Ten years ago, in March 2007, oxo chemicals producer Oxea was established as a buyout led by private-equity firm Advent International of oxo derivatives and oxo intermediates businesses from Celanese and European Oxo.
Oman Oil Company (OOC), state-owned oil and petrochemicals group, has completed its acquisition of Germany's Oxea from private equity investor Advent International.
The Lion City - The Merlion - a mythical creature with the head of a lion and the body of a fish - is regarded as the Singapore icon ("Singapura" means "lion city" in Sanskrit). As one of the world's leading energy and chemical hubs, Singapore's contribution to the chemical industry is vast, both in terms of output and research.
