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Grace licenses PP process technology to Hanwha Total Petrochemical in South Korea

| By Mary Bailey

W. R. Grace & Co. (Columbia, Md.; www.grace.com) has contracted to license its UNIPOL PP Process Technology to Hanwha Total Petrochemical Co., Ltd. for a new polypropylene (PP) production facility in Daesan, South Korea. With a capacity of 400,000 metric tons per year (m.t./yr), 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.  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. The joint venture announced plans to expand overall PP production capacity in December.

Yu Byungchang, Vice President of Hanwha Total Petrochemical, said, “We are committed to providing high quality, differentiated products at competitive prices. Grace’s UNIPOL PP process and CONSISTA catalyst systems 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, said, “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.”