Oxea Appoints Michael McHenry as New Chief Executive Officer
German oxo-chemicals manufacturer Oxea has appointed Michael McHenry as its new CEO with effect from August 15, 2025.
Oxea
Oxea Returns to its Roots
Oxea is returning to its old name and its roots.
10.04.2025 • News
Strategic Value Partners and Blantyre Capital Acquire OQ Chemicals
Strategic Value Partners (SVP) and Blantyre Capital Limited (Blantyre) recently announced the acquisition of OQ Chemicals (Oxea), a leading global producer and merchant of oxo chemicals.
26.05.2023 • News
OQ Chemicals to Cut 10% of the Workforce
Toward achieving cost savings in the double-digit million euro range, Germany’s OQ Chemicals, part of the Oman-based OQ energy group, has announced a cost-cutting scheme that will see it cut 10% of the workforce.
08.05.2023 • News
OQ Chemicals Starts up Esters Pilot Plant
OQ Chemicals has successfully started up its new pilot plant for esters at Oberhausen, Germany. The company said the facility enables it to manufacture small quantities of esters tailored to customer needs for test purposes before making an industrial-scale investment.
20.05.2020 • News
Oxea Changes Name to OQ Chemicals
German petrochemical intermediates producer Oxea, based at Oberhausen, has changed its name to OQ Chemicals, marking its final integration into Oman’s new petrochemicals and energy giant OQ, headquartered in Muscat.
15.04.2020 • News
Ineos Delays Forties Pipeline Shutdown
Due to the coronavirus crisis, Ineos has postponed the planned annual maintenance shutdown of its UK North Sea Forties Pipeline for almost a year, to assure its chemical feedstock customers of sufficient supply amid British government virus containment restrictions.
13.02.2020 • News
New Energy Giant Takes Shape in Oman
As part of a master plan to revamp the sultanate’s production infrastructure, the government has decided to roll state-owned Oman Oil Company (OOC), Oman Refineries and Petroleum Industries Company (ORPIC) and six other domestic energy firms into one unit that would also include German oxo intermediates and derivatives producer Oxea.
10.07.2019 • News
Oxea Selects Oberhausen for Carboxylic Acids
Following an “extensive” selection process, German oxo-chemicals company Oxea has chosen Oberhausen as the site for its proposed world-scale carboxylic acids plant.
16.05.2019 • News
Oxea Lifts Isononanoic Acid Output
German chemical producer Oxea has increased its existing production capacity for isononanoic acid at Oberhausen, Germany, by an unspecified volume.
23.01.2019 • News
Oxea Studies Worldscale Carboxylic Acids Plant
German oxo-chemicals company Oxea is studying the feasibility of building a world-scale plant to produce carboxylic acids, which are used to make synthetic lubricants and as building blocks for the animal feed industry.
28.06.2018 • News
Oxea Hikes German NPG Capacity
German oxo-chemicals company Oxea has announced plans to increase capacity for neopentyl glycol (NPG) at its site in Oberhausen.
21.03.2017 • News
Oxea Builds new Propanol Unit in Texas
US petrochemical producer Oxea has begun construction on a new plant at Bay City, Texas, for 100,000 t/y of propanol and 40,000 t/year of propionaldehyde.
A Visible Turning Point for Oxea
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.
13.05.2016 • News
Oxea names Salim Al Huthaili as new CEO
Oxea has appointed Dr. Salim Al Huthaili as the new chief executive officer.
06.10.2015 • News
Oxea in Detailed Engineering for US Propanol Unit
Germany-based Oxea has begun detailed engineering on its new propanol plant at Bay City, Texas, in the US, which is scheduled to go on stream at the end of 2017.
12.05.2015 • News
Oman Oil and Oxea in Graduate Program With GUtech
Oman Oil Company (OOC) and its chemicals subsidiary, German chemical producer Oxea, have agreed to establish a graduate program with the German University of Technology (GUtech) in Maskat, Oman.
14.04.2015 • News
Oxea Extends European Distribution Pact With IMCD
German-based chemical group Oxea has expanded its European distribution agreement for amines with Dutch distributor IMCD.
