BASF Closes Sale of Polyolefin Catalysts to Grace

BASF has closed the planned sale of its global polyolefin catalyst business to W. R. Grace, following all approvals. Included in the transaction are technologies, patents, trademarks and the transfer of the German group’s production plants in Pasadena, Texas, and Tarragona, Spain, along with their 170 employees.

Specifically, the business manufactures Lynx high-activity catalyst technologies used in slurry processes to produce HDPE bimodal film and pipe grades and Lynx PP catalyst technologies used in all major PP processes including slurry, bulk loop, stirred and fluid gas, and stirred bulk.