butanol |
20 |
|
i/n Butyl Acetate |
30 |
|
2-Ethylhexanol |
20 |
“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”, says Steve Friedewald, Vice President Oxo Intermediates.