Antwerp, BE– [Jan, 2024] – Aloxy, a renowned provider of industrial IoT solutions, announced today its collaboration with Dow Chemical Company, a global leader in the chemical industry, to scale up implementation of their valve position indication systems across different DOW facilities globally.

This collaboration is part of Dow's commitment to enhancing operational efficiency, safety, and reliability in its production processes. By integrating Aloxy's state-of-the-art valve position indication technology, Dow aims to achieve real-time monitoring and control over its manual valve operations, ensuring optimal performance and reduced downtime.

Aloxy's innovative valve position solution incorporates a central management system for monitoring sensor performance and network health. Leveraging LoRaWAN for low-power wireless communication and a patented technology to precisely detect manual valve positions introduces a cost-effective universal valve position sensor unprecedented in the market.

Monika Tall, Global Digital Manufacturing Project Manager at Dow, expressed her enthusiasm for the collaboration: "Aloxy's technology perfectly aligns with Dow's vision of leveraging cutting-edge solutions for operational excellence. This partnership not only enhances our production capabilities but also underscores our unwavering commitment to safety and sustainability."

Monika emphasized the crucial role of leadership involvement at all levels when implementing new technologies in safety-critical environments. Rigorous testing and adept change management are essential, and Dow and Aloxy have dedicated three years to testing and refining the technology to meet global standards.

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Aloxy's groundbreaking achievement in solving a decades-old industry challenge - how to obtain accurate valve position feedback on manual valves without customizing solutions for every valve type and size - unlocks a range of benefits:

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• Real-time Monitoring: Operators can access valve position data in real-time, enabling timely interventions and reducing the risk of operational disruptions.

• Enhanced Safety: The system provides alerts for irregularities, ensuring prompt resolution of potential issues.

• Improved Efficiency: Accurate valve position data enables Dow to optimize processes, boosting productivity and reducing operational costs.

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Frank Gielissen, CEO of Aloxy, expressed his excitement about the ongoing partnership: "DowChemical's adoption of our technology confirms that the market is continually evolving. When industry leaders like Dow collaborate with startups, exciting new opportunities emerge. We eagerly support Dow's journey toward operational excellence and anticipate a long and fruitful partnership."

The industry heavily relies on management systems and operational processes to ensure safety and efficiency. Unfortunately, incidents and accidents continue to occur daily due to incorrect energy source isolation or unauthorized removal of isolation. Dow has identified several Process Safety initiatives to digitally validate additional steps within existing systematic processes. These initiatives cover areas such as project commissioning, process lineups, maintenance workflows, turnarounds, permit-to-work processes, and more.

Dave Greganti, Process Safety Director at Dow and Sponsor of this internal project, is eager to begin implementation: "I envision seeing these yellow boxes everywhere because they will significantly contribute to achieving our safety goals and creating a safer workplace."

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AboutDow Chemical: Dow Chemical Company stands at the forefront of the chemical industry, delivering innovative products and solutions to customers in over 160 countries. With a steadfast commitment to sustainability and innovation, Dow continues to shape the future of the chemical industry.