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Dow and Davy License LP OxoSM Technology to Wison (Nanjing) Clean Energy Co., Ltd. in China
Midland, MI, USA; London, England; Shandong, China - October 28, 2011
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Davy Process Technology Limited (DPT), a Johnson Matthey company, and The Dow Chemical Company's (Dow) Oxygenated Solvents business announced that Wison (Nanjing) Clean Energy Co., Ltd. (Wison Energy), a member company of the Wison Group located in Nanjing Chemical Industrial Park in China, has selected LP OxoSM SELECTORSM 10 Technology for its new oxo alcohols plant in Nanjing, China. With this licence, Wison Energy will build a LP OxoSM plant with capacity of 125 kta of 2-ethylhexanol and 125 kta of butanols. Wison Energy's Nanjing Plant currently operates a 600 kta carbon monoxide plant and supplies carbon monoxide, synthesis gas, hydrogen, and methanol to other facilities located in the Nanjing Chemical Industry Park. Wison Energy's new LP Oxo plant is the 15th LP OxoSM license to be granted in China, and the third to be announced this year. "We are honoured Wison Energy has selected LP OxoSM SELECTORSM 10 Technology" said Antoine Bordet, Managing Director of DPT. "This will be our 47th LP Oxo project and we look forward to working with Wison Energy from process design to successful start-up". In addition to the license agreement, Dow and Wison Energy also signed a product purchase agreement whereby Dow will purchase a portion of product over a certain period of time from Wison Energy's LP Oxo plant. "Having simultaneously concluded both the license and product purchase agreements creates additional benefits. Wison Energy benefits from baseloading its new plant, and Dow benefits by gaining access to future product from a state-of-the-art facility," said Alan Robinson, Asian Business Director, Oxygenated Solvents and LP Oxo Technology Licensing Business Director, Dow. "Wison is glad to collaborate with DPT and Dow," commented by Mr. Liu Hongjun, General manager of Wison Energy, "By introduction of the cutting edge LP OxoSM Technology from DPT and Dow, as well as signing a supply agreement with Dow, it helps us to broaden our product portfolio and enhance our strategic position to become a leading basic chemical raw material supplier in China by adopting advanced and clean technology." Other recently announced LP OxoSM SELECTORSM Technology licenses in China include: YanKuang Cathay Acetyl Chemical Company (China) - YanKuang Cathay Acetyl Chemicals Co., Ltd. (YKCC) is one of China's largest state-owned coal mining companies. YKCC selected LP OxoSM SELECTORSM 10 Technology for its new facility and will build a new 150 kta butanols plant with capacity of 136 kta of normal butanol, most of which will be used for the internal production of butyl acetate. Shandong Province (China) - The licencing of a new 140 kta 2-ethylhexanol plant utilizing LP OxoSM SELECTORSM 10 Technology in the Shandong Province, People's Republic of China was annouced earlier this year. About LP OxoSM SELECTORSM Technology LP OxoSM SELECTORSM Technology is a low-pressure hydroformylation process that is most commonly used with propylene and synthesis gas (a mixture of hydrogen and carbon monoxide) to produce normal- and isobutyraldehydes. These butyraldehydes are then converted into 2-ethylhexanol (2-EH) and normal- and isobutanol. Additional applications of the LP Oxo Technology include a process for producing 2- propyl heptanol, a growing plasticizer alcohol alternative to 2-EH, from mixed butene streams and a process for producing C12 to C15 surfactant range alcohols from C11 to C14 Fischer-Tropsch olefins. The technology is also applied as a component of a process plant for converting heptene-1 that has been extracted from Fischer-Tropsch products to co-monomer grade octene-1. For over 40 years DPT and Dow have co-marketed and delivered LP Oxo Technology licenses and services. To date, 47 projects at 35 plants have been licensed in 15 countries, on four continents. LP Oxo Technology is recognized as the world's leading licensed Oxo technology, contributing to more than 90 percent of the world's licensed propylene based Oxo capacity. About Davy Process Technology Davy Process Technology, a Johnson Matthey company, has a global business in petrochemicals technology development and technology licensing. The company has its headquarters in London and has a Technology Centre in Teesside, UK. It owns a range of proprietary process technologies such as methanol, Fischer Tropsch, SNG, butanediol, natural detergent alcohols, Oxo alcohols, PTA, industrial amines, ethyl acetate and propylene glycol. For further information, visit the company's website at www.davyprotech.com. About Dow Dow combines the power of science and technology with the “Human Element” to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2010, Dow had annual sales of $53.7 billion and employed approximately 50,000 people worldwide. The Company's more than 5,000 products are manufactured at 188 sites in 35 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com. About Wison (Nanjing) Clean Energy Co., Ltd. Wison (Nanjing) Clean Energy Co., Ltd. (hereinafter Wison Energy) is a subsidiary of the Wison Group. Utilizing coal as the feedstock, the company employs clean production technologies to provide its corporate customers with a long-term supply of high quality chemicals, including carbon monoxide, methanol, hydrogen, syngas, sulfur and butyl-octyl alcohol. Wison Energy's goal is to become a leading supplier of industrial gas and downstream olefin products made from coal. The company's coal-to-chemical plant in Nanjing employs processes and equipment that are among the world's most advanced ones, resulting in low coal consumption with high output efficiency. The rate of water reuse and the extent of recycling of waste gas, waste water, and waste residues also make Wison Energy's Nanjing plant a leading installation when compared to similar facilities in China and overseas. This has enabled Wison Energy to become a key player in the complementary industrial chain within Nanjing's Chemical Industry Park to achieve resources optimization and prosperity sharing with the partners. Wison Energy currently enjoys long-term collaborations with many leading Chinese and international chemical corporations, including Celanese, BASF-YPC, LingTian(Nanjing) Fine Chemical and the leading Chinese chemicals provider, Bluestar. To obtain more information about Wison, please visit the company's website at http://www.wison.com. For Editorial Information: Kelly Samalik Atul Shah |
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