Regions :: China
Grace Buys Chinese Catalysts Plant
9:58 AM MDT | May 30, 2012 | Rebecca Coons
W.R. Grace says it has agreed to purchase fluid catalytic cracking (FCC) catalyst production assets operated by Noblestar Catalysts (Qingdao, China) at Qingdao, giving Grace immediate and local manufacturing capacity to serve customers within China and North Asia. Financial terms were not disclosed. “Investing in China is a part of our overall refining technologies global strategy, which includes creating an integrated manufacturing network to align FCC capacity with demand growth,” says Shawn Abrams, president/Grace Catalysts...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee