OQ Chemicals has officially announced a price increase for several of its Oxo Intermediates products manufactured at its Bay City facility in Texas, USA. This adjustment is scheduled to take effect on May 1, 2025, or as current contractual agreements allow. The company cites changing market dynamics, particularly those related to supply and demand, as the driving force behind this decision.

The specific products impacted by the pricing revision include n-Propanol, n-Propyl Acetate, and n-Butyl Acetate. The price changes will affect customers across multiple regions, with rates varying slightly depending on the geographical market.

For customers in North America and Mexico, the price of n-Propanol will see an increase of $0.04 per pound. Meanwhile, the same product will experience a price hike of $90 per metric ton for clients in South America.

Similarly, n-Propyl Acetate will undergo a price increase of $0.02 per pound in North America and Mexico, while customers in South America will encounter a rise of $50 per metric ton.

Lastly, the price of n-Butyl Acetate will also be adjusted upward by $0.02 per pound in North America and Mexico, with a corresponding increase of $50 per metric ton in the South American market.

These adjustments reflect OQ Chemicals’ continued focus on balancing operational costs with market realities, ensuring long-term sustainability, and maintaining high-quality service and supply reliability for its global customer base. The company remains committed to transparent communication with its partners and customers regarding factors influencing its pricing structures.

It’s worth noting that the new pricing will also apply to customers in other international markets, commonly referred to as ROW (Rest of World), though specific rates for these regions have not been disclosed in the current announcement.

OQ Chemicals is a leading global producer of Oxo Intermediates and Oxo Performance Chemicals, including alcohols, polyols, carboxylic acids, specialty esters, and amines. These essential compounds serve as key ingredients in the manufacturing of high-performance products such as coatings, lubricants, cosmetics, pharmaceuticals, flavors and fragrances, printing inks, and plastics. With a strong international presence, OQ Chemicals operates in over 60 countries and supports a diverse customer base across various industries. The company employs more than 1,200 professionals worldwide, contributing to its mission of delivering innovative chemical solutions that meet evolving market demands. Through continuous investment in technology and sustainable practices, OQ Chemicals remains committed to excellence in quality, safety, and environmental responsibility.