OQ Chemicals acquired by SVP; rebrands as Oxea

OQ Chemicals acquired by SVP; rebrands as Oxea

Oxo chemicals firm OQ Chemicals is now known as Oxea. Following its acquisition by funds managed by Strategic Value Partners, LLC (SVP) and by Blantyre Capital, the global chemical company is rebranding to Oxea.

The company says Oxea reflects a renewed strategic vision focused on innovation, operational excellence, and dynamic global growth. While the name draws on a strong legacy of quality and expertise, the rebrand signals a new direction, backed by new ownership and a commitment to innovation and long-term success, it further adds.

“This rebranding is a clear signal of our intent to drive growth and further strengthen our leadership in the global oxo chemicals market. Oxea combines continuity with change: we are an established partner entering a new era with renewed energy and a strong determination to help shape the future of the oxo chemical industry,” said Craig Rogerson, incoming Chairman of the Oxea Board of Directors.

At its Bay City site in the US, the company now supplies high-purity propionaldehyde, helping partners meet increasing customer demand.

In addition, Oxea has recently expanded its product portfolio with the launch of heptanoic acid production at its world-scale facility in Oberhausen, Germany.

Oxea is a manufacturer of Oxo Intermediates and Oxo Performance Chemicals such as alcohols, polyols, carboxylic acids, specialty esters, and amines. These are used to produce high-quality coatings, lubricants, cosmetic and pharmaceutical products, flavours and fragrances, printing inks, and plastics.

Oxea employs more than 1,200 people worldwide and markets its chemicals in more than 60 countries.