Germany's Oxea Chemicals has announced a Eur100/mt increase in normal butanol, isobutanol, normal butyl acetate, isobutyl acetate, normal butyraldehyde and isobutyraldehyde prices effective January 1 for Europe, Middle East and African markets.
In a release issued Thursday last week, the company said that these increases are driven by tight supply, improved demand and the need to secure material to cover Oxea's turnaround in May 2013.