- LP Oxo℠ is the second such licence for Anqing
- LP Oxo℠ has now been licensed 23 times in China, further proving the value of this advanced technology
Midland, Mich and LONDON – September 28, 2022 – Johnson Matthey (JM) (LSE: JMAT), and Dow (NYSE: DOW) today announced Anqing Shuguang Petrochemical Oxo Co., Ltd. (Anqing), has licensed LP Oxo℠ Technology to produce approximately 200 kta 2-ethylhexanol and 25 kta iso-butyraldehdye.
This licence, the second LP Oxo℠ Licence for Anqing and the 23rd licence of LP Oxo℠ Technology served in China, will support expanding Anqing’s oxo business in the growing oxo alcohols’ market. The plant is expected to come online in 2024. Anqing first started operating LP Oxo℠ Technology in 2016 to produce 100kta 2-ethylhexanol, 115 kta nomal butanol and 23 kta iso butanol.
Hector Miravete, Global Commercial Director – Catalyst Technologies at Johnson Matthey says: “This is a significant endorsement of our technology. The new design includes improvements we have made to ensure LP Oxo℠ Technology remains world leading. We have started the process design and look forward to working closely with Anqing as they construct the plant.”
“This second licence for the use of LP Oxo℠ Technology with Anqing reinforces the value of this proven technology and its broad intelluctual property portfolio,” said Lauren James, global business director, Dow Industrial Solutions. “Further, this project provides the opportunity for quick expansion in the China oxo alcohols market with new innovations to complement a technology with which Anqing has extensive operating experience. As an official licensee, Anqing will have access to new innovations to complement the first plant and access to JM and Dow expertise in support of this new second plant.”
2-ethylhexanol is used for plasticising PVC, making speciality adhesives and paints. Iso-buyraldehyde is used for speciality coatings and solvent applications.
About LP Oxo℠ Technology
LP Oxo℠ 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), normal-, and isobutanol used primarily in plasticiser applications, paint manufacture, and speciality coatings and solvents, respectively. Additional applications of LP Oxo℠ Technology include a process for producing isononyl alcohol and 2-propyl heptanol, both growing plasticizer alcohol alternatives 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. In 2021, JM and Dow celebrated their 50th anniversary in collaborating in the field of LP Oxo℠ Technology development and licensing. Over the course of those 50+ years, JM, Dow and their predecessors have licensed the LP Oxo℠ Technology into 57 projects in 15 countries.
About Johnson Matthey
Johnson Matthey is a global leader in sustainable technologies that enable a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products. Our science has a global impact in areas such as low emission transport, energy, chemical processing and making the most efficient use of the planet’s natural resources. Today about 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. For more information, visit www.matthey.com. Inspiring science, enhancing life.
About Dow
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
For further information, please contact:
JD Sterba
+1 (248) 821-1133
jdsterba@dow.com
Johnson Matthey
+44 207 269 8001
jmpr@matthey.com