Raw material contract prices : NWECP (North West European Contract Price) NOVEMBER - split settlement at 760,00€/ton - (765,00 and 755,00 €/to) - ROLL-OVER vs. October (full settlement) - Methanol contract price Q4/2019 - 270,00 €/to - minus 35 €/to vs. Q3/2019 fixed at 305,00 €/ton - second decrease in 2019
Oxxynova has an Integrated Management System (IMS) that aims to protect people and the environment and achieve a high-quality standard for our products.
The IMS helps the company to comply with and uphold the legally prescribed requirements set out in the applicable regulations, approvals and standards. Oxxynova is certified as per standards DIN EN ISO 9001 and 14001. The continual monitoring and improvement of these requirements and standards is one of our key objectives, and one to which all company employees are committed.
We see meeting our customers’ requirements as an essential quality criterion for our work. Our customers are given all the necessary information, to enable them to handle our products in a safe and environmentally friendly manner. We select, inform and advise our distributions partners and hauliers in such a way that our products are received by our customers safely and on time.
When procuring raw materials, we ensure that information regarding environmental protection, health and safety, and quality is made available promptly, so that our employees can carry out their work safely.
During production, we endeavour to keep our energy consumption, use of natural resources, and water, soil and air pollution as low as possible. We are constantly working to achieve further improvements and raw materials savings in this area.
We establish and secure the basis for clear communication paths by keeping all relevant documentation pertaining to environmental protection, health and safety, and quality. This is an essential prerequisite for open dialogue between customers, suppliers, contractual partners and authorities, and for the continual improvement of essential business processes.
Regular checks are carried out for potential emissions, in order to evaluate risk and define measures for risk minimisation.
All environmental and safety-related operational processes are subject to ongoing development in line with the state of the art, while the environmental impacts of our operations are kept to a minimum to an economically reasonable extent and with a preventive approach.
We carry out incident management using the appropriate technical equipment, trained personnel and information on the safe handling of raw materials and products, in order to keep accidents, fires and malfunctions with an impact on staff, local residents and the environment to an absolute minimum by way of suitable measures. .
Oxxynova GmbH also has to organize precautionary measures for the protection of the environment and for the safety of the neighborhood due to its responsibility for its business activities.
Our innovative processes conserve the consumption of resources and thus reduce the environmental impact. The safety in the transport, handling and storage of chemicals and products is a crucial point in our logistics concepts. These rules also apply to the safe operation of our production facilities, laboratories and workshops.
In security-related matters, we are in close contact with the relevant authorities. Our sideline plant fire brigade regularly carries out exercises - sometimes together with the municipal fire brigades and rescue services. In this way, we develop the routine that is necessary to think about and react efficiently in the event of an incident.
Even if the danger of an external event is very small, it can not be completely ruled out. With this information (" Important information for your safety ") we would like to inform you about the precautionary measures we have taken and how they behave correctly. 2. Pursuant to Section 17(2) of the German Major Accidents Ordinance (Störfall-Verordnung), we would like to inform you that the last on-site inspection by the responsible supervisory authority took place on 15 February 2018. Further information on this inspection can be requested from us directly or from the trade supervisory board (Gewerbeaufsichtsamt) of Hanover.
Oxxynova is a member of the BAVC (Federal Chemical Employers' Association) of the joint Initiative Chemie3 and therefore implements the common guidelines for sustainability.
has become an essential part of modern management. The applicable laws and provisions for the areas of
are a core element of our management handbook, which sets out the guidelines and processes of our company.
As a result of our decision to opt into the EU Eco-Management and Audit Scheme (EMAS III) from August 1996 onwards, continuous development of all environment- and safety-relevant operational processes is guaranteed, and with it constant improvement of our environmental protection at management and operational level.
EMAS III and DIN EN ISO 14001:2009 (Environmental Management System) are well established standards in our business.
