Skip to main content
Sister Publication Links
  • Middle East Foam & Polyurethane
  • UTECH Asia/PU China
  • UTECH Europe
  • UTECH Las Americas
Subscribe
  • My Account
  • Login
  • Subscribe
  • Ukraine
  • News
    • Asia
    • Americas
    • Europe
    • M & A
    • Financial results
    • Automotive
  • Data
  • Information
    • Country Overview
    • Market Sector overviews
    • Technical articles
    • Company profiles and strategies
  • Events
    • Exhibitions
    • Conferences
    • Webinars / Livestreams
    • Become a Speaker
    • UTECH Europe 2021
  • Advertise
  • Contact Us
  • Issues
  • Subscribe
MENU
Breadcrumb
  1. Home
  2. News
June 29, 2010 12:00 AM

Oxea offers Euro 500 m in senior secured notes

Utech Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Luxembourg -- Oxea, a German-based supplier of solvents, polyols and oxo derivatives, announced recently that it is offering Euro 500 million of Senior Secured Notes, due in 2017.

    Oberhausen, Germany-based Oxea said it will use the proceeds from the offering to refinance its existing debt, optimise its capital structure and extend its debt maturity profile. The bond will be offered to institutional investors both in Europe and the US.

    Oxea is a global manufacturer of Oxo intermediates and derivatives such as alcohols, polyols, carboxylic acids, speciality esters and amines. It sells these products in the merchant market (to third party customers) where they are used to make high-quality coatings, lubricants, cosmetic and pharmaceutical products, flavourings and fragrances, printing inks and plastics. In the 12 months ending May 2010, Oxea generated revenue of about Euro 1100 million with about 1380 employees in Europe, the Americas and Asia.

    Oxea was formed in 2007 when Advent International bought from Celanese Corp its Oxo intermediates and derivatives activities, as well as the entire operations of European OXO GmbH ("EOXO"), which had been a 50-50 joint venture of Celanese and Degussa AG.
    "

    Recommended for You
    Self-blowing non-iso PU foam created
    Self-blowing non-iso PU foam created
    US mattress imports continued to surge in March 2022
    US mattress imports continued to surge in March 2022
    FRX’s Nofia FRs given ChemForward’s Safer designation
    FRX’s Nofia FRs given ChemForward’s Safer designation
    Latest Issue
    April/May 2022 issue
    Click HERE for Free Download
    View All Archives
    Get our newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Register to access our archive of leading information on the polyurethanes industry.

    Subscribe now
    Connect with Us
    • Twitter
    • LinkedIn
    • Facebook
    • Youtube

    Follow us on social media for the latest polyurethanes industry news and event updates.

    Logo
    Contact Us

    Office 127,
    61, Willow Walk,
    London
    SE1 5SF
    E-mail us
    +44 (0) 203 287 5979

    Customer Service:
    +1 313 446 0450

    Resources
    • Advertise with Us
    • Media Kit
    • Staff
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Ukraine
    • News
      • Asia
      • Americas
      • Europe
      • M & A
      • Financial results
      • Automotive
    • Data
    • Information
      • Country Overview
      • Market Sector overviews
      • Technical articles
      • Company profiles and strategies
    • Events
      • Exhibitions
      • Conferences
      • Webinars / Livestreams
      • Become a Speaker
      • UTECH Europe 2021
    • Advertise
    • Contact Us
    • Issues
    • Subscribe