Grace licenses Unipol PP technology Korea’s Hyosung Corp

Grace licenses Unipol PP technology to Korea’s Hyosung Corp

4:52 AM, 5th September 2015
Grace licenses Unipol PP technology to Korea’s Hyosung Corp

COLUMBIA, US: W R Grace & Co said that it will provide its Unipol polypropylene (PP) technology and services to Hyosung Corporation of Seoul, Korea for its new facility in Ulsan, which is expected to open in 2017.

Hyosung’s Ulsan facility is expected to produce polypropylene at a rate of 200 kilo tonne per year. This is the second Unipol PP license for Hyosung.

“We’re pleased that Hyosung has experienced such success with its first license that its leaders have decided to contract with us again for their new plant in Ulsan. Our reliable technology can be implemented with low investment and operating cost, is easy to operate, and produces state-of-the-art PP products,” said Al Beninati, president, catalysts technologies, Grace.

“Grace’s Unipol PP process technology offers us the most advanced PP product capability available. We are already producing market-leading PP products in our existing Unipol PP technology line, and with this new line, we are planning to produce even more advanced PP products,” said Young-Gyo Choi, division president, Hyosung.

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