Shanghai, China, September 4, 2023 – Dow Company (NYSE: DOW), the world’s leading materials science company, and Shanghai Qifan Cable Co., Ltd. (hereinafter referred to as Qifan Cable) at the 10th China International A joint ceremony was held at the cable show A memorandum of understanding (MoU) for strategic cooperation was signed at the cable show. In the future, the two parties will jointly develop innovative solutions for submarine cables, jointly promote the development of the offshore wind power industry, and accelerate the global renewable energy transformation process.
In this collaboration, Dow will provide Sail Cable with ENDURANCE™ compounds to ensure the insulation performance of Sail Cable in high-voltage alternating current transmission (HAVC) and high-voltage direct current transmission (HVDC) submarine cables. Dow ENDURANCE™ HFDD-4201SC is produced under strict cleaning standards and can give high-voltage AC submarine cables excellent performance, longer service life and higher reliability. In addition, the product excels in degassing time and scorch resistance, increasing productivity and shortening delivery times. For HVDC transmission systems, Dow ENDURANCE™ HFDB-4401 UDC also ensures long extrusion of the cable and increases the rated operating temperature of the cable to 90°C, helping to maximize transmission power.
The International Energy Agency’s “Electricity Market Report 2023” predicts that by 2025, the proportion of renewable energy power generation in total global power generation will increase from 29% to 35%. At the same time, offshore wind power, one of the main sources of electricity, will also usher in rapid development, helping the world transition to a low-carbon and more sustainable energy system.
Li Mingzhuang (Bambang Candra), Vice President of Dow Packaging and Special Plastics Division Asia Pacific, said: “Facing the new demands of global energy transformation and the development of the offshore wind power industry, Dow has launched a series of high-performance solutions to help sustainable development. Establishing a partnership with Qifan Cable represents the full recognition of industry partners for Dow’s submarine cable products, and it also helps us continue to promote production and operation. We will continue to improve product technology and rich production in combination with the individual needs of customers experience, continuously expand the scope of cooperation, and provide support for the realization of the global carbon emission reduction development goal.”
Mr. Zhou Guihua, Chairman of Shanghai Qifan Cable Co., Ltd. said: “In the field of submarine cable materials, Dow has industry-leading innovation capabilities and outstanding cutting-edge product technologies. The strong alliance between Qifan Cable and Dow will make it a leader in the submarine cable market The competitive advantage of Dow has been further enhanced, and it will promote closer cooperation between the two parties in the value chain. We are very pleased to cooperate with Dow to jointly promote the development of the offshore wind power industry.”
Relying on its professional experience in the field of materials science, Dow Chemical and partners such as Qifan Cable work together to improve operational efficiency, accelerate the development of renewable energy, empower the low-carbon economy, and jointly contribute to combating climate change and moving towards sustainable development. . sustainable development. Working towards a sustainable future.
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