COLUMBIA, Md., April 12, 2021 (GLOBE NEWSWIRE) – WR Grace & Co. (NYSE: GRA), the leading independent provider of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL® PP process technology to the new MTO Gas Chemical Complex in the Bukhara region of Uzbekistan to participate in engineering. The plant for UNIPOL® PP technology is expected to go into operation by 2025 and include a reactor line capable of producing 257 kTA polypropylene.
Enter Engineering Pte. Ltd., one of the largest construction companies in the region, will act as licensee on behalf of JV Jizzakh Petroleum LLC, which will own and operate the Gas Chemical Complex.
Grace’s UNIPOL® PP gas phase process technology provides technology, innovation and service for the life of the facility. The versatile process technology offers the broadest range of PP homopolymers, random copolymers and impact copolymers in the industry. The UNIPOL® PP technology process is a cutting-edge engineering technology that achieves mechanical and operational simplicity and delivers leading total and operating costs, accelerated project schedules, quick starts, class transitions and business results. The process technology, in conjunction with the catalyst and donor systems developed by Grace and the UNIPOL UNIPPAC® process control software, enables maximum performance.
“We welcome Enter Engineering and Jizzakh Petroleum to the UNIPOL® PP technology family and are excited to bring our first UNIPOL® PP process technology to market in Uzbekistan,” said Laura Schwinn, president of Grace’s Specialty Catalysts division. Schwinn added: “We are committed to your success and our team of experts is ready to support this project for years – from construction to ongoing operations to optimization. We look forward to Jizzakh Petroleum becoming the leading supplier of polypropylene resins in the region. “
All licensees of UNIPOL® PP technology can take advantage of Grace’s PPartner Program ™, which provides continuous process and product improvements, access to global technical services, catalyst development updates and ongoing support for the life of the plant.
For more information on Grace’s polyolefin catalysts and process technology, please visit Grace’s website.
About Grace’s UNIPOL® PP process technology
Grace is the leading provider of polyolefin catalyst technology and has the broadest portfolio of polyolefin catalyst technologies of any independent polyethylene / polypropylene catalyst manufacturer. 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 one of Dow’s affiliates. WR Grace & Co.-Conn. and / or its affiliates are licensed to use the UNIPOL® and UNIPOL UNIPPAC® brands in the field of polypropylene.
Based on talent, technology and trust, Grace is a global leader in catalysts and engineering materials. The company’s two industry-leading businesses – Catalysts Technologies and Materials Technologies – provide innovative products, technologies and services that improve the products and processes of our customers around the world. With around 3,900 employees, Grace operates and / or sells to customers in over 70 countries. For more information on Grace, please visit grace.com.
This announcement contains forward-looking statements, that is, information about future, not past, events. Such statements generally include the words “believes,” “plans,” “intends,” “aims,” ”will,” “expects,” “suggests,” “anticipates,” “prospects,” “continues,” and the like Expressions. Forward-looking statements include, without limitation, the expected financial position; Operating results; Cash flows; Financing plans; Business strategy; Operational plans; Capital and other expenses; Competitive positions; Growth opportunities for existing products; benefits from new technology and cost reduction initiatives, plans and targets; and markets for stocks. For these statements, Grace claims the safe haven protection of forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Like other companies, Grace is subject to risks and uncertainties that could cause actual results to differ materially from those projected or that other forward-looking statements prove to be incorrect. Factors that could cause actual results to differ materially from those contained in the forward-looking statements include, but are not limited to: risks associated with doing business abroad, particularly in emerging markets; the cost and availability of raw materials, energy and transportation; the effectiveness of its research, development and growth investments; Acquisitions and disposals of assets and companies; Developments affecting Grace’s outstanding debt; Developments affecting Grace’s pension obligations; its legal and environmental processes; Environmental compliance costs; the inability to establish or maintain certain business relationships; the inability to hire or retain key personnel; Natural disasters such as storms and floods and events of force majeure; Changes in tax laws and regulations; international trade disputes, tariffs and sanctions; the potential impact of cyber attacks; and those additional factors set out in Grace’s most recent annual report on Form 10-K, its quarterly reports on Form 10-Q, and its most recent reports on Form 8-K filed with the Securities and Exchange Commission and available on are the Internet at www.sec.gov. Reported results should not be taken 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 date of such projections and statements being made. Grace assumes no obligation to publicly release any changes to the projections and forward-looking statements contained in this announcement or to update them to reflect events or circumstances that occur after the date of this announcement.
T. +1 410.531.8870
+1 410 531 8835
Comments are closed.