Johnson Matthey (JM), and Dow 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, said the company.
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.
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