Report of the Directors
Business Review

Supporting
Our Strategy
– Global Drivers

Click to
enlarge
Our Strategic Intent. Our Strategy. Supported by:

Global Drivers

As demand for chemical intermediates in China continues to grow, engineers at Davy Process Technology design and develop processes to enable customers to operate their plants at optimum efficiency.

Economic Development in China Drives Oxo Alcohols Technology Demand

“At Davy Process Technology we design and develop processes to help chemical manufacturers operate their plants safely and in the most economic and environmentally efficient way. Our process designs provide our customers with a flowsheet, or blueprint, on how to best build and operate their plants.

Through a continued focus on R&D over the years and working with our licence partner, The Dow Chemical Company, we have jointly developed a world leading process for the manufacture of oxo alcohols. Oxo alcohols are important chemical building blocks which are used to make high performance plasticisers for use in the construction and motor industries and for the manufacture of a wide range of everyday items.

Major global drivers, in particular population growth, urbanisation and increasing wealth in China, are fuelling the expansion of the Chinese chemical industry as it strives to meet the needs of the developing economy. As a result, we have seen strong demand for our oxo alcohols process technology from chemical manufacturers in China and in 2012/13 we secured a further five new oxo alcohols licences. We work closely with our customers during the design, build and commissioning of their plants and this, together with world leading state of the art technology, has enabled us to establish our position as the premier supplier of oxo alcohols technology in China.”

Back to top