# Grace completes $416M acquisition of Albemarle Polyolefin Catalysts business

W. R. Grace & Co. completed the $416 million acquisition of the Polyolefin Catalysts business of Albemarle Corporation. The acquired business includes production plants in Baton Rouge, LA and Yeosu, South Korea, and develops catalysts for plastic resin production.

- Type: Acquisition
- Announced: 2018-04-03
- Where: Baton Rouge, Louisiana; Yeosu, South Korea, United States
- Value: $416.0M
- Jobs: 175
- Status: completed
- Products: polyolefin catalysts, single-site catalysts, metallocenes, Ziegler-Natta catalysts
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Albemarle](https://endata.com/companies/10514.md) (target)
- [W.R. Grace & Co.](https://endata.com/companies/25566.md) (acquirer)

## Sources

- [newyork.citybuzz.co](https://newyork.citybuzz.co/article/473843/grace-completes-albemarle-polyolefin-catalysts-business-acquisition-for-416m), 2018-04-03: "Grace today completed the $416 million acquisition of the Polyolefin Catalysts business of Albemarle Corporation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.