Release date: 2015.10.07

Nova and Formosa Plastics Group recently signed an AdBlue catalyst-reducing agent supply contract. Based on the fact that Nova has stable quality and high-standard AdBlue catalyst-reducing agent manufacturing conditions and provides the most competitive market price, Formosa Plastics officially selected Nova as its AdBlue supplier in 2015, and Nova was once again awarded a one-year supply contract. Formosa Plastics stated that Novavax has always been in a leading position in AdBlue production technology. After the two parties signed a cross-licensing contract, each other's market layout has become more complete.

Formosa Automotive is a manufacturer and distributor of DAF trucks in Taiwan. DAF is Europe's second largest truck manufacturer. In order to ensure compliance with the new EU environmental emission regulations EURO 4 and EURO 5 emission standards, DAF took the lead in fully adopting the SCR selective catalytic conversion system, which not only meets strict emission standards, but also has excellent fuel consumption reduction characteristics. The current monthly production target of Formosa Plastics Commercial Vehicles' assembly plant in Taichung is 100 units. In the short term, it is optimistically expected to grow to a monthly production volume of 1,000 units, making it the largest heavy-duty truck supplier in Taiwan.

Nova is the first company in Taiwan to invest in the production and manufacturing of AdBlue. It is also the only company with dual certifications of QMC and American Petroleum Institute API from the German Automobile Industry Association VDA, and has obtained dual certifications of ISO 9001 and ISO 14001. The quality of AdBlue has also passed the SGS test. Due to its stable quality and fast delivery efficiency, it has established 13 distribution points around the world, from Dubai in the east, to the West Coast of the Americas in the west, to Japan in the north, and to Australia and South America in the south. It has become the world's leading AdBlue supplier. In the future, Nova will continue to meet customer needs, fulfill its green citizen responsibilities, take its mission of finding vast and clean blue skies for the earth, and form a part of its green corporate culture.