8 January 2019
ABOUT HANWHA TOTAL PETROCHEMICALS
DETAILS
W. R. Grace & Co. (NYSE: GRA),
the leading supplier of polyolefin catalyst technology
and polypropylene (PP) process technology,
has contracted to license
its UNIPOL® PP Process Technology to
Hanwha Total Petrochemical Co., Ltd.
for a new PP production facility
in Daesan, South Korea.
With a capacity of 400 kilotons per year,
the PP line is expected to begin operations in 2021.
Hanwha Total Petrochemical is a 50/50 joint venture
between Hanwha General Chemicals Co., Ltd.
and Total S.A.,
the French integrated oil and gas company
considered one of the world’s seven supermajor oil companies.
Hanwha is South Korea’s leading producer of
purified terephthalic acid (PTA),
a primary component in many types of polyester.
The joint venture’s Daesan petrochemical complex
consists of 13 separate plants, producing polymers,
base chemicals, and oil products.
Grace's gas-phase UNIPOL® PP Process Technology
provides the most advanced and broadest range
of PP homopolymers and copolymers in the industry.
As the simplest of all PP process technologies,
with fewer moving parts
and less equipment than any alternative,
its reliable, stable, and predictable operation
leads to lower capital investment cost
as well as lower operating and maintenance costs.
Yu Byungchang,
Vice President of Hanwha Total Petrochemical
“We are committed to providing high quality,
differentiated products at competitive prices.
Grace’s UNIPOL® PP process and
meet our strict requirements
for quality and value, which help us continue
to exceed the expectations of our customers.”
Laura Schwinn,
President of Grace’s Specialty Catalysts
business segment
“Grace is pleased to be selected to provide
our technology and catalysts
to Hanwha Total Petrochemical and to help them
offer the broad capability and most advanced resins
that deliver significant value to their customers.”
Visit Grace’s website for more information
about Grace polyolefin catalysts and process technology.
UNIPOL® and UNIPOL UNIPPAC® are trademarks of
The Dow Chemical Company or an affiliated company of Dow.
W. R. Grace & Co.-Conn. and/or its affiliates are licensed to use
the UNIPOL® and UNIPOL UNIPPAC® trademarks in the area of polypropylene.
Media Relations
Rich Badmington
T +1 410.531.4370
rich.badmington@grace.com
Investor Relations
Tania Almond
T +1 410.531.4590
tania.almond@grace.com
Source: W. R. Grace & Co.
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