Oxea Publishes First Sustainability Report

MONHEIM AM RHEIN, Germany–(BUSINESS WIRE)–The global chemical company Oxea has released its first Sustainability
Report. It features extensive disclosure of Oxea’s fiscal year 2016
performance in governance and ethics, sustainability, health and safety
in the workplace, environmental stewardship, and economic and social
aspects. 2016 sustainability performance highlights include measures to
use energy more efficiently, and excellence in safety, such as Oxea’s
I-Safety Initiative, a very successful “fight the risk” campaign. The
full report is available at www.oxea-chemicals.com/sustainability
.

Oxea CEO Dr. Salim Al Huthaili said: “Oxea has a long-standing leading
position in the global chemicals industry. We understand our critical
role as a chemicals producer, and we are committed to growing our
business reliably and responsibly.”

“At Oxea we see it as part of our corporate image that we will further
look into technologies and process improvements to reduce energy
consumption, achieve more resource-efficient operations, and minimize
our environmental footprint,” added Dr. Oliver Borgmeier, Executive Vice
President Global Operations at Oxea.

As an example, Oxea has been awarded a Silver Award by the rating agency
EcoVadis. Based on an assessment of the company’s activities in the area
of sustainability, Oxea ranks among the top 15 percent of suppliers in
all categories in 2016.

“Addressing today’s environmental challenges and making a significant
contribution to sustainability are vital issues. Our report contains
many examples of the high motivation of the people at Oxea and their
sense of responsibility to perform better and better in the future,”
said Christian Böhmer, Director Corporate Programs at Oxea.

Oxea’s report for the fiscal year 2016 has been prepared in accordance
with the Global Reporting Initiative (GRI) G4 standard reporting
guidelines.

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

Media contact
OXEA GmbH
Thorsten Ostermann
Communications
and Press Relations
Phone: +49 (0)2173 9993-3009
communications@oxea-chemicals.com