WR Grace & Co. has completed the previously-announced
acquisition of Dow Chemical's polypropylene licensing and
catalysts business for a cash total of $500 million, the
company said on Monday.
The acquisition includes the
polypropylene process technology
and makes Grace the
second largest polypropylene licensor in the world based on
The UNIPOL brand and the capabilities it
represents are highly respected in the marketplace, and we
are committed to strengthening that position, said
Grace CEO Fred Festa.
We look forward to communicating our expanded
capabilities and full portfolio of products and services to
our customers and the broader global marketplace," he added.
"Were pleased to welcome a very talented team to