Grace Licenses UNIPOL® PP Process Technology to Sinochem Hongrun Petrochemical Co., Ltd.
April 19 2021 - 4:45PM
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 and
its UNIPOL UNIPPAC® Process Control Software to Sinochem Hongrun
Petrochemical Chemical Co., Ltd. (Sinochem Hongrun). The UNIPOL® PP
facility, located in Qingzhou, Weifang, Shandong, China will start
up in 2022 and will include one reactor line with the capability to
produce 450KTA of polypropylene.
The award increases the total amount of licensed volume for
UNIPOL® PP technology worldwide to more than 27 million tons per
annum.
“Our team at Grace is excited to embark on this project with
Sinochem Hongrun and welcome them to the UNIPOL® PP Family. We are
committed to their success through the services and solutions that
we offer for the lifetime of the plant.,” Laura Schwinn, President
of Grace’s Specialty Catalysts business said. Schwinn added,
”Sinochem Hongrun’s decision to purchase our UNIPOL UNIPPAC®
Process Control software allows them to optimize their plant
operations and extract performance improvements on an ongoing
basis, providing them with competitive advantages in cost, quality,
and product differentiation. This, coupled with our process and
product improvements program and the vast experience of our global
technical services team, will ensure that Sinochem Hongrun meets
their goal of producing a wide variety of resins for the Chinese
market.”
Grace's all gas-phase UNIPOL® PP Process technology
delivers technology, innovation, and services for plant lifetime
performance. The versatile process technology provides the broadest
range of PP homopolymers, random copolymers, and impact copolymers
in the industry.
The UNIPOL® PP process technology is a state-of-the-art
engineering technology that achieves mechanical and operational
simplicity and delivers leading total installed cost and operating
expense, accelerated project schedules, fast startups, grade
transitions, and business results. The process technology, coupled
with Grace’s proprietary catalyst and donor systems and the UNIPOL
UNIPPAC® Process Control software, allows for maximum
performance.
As members of the UNIPOL® PP Process technology community,
licensees benefit from Grace’s long-term commitment to their
success through the exchange of best practices, continuous process
and product improvements, access to its superior catalyst and donor
technology and dedicated technical support.
Sinochem Hongrun chose the UNIPOL® PP Process Technology for
their site in Shandong, China. because of ease of operation,
product breadth, life-time economics and the support Grace provides
during the lifetime of the plant. Sinochem Hongrun plans to produce
polypropylene resins to meet the growing demand for more complex
polypropylene products in China.
Visit Grace’s website for more information
about Grace® polyolefin catalysts and process
technology.
About Grace’s UNIPOL® PP Process
Technology
Grace is the leading supplier of polyolefin catalyst technology
and has the broadest portfolio of polyolefin catalyst technologies
of any independent polyethylene/polypropylene catalyst producer.
Grace is an industry leader in offering UNIPOL® PP Process
Technology, 6th Generation non-phthalate
CONSISTA® catalysts and donors, and UNIPOL
UNIPPAC® Process Control software. UNIPOL® and UNIPOL UNIPPAC®
are trademarks of The Dow Chemical Company or an affiliated company
of Dow. W. R. Grace & Co.-Conn. and/or its affiliates are
licensed to use the UNIPOL® and UNIPOL UNIPPAC® trademarks in the
area of polypropylene.
About Grace
Built on talent, technology, and trust, Grace is a leading
global supplier of catalysts and engineered materials. The
company’s two industry-leading business segments—Catalysts
Technologies and Materials Technologies—provide innovative
products, technologies, and services that enhance the products and
processes of our customers around the world. With approximately
3,900 employees, Grace operates and/or sells to customers in over
70 countries. More information about Grace is available at
grace.com.
This announcement contains forward-looking statements, that is,
information related to future, not past, events. Such statements
generally include the words “believes,” “plans,” “intends,”
“targets,” “will,” “expects,” “suggests,” “anticipates,” “outlook,”
“continues,” or similar expressions. Forward-looking statements
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claims the protections of the safe harbor for forward-looking
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most recent Annual Report on Form 10-K, quarterly reports on Form
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the internet at www.sec.gov. Reported results should not be
considered as an indication of future performance. Readers are
cautioned not to place undue reliance on Grace's projections and
forward-looking statements, which speak only as of the dates those
projections and statements are made. Grace undertakes no obligation
to release publicly any revision to the projections and
forward-looking statements contained in this announcement, or to
update them to reflect events or circumstances occurring after the
date of this announcement.
Media RelationsCaitlin
LeopoldT +1
410.531.8870caitlin.leopold@grace.com
Investor Relations Jason
Hershiser T +1 410 531 8835
Jason.hershiser@grace.com
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