The products in question are Trimethylolpropane and Neopentylglycol which are used for the production of, cosmetics, flavorings and fragrances.
The price will see the products go to 0.03 $/lb in the US, and 150 €/mt in Europe.
In 2011, Oxea generated revenue of about €1.5 billion ($1.9bn) with its 1,365 employees in Europe, the Americas and Asia.




