WorldAsia-OceaniaJohnson Matthey and Dow license LP Oxo Technology in China

Johnson Matthey and Dow license LP Oxo Technology in China

Type of event:
New technology presentation, New business deal

Victims

Wounded

Date

September 30, 2022

What happened

Johnson Matthey plc (JM, London) and Dow (Midland, Mich.) announced that Anqing Shuguang Petrochemical Oxo Co., Ltd. (Anqing), has licensed LP Oxo Technology to produce approximately 200,000 ton/yr of 2-ethylhexanol and 25,000 ton/yr iso-butyraldehdye. This license, the second LP Oxo license for Anqing and the 23rd license 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.

Where it happened

Main sources