Monheim am Rhein, Germany, Dec. 2, 2021 – Due to supply and demand, unprecedented rise in energy prices and increased raw material costs, OQ Chemicals will increase prices for the following products effective Jan. 1, 2022, or as contracts allow.
| Europe | USA | ROW * | |
| Product | EUR/mt | USD/lb | USD/mt |
| 2-Methylbutyric Acid | + 100 | + 0.05 | + 120 |
| n-Butyric Acid | + 200 | + 0.11 | + 240 |
| Isobutyric Acid | + 200 | + 0.11 | + 240 |
| Isononanoic Acid | + 250 | + 0.14 | + 300 |
| Isopentanoic Acid | + 100 | + 0.05 | + 120 |
| Isovaleric Acid | + 100 | + 0.05 | + 120 |
| n-Valeric Acid | + 100 | + 0.05 | + 120 |
| n-Heptanoic Acid | + 250 | + 0.14 | + 300 |
| Pelargonic Acid | + 250 | + 0.14 | + 300 |
| OXLUBE L9-TMP | + 250 | + 0.14 | + 300 |
| OXSOFT 3G8 | + 420 | + 0.23 | + 500 |
| OXFILM 351 | + 420 | + 0.23 | + 500 |
| 2-Ethylhexanoic Acid | + 420 | + 0.23 | + 500 |
* ROW = Rest of world
About OQ Chemicals
OQ Chemicals (formerly 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, flavours and fragrances, printing inks and plastics. OQ Chemicals employs more than 1,400 people worldwide and is part of OQ, an integrated energy company with roots in Oman. Operating in 13 countries, OQ covers the entire value chain in the hydrocarbon sector from exploration and production through to marketing and distribution of its products. OQ sells its fuels and chemicals in over 60 countries worldwide. For more information about OQ Chemicals, visit chemicals.oq.com.
Commercial contact
OQ Chemicals GmbH, Rheinpromenade 4a, 40789 Monheim am Rhein, Germany
Svea Meuser, Global Marketing Director Acids
Christian Biegierz, Marketing Manager – Oxo Intermediates
Phone: +49 (0)2173 9993-0, marketing@oq.com