W. R. Grace & Co. signed a multi-year agreement with
Braskem to develop process technologies and catalyst solutions
to produce green chemicals, the companies said on Monday.
The agreement is intended to advance the commercialization
of a process to convert renewably sourced feedstocks into value-added
products, they said.
US-based Grace describes itself as a global supplier of
catalyst technologies with positions in the petroleum refining and polyolefin market
Meanwhile, Brazil-based Braskem is the leading
thermoplastics resin producer in the Americas, with a stated
goal of becoming the world leader in sustainable chemistry by
Details and financial terms of the agreement were not
The use of renewable feedstocks is a growing trend in the
global chemical industry, officials said.
The technology under development in the
Grace-Braskem collaboration is based on carbon sources from renewable
agricultural processes that contribute to lower carbon emissions than traditional feedstocks, company officials
We are pleased to have the opportunity to work in
cooperation with the world leader in green plastics, said
George Young, vice president of new business development at
This collaboration demonstrates our commitment to
become a leading supplier of catalysts to the renewable
Braskem said it recently announced plans to expand
production of sugar-based bio-polyolefins.
We continue to innovate to meet market needs for more
sustainable solutions, said Edmundo Aires, vice president
of corporate innovation and technology at Braskem.
Were convinced this partnership will enable us
to do this better.