Grace Completes Purchase of BASF Polyolefin Catalysts Business
W. R. Grace & Co. announced that on June 30, 2016, it completed the acquisition of the assets of the BASF Polyolefin Catalysts business.
The acquisition includes LYNX high-activity polyethylene (PE) catalyst technologies that are used commercially in slurry processes for the production of high-density PE resins such as bimodal film and pipe. LYNX polypropylene (PP) catalyst technologies are used commercially in all major PP process technologies including slurry, bulk loop, stirred gas, fluid gas, and stirred bulk. Grace acquired technologies, patents, trademarks, and production plants in Pasadena, Texas and Tarragona, Spain. Approximately 170 former BASF employees have joined Grace.
In addition to proprietary PE and PP catalysts products and technology, the BASF assets provide Grace with significant additional flexibility and capacity for its global polyolefin catalysts manufacturing network.
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