CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES
Globenewswire | April 28, 2023
W. R. Grace & Co. the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, is announcing the signing of a new license with PetroChina Guangxi Petrochemical Company (PetroChina Guangxi) to develop a 400 kilotons per annum (KTA) single reactor line using its UNIPOL® PP technology. The anticipated start up is in 2026.
This marks the second UNIPOL® PP technology reactor line that PetroChina Guangxi has licensed and the fifth that PetroChina Group has licensed from Grace for a total licensed capacity of 1,850KTA. This UNIPOL® PP technology line in China can take advantage of the full product capabilities to produce homopolymer, ethylene random copolymer, impact copolymer, butene random copolymer, and terpolymer polypropylene resins. As a result, PetroChina Guangxi will be at the forefront of advanced PP production in China.
"We are excited to strengthen our partnership with PetroChina Guangxi and support its growth strategy, which has UNIPOL® PP technology at the core," said Laura Schwinn, President of Grace's Specialty Catalysts business. "Grace is proud to be a leader in the polypropylene licensing industry, and the continued selection of our UNIPOL® PP technology, supported by our Plant Lifetime Performance™ commitment, by PetroChina Guangxi is evidence of the outstanding quality and reliability of our offering."
PetroChina Guangxi is pleased with the innovation and performance Grace delivers and confident that it will deliver higher value PP products to the China market with UNIPOL® PP technology.
PetroChina Guangxi chose to use UNIPOL® PP technology again because of the broad catalyst and product capabilities, robust production, advanced PP technology, and excellent services they have received with their current plants. UNIPOL® PP technology is known for its flexibility, ease of operation, and efficient use of resources.
Grace's UNIPOL® PP technology is a state-of-the-art process technology for producing high-performance polypropylene resins used in a variety of applications such as automotive parts, packaging, consumer goods, and infrastructure materials. Grace has a proven track record of producing high-quality products with excellent performance properties.
About Grace
Built on talent, technology, and trust, Grace, a Standard Industries company, is a global leader in specialty chemicals. The company’s two industry-leading business segments—Catalyst Technologies and Materials Technologies—provide innovative products, technologies, and services that enhance the products and processes of our customers around the world. With approximately 4,500 employees, Grace operates and/or sells to customers in more than 100 countries. More information about Grace is available at grace.com. GRACE® is a registered trademark in the United States and/or other countries of W. R. Grace & Co.-Conn.
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CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES
M. HOLLAND | March 17, 2023
M. Holland Company, a leading international distributor of thermoplastic resins and ancillary materials, today announced a new partnership with Lavergne, a global manufacturer specializing in the formulation of customized compounded engineered resins, to distribute post-consumer recycled (PCR) resins. This partnership will allow M. Holland’s clients to access Lavergne’s certified PCR resins with increased supply chain security and pricing stability.
“Sustainability is a primary focus for the plastics industry, and the demand for PCR resins has accelerated in recent years,” said Samantha Stone, Global Sourcing Leader, Sustainability, at M. Holland. “Lavergne produces superior, renewed thermoplastic resins that we’re proud to offer our customers. Our partnership with Lavergne will help meet the demand for PCR resins for our clients in North America, where there is currently no viable solution. M. Holland’s customers should also benefit from more stable pricing because Lavergne’s portfolio is 100% recycled plastics and does not depend on shifting petroleum prices.”
PCR resins are a growing product segment that complements traditional petroleum-based resins. There is burgeoning demand for PCR resins to meet the needs of brand owners and original equipment manufacturers (OEMs), many of whom have set aggressive sustainability goals. Demand is growing across several durable goods segments, including automotive, consumer electronics, home appliances, and office furniture and supplies. M. Holland’s customers can be confident in the quality of resins produced by Lavergne, which has 35 years of experience in the plastics industry.
“With a shared vision for sustainability, establishing a partnership with M. Holland was an easy decision,” said Benoit Bessette, Vice President, Strategy and Planning, at Lavergne. “We look forward to working with M. Holland and educating the market on the necessary transition to PCR resins by supplying trusted and cost-effective, sustainable materials, while drastically reducing their carbon footprint.”
Lavergne is an industry leader in the advancement of engineered thermoplastics focusing on designing, developing and manufacturing high-value sustainable resins using 100% PCR plastics. It has manufacturing sites in Montreal, Belgium, Vietnam and Haiti, providing supply chain security, high-quality certified materials and stable pricing for M. Holland’s customers.
ABOUT M. HOLLAND
M. Holland is a leading international distributor of thermoplastic resins, providing suppliers with the most strategic channels to market, offering clients innovative sourcing and supply chain solutions, delivering materials that empower sustainable innovation, and helping people lead rewarding careers. Since 1950, a deep commitment to personal relationships and innovation has formed the core of the company’s heritage, culture and vision. Headquartered in Northbrook, Illinois, M. Holland has over $1.5 billion in annual sales, partners with more than 4,000 customers annually, and serves over 70 countries across North America, LATAM, EMEA and Asia. M. Holland has offices located in the U.S., Mexico, Puerto Rico and the Netherlands.
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CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES
PIC Group, Inc. | March 14, 2023
PIC Group, a leading provider of power and energy service across the world, announced being awarded the Operation and Maintenance (O&M) Agreement by LS Power for the Patriot Hydro Portfolio. Under the provisions of the O&M Agreement, PIC Group will have as operational as well as transitional services responsibility, including full care, control, and custody of the Patriot Hydro Portfolio's day-to-day operations and maintenance services through 2025. The Patriot Hydro Portfolio consists of a fleet of 42 hydroelectric power assets dispersed across 11 states.
Frank Avery, President and CEO at PIC Group, said, "PIC Group's systematic and knowledge-based approach to operations and maintenance adds value to the assets with the objective of meeting or exceeding the shared goals of compliance with all regulations and requirements, performance through high availability and reliability as well as O&M cost management across the Patriot Hydro assets."
(Source – Business Newswire)
"PIC Group's proven track record in successfully managing complex programs and larger portfolios of assets uniquely positions them to support the transition, operate and maintain the Patriot Hydroelectric fleet. We look forward to working with PIC Group with their professional, customer centric approach to operations and maintenance," mentioned Anthony Hammond, Senior Vice President, Head of Asset Management at LS Power.
(Source – Business Newswire)
About PIC Group, Inc.
Established in 1988, PIC Group, Inc. is committed to generating value by offering worldwide energy services to sites on four continents: North America, South America, Asia, and Africa. PIC provides O&M services (care, control, and custody), commissioning and startup, documentation and training, and staffing to the oil and gas, power generation, pulp and paper, petrochemical, and manufacturing industries.
About LS Power
LS Power is a North American power and energy infrastructure development, investment, and operating corporation. Since its establishment in 1990, LS Power has developed, built, operated, or acquired over46,000 MW of power production capacity, including wind, utility-scale solar, natural gas-fired, hydro, and battery energy storage projects, 17,000 MW of which are now operational.
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