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Company news

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Topic

20 Apr 2021

BREAKOUT SESSION: Q&A with Prof. Weichmann on Gravure Printing and Proplys as an Alternative Solvent System

In line with their long tradition in gravure printing, the Hochschule der Medien (HdM) Media University in Stuttgart conducted an in-depth study showing the savings potential and sustainability benefits of using propyls as a solvent system. The study included industrial scale test runs under laboratory conditions with 17,000 m run length in flexographic printing, and 10,000 m run length in gravure printing.

On April 21 at 10:30 CET, OQ will host a special breakout session with Professor Armin Weichmann from HdM Stuttgart.

During  the session, he will:
 
  • Explain the findings from the study
  • Discuss the advantages propyls offer over conventional Ethyls based on the trial results
  • Share the latest in print media technologies and gravure printing from HdM Stuttgart
He will also be available during the session to answer questions from the attendees about the trials and gravure printing.

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11 Apr 2021

Drupa 21: OQ Propyls to Offer Solutions to Meet the Industry's Current Challenges

OQ Chemicals (formerly Oxea) is reaching out to the print and flexible packaging markets ahead of Drupa 2021 to reaffirm its commitment in guiding the industry on the benefits and efficiencies inherent in its best-in-class propyl blends.

Promoting the key benefits of less solvent, less ink and less waste when choosing OQ Propyls, the company will use the Drupa 21 trade event to explain how Propyls are proven to help printers tackle today’s current challenges as well as the potential to use Propyls as a complete replacement for conventional solvents in rotogravure or flexographic printing processes.

Through research with major printers and ink manufacturers across more than 40 trials on an industrial scale, OQ has demonstrated that propyls-based ink solvents deliver a more stable process, less foam formation, less clogging, less scrap and fewer retardants – in addition to improvements in quality and long-term cost savings.

“By supplying both the polymers used for film substrates and the Propyls solvent system for printing, and with storage hubs strategically located in Europe, Asia and the Americas, we are to able bring more complete packaging and printing solutions to the industry,” says OQ’s Head of Global Marketing, Markus Hoschke.

With processes and storage facilities in place to help alleviate the industry’s concerns over transportation, logistics, supply and localized customer service, OQ is ready to support the flexible packaging industry as it continues to grow at an accelerated rate of 4-5% per annum.

“We want our customers to know that we are listening and are here to help them tackle the challenges of today and the future,” concludes Hoschke.

In addition to the expert team being present virtually to meet with current and future customers through the event’s Matchmaking tool, OQ will also host a special Drupa Web Session on 21 April at 9:20 a.m. The Web Session will focus on how OQ Propyls solvent blends can help printers achieve their goals and how it is a compatible solution to other alcohols in the printing industry.

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06 Apr 2021

WEBINAR: Discover How OQ Propyls Can Lead to Less Solvent, Less Ink and Less Waste

Oman’s leading global integrated energy company, OQ, invites you to join its webinar at Virtual Drupa.

OQ's fuels, polymers and chemicals are sold in over 60 countries worldwide, making us a prominent player in the industry.

The Virtual Drupa session will introduce you to OQ Propyls and explain how it can help you can achieve significant savings in terms of solvent and ink consumption.

Global trials have shown average savings to be in the region of 20% for ink and 30% for solvents, and OQ is able to deliver a stable supply of n-propanol and n-propyl acetate mixtures and pure n-propyl acetate from its strategically positioned global hubs in Europe, Asia and the Americas.

Interested in finding out how you can utilise OQ Propyls? Join our webinar at 9.20am on April 21, 2021.

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15 May 2020

More Than a Name Change: Oxea is now OQ Chemicals

Monheim am Rhein, Germany, May 15, 2020 – The global chemical company Oxea has officially changed its corporate name to OQ Chemicals as a token of its final integration into the newly formed energy company OQ. Complementing the name change is a new corporate identity, reflecting the potential of the group, and a new website under www.chemicals.oq.com. OQ aims to become a global leading energy company and offers a diversified product mix, including energy, polymers, and oxo chemicals.

“We are committed to provide the same service level and to support the growth and success of our customers,” said Dr. Oliver Borgmeier, responsible for the Downstream International Assets at OQ. “Long-term, our customers will benefit from synergies at OQ: We will continue to invest in innovation. In 2021, we aim to add 30 percent to our company’s total production capacity for carboxylic acids with a sixth world-scale production plant. For the same year, we plan to bring on-stream additional production capacity for TCD Alcohol that will cover the anticipated global demand for years to come,” he added.

Oxea became part of the Oman Oil Company (OOC) in 2013. Since then, numerous growth programmes were initiated and implemented. At the end of 2019, under the leadership of OOC and Orpic Group, nine Oman based companies which were already affiliated formed the new brand identity ‘OQ’.

“Having one brand globally was highlighted earlier in the integration process as a key enabler for integration. Much of the feedback we received then was that we needed a new platform and a new identity to enable us to come together and create the future company we are all proud of. The choice was also for a new, fresh, bold, and global brand that will represent the new company that we are. So that was OQ!” explained OQ Group CEO Musab Al Mahruqi.

“Our aim with this new company is to develop a unique integrated model for an energy company that delivers sustainability and business excellence. The world will know us for our people, our agility, customer-centric approach and innovation. We have an ambitious growth plan aiming to double our EBITDA in the next ten years and investing over USD 28 Bn in new projects. We will also invest in alternative energy, retail, and gas-to-plastics projects. This will be exciting for our people, our customers, and our communities,” he continued.

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23 Jan 2020

Oxea Integrates into Newly Formed Energy Company

The chemical company Oxea, part of the Oman Oil Company & Orpic Group, joins eight other companies in a process to create a new, integrated energy company which will trade under the brand name ‘OQ’. OQ aims to become a global leading energy company, capturing and capitalising on greater participation in the global hydrocarbon value chain.

“During the ongoing integration phase, our current business processes will remain unchanged. Oxea will continue to provide the very reliable and flexible services that customers from across the globe have come to expect from us in recent years,” said Dr. Oliver Borgmeier, COO at Oxea. “In fact, with a focus on oxo derivatives and specialty chemicals, we invest significantly to serve the global markets better. Digitalization and automation present considerable opportunities to enhance efficiency in our plants and to improve our flexibility further to meet changing demand. By 2021, we expect additional production capacity for TCD Alcohol to go on-stream that will cover the anticipated global demand for years to come. This highly functional molecule finds uses in optoelectronics, packaging, automotive applications, as well as in specialty adhesives and surface coating systems.”

Also in 2021, Oxea plans to start up its sixth world-scale production plant for carboxylic acids in Oberhausen, Germany. Once brought onstream, it will increase the company’s total production capacity for carboxylic acids by more than 30 percent.

To ensure a seamless and robust transformation, OQ launched an integration program to form one company from nine core assets: Orpic, Oman Oil Company,
Oman Oil Company Exploration and Production, Oman Gas Company, Duqm Refinery, Salalah Methanol Company, Oman Trading International, Oxea, and
Salalah Liquified Petroleum Gas.

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