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WR Grace licenses PP process technology to Hyundai Chemical

June 24/2019

MOSCOW (MRC) -- W. R. Grace & Co., the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL PP Process Technology to Hyundai Chemical Co., Ltd., a joint venture between Hyundai Oilbank Co., Ltd. and Lotte Chemical Corporation, as per Hydrocarbonprocessing

Located in Daesan, South Korea, the new, 250KTA facility will be part of a larger cracker complex that is slated to open in 2021. The UNIPOL PP unit will be used to produce high-end, specialty grade, random copolymer resins.

Grace's all gas-phase UNIPOL PP Process Technology provides the most advanced and broadest range of PP homopolymers, random copolymers, and impact copolymers in the industry. This process technology, without any moving parts inside of the reactor and requiring less equipment than any alternative, is a reliable, safe, and stable operation which leads to lower capital, operating, and maintenance costs.

Laura Schwinn, President of Graces Specialty Catalysts business, said, "Grace is excited to be the technology choice for Hyundai Chemical Co., Ltd.s plant in Daesan, South Korea. The UNIPOL PP Process Technology will provide their customers with some of the best random copolymer resins in the industry. We are confident that our technology coupled with our non-phthalate CONSISTA catalysts will give Hyundai Chemical Co., the ability to deliver the resins that are in highest demand from their customers."

As MRC wrote previously, in April 2018, W. R. Grace & Co. completed the USD416 million acquisition of the Polyolefin Catalysts business of Albemarle Corporation.

A leader in polyolefin catalysts and licensing, Grace has the worlds broadest portfolio of polypropylene and polyethylene catalyst technologies used to produce thermoplastic resins for a variety of applications. A leading innovator and strategic partner to its customers, Grace supplies catalyst solutions for all polyolefin processes, as well as polypropylene process technology and process controls. Grace employs approximately 3,700 people in over 30 countries.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, PP block copolymer, homopolymer PP, PP random copolymer, propylene, ethylene, Hyundai Petrochemical, Lotte Chemical, W.R. Grace.
Category:General News
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