Grace Licenses UNIPOL® PP Process Technology to Grupa Azoty in Poland
W.R. Grace & Co. (GRA)
Last w.r. grace & co. earnings: 4/30 06:00 am
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Source: GlobeNewswire
COLUMBIA, Md., Jan. 22, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the leading supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has contracted to license its UNIPOL® PP Process Technology to PDH Polska S. A. for a new facility in Police, Poland. With a capacity of 400 kilotons per year, the PP line is expected to begin operations in 2022. The PDH Polska operation is a subsidiary of Grupa Azoty S. A. of Tarnów, Poland, a leader in the manufacture of nitrogen fertilizers and compounds, engineering plastics, organic and inorganic chemicals, and other chemical products. Grace's gas-phase UNIPOL® PP Process Technology provides the most advanced and broadest range of PP homopolymers and copolymers in the industry. As the simplest of all PP process technologies, with fewer moving parts and less equipment than any alternative, its reliable, stable, and predictable operation leads to lower capital, operating, and maintenance costs. A
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