MRO Magazine

Oxea Lifts Force Majeure on Trimethylolpropane and Potassium Formate


May 8, 2015
By Business Wire News

DALLAS

The chemical company Oxea has lifted the Force Majeure notice issued in March for the production of Trimethylolpropane and Potassium Formate at its production site at Bishop, Texas. All of the safety recommendations at Oxea’s primary third-party services supplier, at the Bishop, Texas, production site, have been completed successfully. The production site is running at normal rates.

About Oxea

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 2012, Oxea generated revenue of about EUR 1.5 billion with its over 1,400 employees worldwide. Oxea is owned by Oman Oil Company S.A.O.C. For more information about Oxea, visit www.oxea-chemicals.com

About Oman Oil Company

Oman Oil Company S.A.O.C. (OOC) is a commercial company wholly owned by the Government established in 1996 to pursue investment opportunities in the wider energy sector both inside and outside Oman. The Company plays an important role in the Sultanate’s efforts to diversify the economy and to promote domestic and foreign investments as well as fostering and building human capital.

Commercial contact:
OXEA Corporation
Jorge Moshe Castro Roldan
Phone +1 972-481-2731
info@oxea-chemicals.com
www.oxea-chemicals.com
or
Press contact:
Birgit Reichel
phone +49 (0) 208-693-3112
fax +49 (0) 208-693-3101
birgit.reichel@oxea-chemicals.com
www.oxea-chemicals.com