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News Release from: Dow Technology Licensing | Subject: LP Oxo in China
Edited by the Processingtalk Editorial
Team on 08 July 2008
LP Oxo Technology for Lihuayi Group in
China
LP Oxo Selector Technology, which is co-operatively offered by Dow Technology Licensing and Davy Process Technology, has been selected by Lihuayi Group in China for a new 250 KTA facility
Slated to produce 140 KTA 2-ethyl hexanol, 85 KTA normal Butanol and 24.4 KTA iso-Butanol, the plant will be built in Dongying City, Shangdong Province and is due on-stream in 2010 At the contract signing ceremony on April 17, Dr Molly Zhang, business vice president of Dow Technology Licensing welcomed The Lihuayi Group as the 24th licensee of LP Oxo Technology worldwide
This article was originally published on Processingtalk on 14 Feb 2008 at 8.00am (UK)
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"We are honoured to play such a key role in helping Lihuayi create value with products that are welcomed by the growing Chinese market," Zhang said.
"We are continuously improving our technologies to give our clients a long-term competitive advantage that addresses their specific needs".
Dr David Tomlinson, president of Davy Process Technology, also stressed the value of long-term collaboration: "This agreement marks the first step in our collaboration with Lihuayi Group, and we look forward to a long and mutually successful relationship.
The strong performance of LP Oxo Technology, in addition to the long history of collaboration between Davy and Dow, delivers tremendous value to our clients.
That our technology has maintained a majority share in the world's Oxo alcohols production since it was introduced more than 30 years ago shows that the industry's confidence in our technology and superior service continues".
"Dow and Davy have rich experience and outstanding performance in China," said Mr Xu Yunting, chairman and CEO of Lihuayi Group.
"Selecting their state-of-the-art LP Oxo Selector Technology will help us develop a more competitive value chain.
Meanwhile, we hope to establish a long-term and cooperative relationship with Dow and Davy through mutual benefit and reciprocity by expanding the cooperation to other areas and achieving harmony and win-win development".
For three decades, Dow Technology Licensing has offered leading process and catalyst technologies to the petrochemical industry in China.
Within the past two years, 11 licensees in China have selected Dow technologies, including Unipol Polypropylene Technology, Meteor EO/EG Process and Mass-ABS Technology.
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