Grace manufacture FCC catalysts in China

Grace to manufacture FCC catalysts in China

12:35 PM, 28th May 2012
Grace to manufacture FCC catalysts in China

COLUMBIA, US: W R Grace & Co has signed a Memorandum of Understanding with Qingdao Bureau of Commerce for an investment in China to manufacture fluid catalytic cracking (FCC) catalysts and other related products for the petroleum refining industry. In order to complete the investments, Grace has established a wholly foreign-owned enterprise (WFOE) in Qingdao.

“This is an important step towards expanding Grace’s FCC catalyst manufacturing capabilities to serve our customers in China and other countries in the fast-growing Asia Pacific region. We look forward to successful cooperation with the government of Qingdao,” said Shawn Abrams, President, Grace Catalysts Technologies.

© WOC News



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