13.04.2015 • News
Oxea Extends Partnership with IMCD to Strengthen Distribution of Amines in Europe
Following two years of successful co-operation, the global chemical company Oxea has extended its distribution partnership with the Dutch chemical distributor IMCD for its Amines in Europe.
Oxea Presents Product Innovations for the Paint and Coatings Industry
Oxea will present its extensive product portfolio for the paint and coatings industry at this year's European Coatings Show (ECS), April 21 to 23, in Nuremberg, Germany.
Oxea Receives Product Leadership Award for its Phthalate-free Plasticizer Product Range
Based on its recent analysis of the European plasticizers market, Frost & Sullivan has recognized chemical company Oxea with the ‘2014 European Non-Phthalate Plasticizers Product Leadership Award'.
04.03.2015 • News
Burkhard Quellenberg is new Global Director HR at Oxea
Burkhard Quellenberg (47) is Oxea's new Global Director Human Resources.
04.02.2015 • News
Krahn Chemie and Ferro sign a distribution partnership
In January 2015 the Krahn Chemie Group has taken over the distribution of the specialty plasticizers of the Beldium-based Ferro in the regions Germany, Austria, Switzerland, Benelux and Poland.
04.07.2014 • News
Oxea Declares FM for Intermediates at Bay City
Oxea has declared force majeure for n/i butanol n/i butyl acetate-propanol and n-propyl acetate produced at its Bay City, Texas site.
13.06.2014 • News
Oxea Puts US Intermediates Customers on Allocation
The intermediates business of US-based Oxea Corporation has put all customers on allocation, due to technical issues arising from a scheduled maintenance turn-around at its Bay City, Texas, facility.
25.03.2014 • News
Oxea Plans Capacity Increase for Plasticizer Oxsoft GPO
In order to meet strongly growing customer demand, Oxea is planning to increase its European capacity for Oxsoft GPO by 50,000 t/y by Q4/2015.
23.01.2014 • News
Oxea Lifts Output of Specialty Esters in Amsterdam
Dallas, Texas-based chemical producer Oxea has widened its capacity for specialty esters at Amsterdam, The Netherlands, by 20%.
10.12.2013 • News
Oman Oil Company Buys Oxo Producer Oxea
Oman Oil Company (OOC), state-owned oil and petrochemicals group, has completed its acquisition of Germany's Oxea from private equity investor Advent International.
25.11.2013 • News
Oman Oil Company acquires Oxea from Advent International
Advent International announced its divestment from Oxea, one of the largest global manufacturers of oxo chemicals.
30.09.2013 • News
Oxea Expands Alcohol Portfolio to Include 3-Methylbutanol
Chemical manufacturer Oxea announced that it is expanding its portfolio of higher alcohols with 3-methylbutanol (isoamyl alcohol), a versatile intermediate product for the chemical industry.
27.09.2013 • News
Oxea’s Ruhrchemie Plant Honored as “Historical Landmark of Chemistry”
On their anniversary "75 years of oxo synthesis", Oxea and the Association of German Chemists (GDCh) recognized the pioneering work of Dr. Otto Roelen in the field of hydroformylation (oxo synthesis).
25.09.2013 • News
Oxea Celebrates 75 Years of Oxo Synthesis
On September 20, 1938, the German chemist, Dr. Otto Roelen, then the research director at Ruhrchemie in Oberhausen (now Oxea), filed a patent application for the oxo synthesis.
14.05.2013 • News
Oxea Reports Strong EBITDA Uplift in Q1 2013
Adjusted EBITDA increased from €45 million in Q1 2012 to 53 million in Q1 2013 (+18%), the third best quarterly result of Oxea since its inception in 2007.
25.02.2013 • News
Oxea Reports Increased Revenues and Earnings in Q4 2012
Oxea, a global supplier of Oxo Intermediates and Oxo Derivatives, today announced for the fourth quarter of 2012 a strong earnings increase compared with the fourth quarter of 2011.
29.01.2013 • News
Oxea Announces Sales Control on Intermediates in the Americas
Effective immediately Oxea will implement a 100% sales control in North and South America
