Oxea: Planned Turnaround at German Oberhausen plant

MONHEIM AM RHEIN, Germany–(BUSINESS WIRE)–From May 26, 2018, OxeaÔÇÖs production site in Oberhausen, Germany, will
undergo the regular statutory planned turnaround. For an expected four
weeks of routine inspections, the facilities at the Oberhausen site will
be shut down as part of a coordinated maintenance plan. Oxea will use
this time to implement projects – for example, to eliminate production
bottlenecks and to modernize plants according to the latest
technological findings.

"Planned turnarounds and associated measures contribute to the safe and
efficient operation and extend the life of our plants. The multitude of
tasks in this project requires a broad and well-coordinated
organization. For many months we meticulously prepared ourselves for
this turnaround with about 15 teams from the technical, operational and
commercial areas at Oxea. A smooth process and on-time delivery are
important to us. However, safety is Oxea's top priority," commented
Project Manager Dr. Ing. Oliver B├╝lters.

Oxea has taken all measures to ensure that the contractual delivery
obligations are met even during the turnaround at the Oberhausen plant.
Jacco de Haas, Vice President of Global Sales at Oxea said: "Our
customers know us as a reliable partner. Working closely with our supply
chain unit, we have made clear agreements that we will comply with."

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. Oxea employs more than 1,400
people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a
commercial company wholly owned by the Government of Oman. Established
in 1996, it pursues investment opportunities in the wider energy sector
both inside and outside Oman. OOC plays an important role in the
Sultanate's efforts to diversify the economy and to promote domestic and
foreign investments. For more information about Oxea, visit www.oxea-chemicals.com

Contacts

OXEA GmbH,
Thorsten Ostermann
Communications and Press
Relations
Phone: +49 (0)2173 9993 3009
[email protected]