NewsFlashOman Oil Company acquires Oxea

10 October 2013 11:06  [Source: ICIS news]

LONDON (ICIS)--The Oman Oil Company (OOC) has acquired oxo-alcohols producer Oxea from Advent International for an undisclosed sum, the Sultanate’s oil company said on Thursday.

Oxea generated sales of €1.5bn ($2.0bn) in 2012 and with a production capability of 1.3m tonnes is one of the largest producers of oxo chemicals and derivatives in the world.

($1 = €0.74)

By: Nigel Davis
+44 20 8652 3214

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