As part of REACh (Registration, Evaluation, Authorisation and Restriction of Chemicals), the chemical management system for existing and new substances, our raw materials and products are also REACh-registered for substance-responsible risk management. REACh is the European regulation for the use of chemical substances in their pure form or as a component in chemical products or in their production. The REACh registration number can be found on all safety data sheets, which provide information on the safe handling of our products.
All of this helps to permanently protect nature and further enhance our company's product range.
Oxxynova GmbH views its employees as the fundamental basis and guarantor for the success of the company. Occupational health and safety, amongst other things, is the foundation upon which this is built. These health and safety principles are set out comprehensively in our management handbook and taken into consideration in the individual process descriptions.
Setting up an occupational health and safety management system and applying this consistently is vital for us, and of great importance in our daily practice. What this means is systematic and full control of processes, identification of requirements and effective implementation thereof, regular inspections of technical installations, transparency in our operational procedures, as well as traceability and an ongoing minimisation of risk.
Our employees are equipped with the necessary personal protective equipment (PPE) for their work and are obliged to wear this at all times. Well trained employees spot potential dangers early on and ensure that these are eliminated, and also help to improve our systems and processes on an ongoing basis. For this reason, we place great emphasis on providing continuing education and training to all our employees.
Worked out in collaboration with a company doctor, internal health and safety measures (occupational health and safety) and precautions are set in place and safeguarded. This means we are fully compliant with the range of tasks set by the German Social Code (SGB) VII with regard to prevention of accidents at work, occupational illnesses and work-related hazards. All of this is done in close collaboration with the "Berufsgenossenschaft Rohstoffe und chemische Industrie" (BG RCI, previously BG Chemie, the German raw materials and chemical industry trade association), and the responsible Trading Standards Office in Hanover.
As a member of the VCI (Verband Chemischer Industrie, Association of the German Chemical Industry), Oxxynova is obliged to comply with the European Responsible Care Security Code, which is stipulated by the European Chemical Industry Council (CEFIC) as the umbrella association.
OXXYNOVA SAFETY FILM
Oxxynova is a medium-sized company in the basic chemicals industry. Our core product is dimethyl terephthalate (DMT), an important raw material for the European technical plastics industry. As Europe’s market leader in the production and sale of DMT, we feel we have a special responsibility to provide a continuous, reliable supply of DMT to our customers and to contribute to their success by providing top-quality products and services.
In addition, in recent years Oxxynova has established itself as a distiller of chemical side-streams as part of its commitment to a circular economy. With a special focus on the distillative recycling of methanols, tetrahydrofuran and glycols, the company processes more than 80,000 tonnes of raw material every year which, once cleaned, can be returned to the producer or reused in further production processes.
We want to be a reliable, conscientious and dynamically innovative partner not just to our customers, but also to our service providers, suppliers and employees, and to work to ensure the success and satisfaction of our various stakeholders.
This code of conduct sets out the values, principles and behaviour that define Oxxynova GmbH’s actions as a company, and is binding for all employees and members of the executive board. The aim of the company management is to comply with ethical standards and create a working environment that promotes integrity, respect and fairness. A strict business policy that follows the law and our guiding principles serves our long-term corporate interests.
In all its commercial decisions and actions, Oxxynova GmbH strives to recognise and respect the applicable laws and the different cultures, business practices and customs at home and abroad. Integrity and sincerity encourage fair competition, including when it comes to our customers and suppliers. The business processes and practices that our market involves must comply with international laws, regulations, requirements, standards and official directives.
Oxxynova GmbH believes it has a duty to act with an awareness of economic, social and environmental issues. It therefore strives to operate its business competently and ethically, and to protect the principles of fair competition in all the markets in which it is active by complying with the applicable laws on cartel prohibition, competition, and restriction of competition. Unfair advantages over customers, suppliers or competitors must be avoided.
The company management is responsible for developing the business in an economical and sustainable fashion. This is done on the basis of medium-term and long-term goals and corporate principles that aim to secure the survival and success of the company in the future.
