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11-10-2013

Grace buys Dow’s UNIPOL polypropylene process technology licensing and catalysts business

W. R. Grace & Co announced that it has signed a definitive agreement to acquire the assets of the UNIPOL™ Polypropylene Licensing and Catalysts business of The Dow Chemical Company for a cash purchase price of $500 million. The transaction is expected to close by year end, pending regulatory approvals.
 
Dow’s UNIPOL™ licensing and catalysts systems business offers industry-leading UNIPOL™ Polypropylene Process Technology, which includes the advanced process control UNIPOL UNIPPAC™ Process Control software, SHAC™ Catalysts Systems, and 6th Generation non-phthalate CONSISTA™ Catalysts Systems.
 
Grace is a leading supplier of polyolefin catalyst technology and has the broadest portfolio of polyolefin catalyst technologies of any independent polyethylene/polypropylene catalyst producer.
 
“The addition of Dow’s world-class polypropylene products and process  technology is a significant enhancement of Grace’s market-leading catalysts franchise,” said Grace Chairman and Chief Executive Officer Fred Festa. “The agreement reflects Grace’s continuing commitment to invest in our catalyst businesses, particularly in technology. This acquisition strengthens our ability to provide polypropylene catalyst solutions to our customers around the world.”

For more information, please visit https://grace.com/en-us/our-businesses/Pages/grace-catalyst-technologies.aspx

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