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Stock impact report

Grace Licenses UNIPOL® PP Process Technology to Inter Pipeline

W.R. Grace & Co. (GRA) 
Last w.r. grace & co. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.grace.com
Company Research Source: GlobeNewswire
COLUMBIA, Md., April 24, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL® PP Process Technology to Inter Pipeline Ltd. (TSX:IPL) for its Heartland Petrochemical Complex located in Alberta, Canada. The new, world scale capacity UNIPOL® PP facility utilizing 525 KTA of propylene feedstock is expected to enter into service in late 2021. Inter Pipeline is a major petroleum transportation, natural gas liquids processing, and bulk liquid storage business based in Calgary, Alberta, Canada. Inter Pipeline owns and operates energy infrastructure assets in western Canada and Europe. Grace's all gas-phase UNIPOL® PP Process Technology provides the most advanced and broadest range of homopolymers, random copolymers, and impact copolymers in the industry. As the simplest of all PP process technologies, without any moving parts inside of the reactor and le Show less Read more
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