Oxxynova GmbH expects its employees to be loyal to the company.
All employees must avoid situations in which their personal or financial interests come into conflict with those of Oxxynova GmbH. Therefore, in particular, acquiring a participating interest in competitors, suppliers or customers, or entering into business relationships with them in a private capacity are forbidden if this could lead to a conflict of interest. The interests of Oxxynova GmbH must not be impaired by conflict situations.
Such conflicts of interest could arise in a variety of situations. Therefore, employees may not accept benefits – in any form whatsoever – if it can be reasonably expected that they could influence business decisions or transactions of Oxxynova GmbH. Invitations must be within the bounds of normal business hospitality. Employees must not directly and/or indirectly use the confidential information to which they have access in connection with their position at Oxxynova GmbH to their personal advantage. All employees have a duty to promote the legitimate interests of Oxxynova GmbH as far as possible. Any situation involving competition with the company should be avoided.
Every actual or potential conflict of interest must be reported and discussed with the relevant supervisors.
Quality of our products and services
Our clear focus on quality and customer benefits is an essential precondition for our success. We use our integrated management system for quality, safety, health and the environment as a tool for continuously improving all our services and activities. This system is based on globally applicable standards and takes the requirements of our customers into consideration.
Oxxynova GmbH is fully committed to the principle of sustainable development and taking responsibility for the future. This plays a key role in the way we think and act. We give equal consideration to economic, environmental and social issues. Through our involvement in the global Responsible Care initiative, we commit to actively and continuously improving our services relating to health, safety and environmental protection. Oxxynova GmbH complies with legal requirements, and its own more stringent guidelines, as a matter of course.
The health and safety of our employees is just as important a corporate objective as the quality of our products and our commercial success.
Occupational safety and health protection are integral to all our business operations and are incorporated into our technical, economic and social considerations right from the very start, beginning in the planning phase.
Each of our employees promotes safety and health protection in their own working environment and complies with the occupational health and safety regulations. All our managers have a duty to train and support their employees to allow them to take on this responsibility.
Protecting and promoting the health of our employees is a top priority for us. Our health management strategy includes offering regular medical care through our company health service, designing our workplaces with health matters in mind, and promoting targeted healthcare measures in partnership with health insurance providers.
In our manufacturing processes we guarantee the safe handling of products and residual materials. We minimise our use of materials and energy, as well as our production of emissions and waste.
Continually improving safety and health protection at the Oxxynova GmbH site is especially important to us.
Employees of subcontractors working for Oxxynova are subject to the same safety standards as our own employees. We take this into consideration when selecting and working with subcontractors.
Every single employee in our company is responsible for quality, safety, health and environmental protection, as well as for promoting constant improvement in these areas. Requirements and regulations are described in the integrated management system for quality, safety, health and the environment, as well as in guidelines and instructions. However, the company understands that each individual can make a contribution to the sustainable development of the company. For this reason, we encourage our employees to integrate and implement the principle of sustainability in their daily thoughts and actions.
Oxxynova GmbH condemns corruption and bribery. We will not tolerate any actions that involve doing business by improper means. Employees of Oxxynova GmbH may not offer business partners any benefits or receive or accept benefits from them if this could impede objective and fair business decision-making or even simply create the appearance that this is the case.
All employees of Oxxynova GmbH are required to comply with the rules on insider trading set out in the German Securities Trading Act (Wertpapierhandelsgesetz, WpHG), in particular the ban on insider trading. This applies in particular to employees who have access to non-public information on Oxxynova GmbH or a company with which Oxxynova GmbH does business.
Insider information includes, for example, executive management plans, the introduction of new products or manufacturing processes, corporate transactions, unpublished financial figures of Oxxynova GmbH, significant contracts or business connections, financial information or significant legal disputes, among other things.
The use of significant, non-public information may constitute a violation of law.
