02 July 2012 13:40 [Source: ICIS news]
LONDON (ICIS)--WR Grace has signed a multi-year agreement with Brazil-based producer Braskem to develop process technologies and catalyst solutions to produce green chemicals, the US specialty chemicals company said on Monday.
WR Grace said the use of renewable feedstocks is a growing trend in the global chemical industry. The technology to be developed under the Grace-Braskem collaboration is based on carbon sources from renewable agricultural processes that contribute lower carbon emissions than traditional feedstocks.
Financial details of the agreement were not disclosed.
“This collaboration demonstrates our commitment to become a leading supplier of catalysts to the renewable chemicals industry,” said George Young, vice president of new business development at Grace.
“We continue to innovate to meet market needs for more sustainable solutions,” said Edmundo Aires, vice president of corporate innovation and technology at Braskem, which has plans to expand production of sugar-based bio-polyolefins.
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