PetroChina Guangdong Petrochemical Co. Ltd. let a technology licensing contract to W.R. Grace & Co. for a grassroots polypropylene unit at its refining-chemical integration project in Jieyang, Guangdong, China. Grace will license its UNIPOL PP process technology and CONSISTA catalyst for the 500,000-tonne/year unit, scheduled for completion in 2023.
Hanwha Total Petrochemicals has awarded W.R. Grace & Co. a contract to license technology for a 400,000-tonne/year grassroots polypropylene unit at its Daesan complex in South Korea. The unit is scheduled to start operations in 2021.
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.
PDH Polska S.A. and W.R. Grace & Co signed a license agreement for polypropylene production technology and catalyst supply for the Polimery Police project in Police, Poland. The total investment is estimated at EUR 1.27 billion.
Grupa Azoty selected Grace Technologies as technology supplier for a new polypropylene production complex in Police, Poland. The entire project is valued at €1.27 billion and construction is scheduled from end of 2019 to end of 2022.
W. R. Grace & Co.-Conn., a subsidiary of W. R. Grace & Co., entered into an agreement to acquire the Polyolefin Catalysts business of Albemarle Corporation for $416 million. The acquisition includes single-site catalysts, metallocenes, activators, and Ziegler-Natta catalysts.
Hengli Petrochemical (Dalian) Co. Ltd. has let a contract to W.R. Grace & Co. to provide polypropylene technology and catalyst supply for a 450,000 tpy PP unit at its integrated refining and petrochemical project on Changxing Island, Dalian, China.