Dow Partners with Handsome Chemical, New Challenges Emerge in the Chemical Industry!

With the gradual recovery of the global economy and the vigorous development of emerging industries, the demand for chemical products has shown a trend of diversification and high-end. In the fields of coatings, inks, building materials and agrochemicals, as an important application direction of chemical products, the requirements for product performance and environmental protection are increasing, which undoubtedly poses higher challenges and opportunities for the chemical industry.

In this context, Dow and Qianxin Chemical Group work together to embrace new market opportunities. On the afternoon of November 7, 2024, at the Seventh China International Import Expo (hereinafter referred to as CIIE), Dow's booth once again became the focus of attention in the industry.

Dow and Qianxin Chemical Group officially signed a memorandum of understanding on strategic cooperation, opening a new chapter in the cooperation between the two sides. The signing site was selected at the Dow booth of the 7th CIIE, which undoubtedly highlights the importance and expectations of the two sides for this cooperation.

In order to continue to promote the market vitality of its products, Dow will provide key raw materials of n-propyl alcohol and n-butanol to Qianxin Chemical Group under the Memorandum of Understanding on strategic cooperation to bring more quality products to the market. This will not only help enhance the market competitiveness of both sides' products, but also further promote the sustainable development of the chemical industry.

As one of China's top 500 chemical enterprises and one of the world's largest acetate solvent manufacturers, Qianxin Chemical Group plays an important role in the chemical industry. Its main products include n-propyl acetate, n-butyl acetate and butyl acrylate, etc. These products have a wide range of applications in ink printing, coatings, building materials and other industries.

As a healthy and environmentally friendly solvent, n-propyl acetate has been widely used in ink printing and other industries, such as food packaging and other fields, and the market demand is broad. N-butyl acetate is used as a common solvent in the paint industry, especially in the automotive paint and building decoration wood paint industry, which helps to improve the construction performance and drying performance of the paint. As a key raw material of building emulsion, butyl acrylate plays an indispensable role in improving the performance of building materials.

With the signing of the cooperation agreement, the two sides will continue to explore new cooperation models and areas in the future cooperation, jointly cope with market challenges, and achieve mutual benefit and win-win results. Chemical industry as an important industry of national economy, green transformation is the key to achieve sustainable development. Under the strong alliance, the two sides can achieve resource sharing and complementary advantages in commercial cooperation, product sales, market expansion and other aspects, contributing to the realization of the global "dual carbon" goal, and promoting the innovation and development of the entire chemical industry.

We look forward to more fruitful results in the future cooperation between the two sides and contribute to the sustainable development of the chemical industry!