All employees of Oxxynova GmbH have an obligation to ensure a safe and healthy working environment. For this reason, safety regulations and practices must be complied with at all times.
As a socially responsible employer, Oxxynova GmbH places great value on its employees, as the success of the company depends on each and every individual. The personnel policy of Oxxynova GmbH helps to ensure that all employees are offered opportunities for personal and professional development. This personnel policy is built on a foundation of mutual respect, open exchange of views, encouragement of critique and ideas, and equal opportunities across all sexes, ages and cultures.
Oxxynova GmbH condemns illegal discrimination and harassment in all its forms. A culture of equal opportunity and mutual trust and respect is something about which we care deeply.
We promote equal opportunities and prohibit discrimination when recruiting employees or when granting promotions or opportunities for development and further training.
Oxxynova treats all its employees equally, regardless of sex, age, skin colour, culture, ethnic origin, sexual identity, disability, religion or belief.
We respect the internationally recognised human rights and ensure that they are complied with. Oxxynova strictly rejects all forms of forced or child labour.
We recognise the right of all employees to form unions and employee organisations
on a democratic basis within the framework of national law.
The right to appropriate remuneration is recognised for all employees. As a minimum, pay and other benefits comply with the applicable national and local laws, and with the level set by the national industry sectors and regions.
Trusting and close cooperation with employee representatives is a key part and proven cornerstone of the corporate policy at Oxxynova GmbH. Open and constructive dialogue underpinned by mutual respect forms the basis for mutual trust and a cooperative environment.
Employees of Oxxynova GmbH have a duty to ensure a rapid and seamless exchange of information within the company. Information must be passed on to the relevant departments accurately and completely, except in rare cases where overriding interests prevail, in particular in connection with the duty of confidentiality. Relevant knowledge must not be unduly withheld, falsified, or disclosed selectively.
Dishonest reporting within the company or to third-party organisations or persons is strictly forbidden. All financial statements and annual reports, business papers and other commercial documents of Oxxynova GmbH must accurately represent business operations and transactions, and must comply with the legal requirements and the accounting policies and internal accounting procedures of Oxxynova GmbH.
All employees of Oxxynova GmbH are responsible for the correct and careful use of the company’s property. All employees have a duty to protect the property of Oxxynova GmbH against loss, damage, misuse, theft, misappropriation or destruction. All employees must immediately inform their supervisors of any use of company assets that does not comply with the above.
A large proportion of the business information of Oxxynova GmbH is confidential or legally protected, meaning that a duty of confidentiality exists. This does not apply in cases where Oxxynova GmbH has approved the publication of information or where disclosure is necessary in order to comply with laws or regulations.
The duty of confidentiality applies in particular to intellectual property. This includes business secrets, patents, trademarks and copyrights, as well as business and marketing plans, drafts, business papers, salary data and any other financial data and reports that have not been published.
All personal information on employees, customers, business partners and suppliers, as well as other third parties, is used with care within Oxxynova GmbH and is kept confidential in full compliance with data protection legislation. The protection of this information must be ensured with the utmost care.
The rules contained in this Code of Conduct form a core element of the corporate culture at Oxxynova GmbH. These principles must be observed uniformly at all times. Every single employee is responsible for making sure this is the case.
Should an employee have concerns or complaints about any of the points listed in this Code of Conduct, or knowledge of a potential violation of the conduct guidelines set out here, they should present these to their supervisor immediately for clarification. This can also be done anonymously or in confidence. If the employee is not satisfied with the explanation, they may take their concern or complaint not just to their supervisor but also to the HR department or the works council. Oxxynova GmbH shall not permit any retaliation in response to complaints that are reported in good faith within the context of this Code of Conduct.
All employees, as well as the members of the executive board of Oxxynova GmbH, are bound by the rules of this Code of Conduct. Violations of this Code of Conduct will have consequences. In serious cases, this may lead to termination of employment.