Grace Licenses UNIPOL® PP Process Technology to Sidi Kerir Petrochemicals Co. (SIDPEC)
COLUMBIA, Md., Sept. 25, 2018 (GLOBE NEWSWIRE) -- 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 to Sidi Kerir Petrochemicals Co. (SIDPEC). Located in Alexandria, Egypt, the new, world-scale capacity SIDPEC facility will produce 450 KTA of polypropylene.
The transaction means that SIDPEC, already a leader in the production of polyethylene in Egypt, will soon produce value-added polypropylene products for its customers using the most up-to-date technology available.
Grace’s all gas-phase UNIPOL® PP Process Technology provides the most advanced and broadest range of homopolymers, random copolymers, and impact copolymers in the industry. As the simplest of all PP process technologies, without any moving parts inside of the reactor and less equipment than any alternative, its reliable, safe, and stable operation leads to lower capital, operating, and maintenance costs.
Mohamed A. Abady, SIDPEC Chairmen and CEO said, “Investing in the UNIPOL® PP process technology gives us the ability to make a broad range of products for our customers using state-of-the-art technology while continuing to remain highly competitive in the region.”
Al Beninati, President of Grace’s Specialty Catalysts business, said, “Grace is excited to be the technology choice for SIDPEC’s plant in Alexandria, Egypt. The UNIPOL® PP Process Technology will provide SIDPEC customers with some of the best and most varied homopolymer and random copolymer resins in the industry. We are confident that the wide array of resins and applications our technology and non-phthalate CONSISTA® catalysts enable, will give SIDPEC the leading edge in polypropylene resin production in the region.”
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 60 countries. More information about Grace is available at grace.com.
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