United States. Grace announced that it has reached a multi-year agreement with Braskem to develop process technologies and catalyst solutions to produce green chemicals.
The agreement seeks to promote the commercialization of a process to convert raw materials from renewable sources into value-added products.
Grace is a global supplier of catalyst technologies with a leading position in the petroleum refining and polyolefin market segments. Braskem, on the other hand, is a producer of thermoplastic resins that aims to become a leader in sustainable chemistry by 2010.
"This collaboration demonstrates our commitment to becoming catalyst distributors in the renewable chemicals industry," said George Young, Grace's vice president of new business.
