Midland, MI, London, U.K., and Taipei, Taiwan - November 10, 2008
LP OxoSM SELECTORSM 30 Technology using the NORMAX™ Catalyst, which is cooperatively offered by Dow Technology Licensing, a business unit of The Dow Chemical Company and its consolidated affiliates (Dow), and Davy Process Technology Limited (DPT), a Johnson Matthey company, has been selected by NanYa Plastics, a subsidiary of Formosa Plastics Group in Taiwan, to retrofit and expand its existing LP Oxo SELECTOR 10 facility in Taiwan. With startup targeted for early 2010, the retrofit will increase production capacity to a total of 241,600 metric tons per year of normal butyraldehyde and iso-butyraldehdye from the current capacity of 192,000 metric tons per year and an increase in the production capacity of 2-ethylhexanol (2EH) to 200,000 metric tons per year from the current capacity of 150,000 metric tons per year. NORMAX™ Catalyst will enable a normal to iso-butyraldehyde selectivity ratio of 30:1 which will reduce propylene usage to 2EH by over 6% compared to current operation.
“NanYa is the largest SELECTOR 30 retrofit we have undertaken and we are happy to meet the changing needs of our customers with our proven LP Oxo technology,” says Dr. Molly Zhang, business vice president of Dow Technology Licensing. “This agreement represents another significant milestone for the LP Oxo business as we continue to offer value with technology retrofits to existing licensees.”
“We are honoured NanYa has decided to expand their oxo plant by utilising the LP OxoSM SELECTORSM 30 Technology. This will be the 41st project utilising LP Oxo Process Technology and we look forward to working with NanYa throughout the plant design process, start-up and operation.” says Dr. David Tomlinson, President of DPT.
About LP OxoSM SELECTORSM Technology
LP OxoSM SELECTOR Technology is a low-pressure hydroformylation process that uses propylene and synthesis gas (a mixture of hydrogen and carbon monoxide) to produce normal- and iso-butyraldehydes. These butyraldehydes are then converted into 2-ethylhexanol (2EH) and normal- and iso-butanol. For more than 30 years, Davy and Dow have co-marketed and delivered LP Oxo Technology licenses and services. To date, the technology has been licensed for 29 plants in 15 countries, on four continents. LP Oxo Technology is recognized as the world’s leading licensed Oxo technology, contributing to more than 85 percent of the world’s licensed propylene based Oxo capacity.
About Davy Process Technology
Davy Process Technology has a global business in petrochemicals technology development and technology licensing. The company has headquarters in London, and its Technology Centre is in Stockton-on-Tees. It owns a range of proprietary process technologies such as Methanol, Gas Conversion Technologies, Butanediol, Natural Detergent Alcohols, Oxo Alcohols, Industrial Amines, Ethyl Acetate and Propylene Glycol. For further information, visit the company’s website at www.davyprotech.com.
About Dow
Dow Technology Licensing (DTL) is a business unit of Dow that markets technologies owned by The Dow Chemical Company and its consolidated affiliates. DTL offers a portfolio of leading process and catalyst technologies to the petrochemical industry around the world. Our focus on research and development ensure the long term competitive advantages of our customers. The local dedicated client teams and technical resources provide timely comprehensive services to our customers. More information about Dow Technology Licensing can be found at www.dow.com/licensing or www.dow.com.cn.
About Nan Ya Plastics
Nan Ya Plastics Corporation was founded in 1958. It is one of the Formosa Plastics Group's major manufacturing companies. Nan Ya Plastics Corporation is the world's largest secondary plastics processor. After years of continuing expansion and development, the firm's major products now stretch across the four major industries of plastics, fibers, electronics materials and petrochemical raw materials. More information about Nan Ya Plastics can be found at www.npc.com.tw.
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For Editorial Information:
Doug Brinklow
The Dow Chemical Company
989-636-2320
Juno Chen
The Dow Chemical Company
+86 21 3896-1687
Kay Deveney
Davy Process Technology
+44 20 7957 3374
Gardner Hatch
Gibbs & Soell, Inc.
+1 212 687 2600 ext. 1256
ghatch@gibbs-soell.com
