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Grace and Borealis sign catalyst agreement

Source: Release Date:2010-05-17 167
W.R.Grace&Co.has signed a new multi-year agreement to supply polypropylene catalysts to Borealis AG. The catalysts are used in the production of polypropylene, Grace polypropylene catalysts are used to make specialty plastics for applications in automobile parts, household appliances and consumer product packaging. "This agreement is a reflection of our ongoing strategic direction to expand into the polypropylene catalyst segment through greater collaboration with a technology leader," remarked Tony Dondero, Vice President and General Manager of Grace Davison Specialty Catalysts and Process Technologies. "Borealis is an established industry innovator and we are extremely pleased to continue to expand our relationship," commented Greg Poling, Vice President of W. R. Grace & Co. and President of Grace Davison. Grace and Borealis have worked together for years. In 2002, Grace acquired Borealis catalyst manufacturing assets. Through that transaction and a related licensing agreement, Grace began to produce, market and sell Borealis' proprietary catalysts on a global basis. www.borealisgroup.comNike Zoom Kobe IV
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