GlobeNewswire Inc | Nov 9, 2020 08:30AM EST

November 09, 2020

COLUMBIA, Md., Nov. 09, 2020 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOLPP Process Technology to PT Pertamina Rosneft Pengolahan dan Petrokimia (PRPP), a joint venture between Indonesias PT Pertamina and Russias Rosneft Oil Company. The UNIPOL PP facility, located in Tuban, Indonesia, will include two lines, each designed to produce 580KTA for a total of 1160KTA of polypropylene.

The agreement includes a long-term catalyst supply contract and a license for Graces UNIPOL PP UNIPPAC Process Control (UUPC) Software. This tailored package, in conjunction with the UNIPOL PP process technology, guarantees the opportunity for PRPP and Grace to work closely together over the lifetime of the plant, resulting in a fully optimized solution.

Grace's all gas-phase UNIPOLPP Process Technology and CONSISTA 6th generation catalyst and donor technology provide the broadest range of PP homopolymers, random copolymers, and impact copolymers from a single catalyst. Graces patented advanced donor technology and UUPC Software deliver outstanding plant operability.

Kadek Ambara Jaya, PRPP President Director said, We are excited to install the UNIPOL PP Process Technology at our Tuban, Indonesia site. The mature technology, low investment, and the relationship with the Grace team all were factors in our decision to choose this technology.We are confident that, with Graces process technology and catalysts, we will provide our customers with the best possible polypropylene resin options in the region.

Grace is excited to partner with PRPP on this significant, world-class project, said Laura Schwinn, President of Graces Specialty Catalysts business. PRPP will be able to meet growing demand for higher value polypropylene products using our best-in-class catalyst systems and proven UNIPOL PP Process Technology.

VisitGraces websitefor more information aboutGrace polyolefin catalystsandprocess technology.

About Graces UNIPOLPP Process Technology

Grace is the leading supplier of polyolefin catalyst technology and has the broadest portfolio of polyolefin catalyst technologies of any independent polyethylene/polypropylene catalyst producer. Grace is an industry leader in offering UNIPOLPP Process Technology, 6thGeneration non-phthalate CONSISTAcatalysts and donors, and UNIPOL UNIPPACProcess Control software.

About Grace

Built on talent, technology, and trust, Grace is a leading global supplier of catalysts and engineered materials. The companys two industry-leading business segmentsCatalysts Technologies and Materials Technologiesprovide innovative products, technologies, and services that enhance the products and processes of our customers around the world. With approximately 3,900 employees, Grace operates and/or sells to customers in over 70 countries. More information about Grace is available at grace.com.

This announcement contains forward-looking statements, that is, information related to future, not past, events. Such statements generally include the words believes, plans, intends, targets, will, expects, suggests, anticipates, outlook, continues, or similar expressions. Forward-looking statements include, without limitation, expected financial positions; results of operations; cash flows; financing plans; business strategy; operating plans; capital and other expenditures; competitive positions; growth opportunities for existing products; benefits from new technology and cost reduction initiatives, plans and objectives; and markets for securities. For these statements, Grace claims the protections of the safe harbor for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Like other businesses, Grace is subject to risks and uncertainties that could cause its actual results to differ materially from its projections or that could cause other forward-looking statements to prove incorrect. Factors that could cause actual results to differ materially from those contained in the forward-looking statements include, without limitation: risks related to foreign operations, especially in emerging regions; the costs and availability of raw materials, energy and transportation; the effectiveness of its research and development and growth investments; acquisitions and divestitures of assets and businesses; developments affecting Graces outstanding indebtedness; developments affecting Grace's pension obligations; its legal and environmental proceedings; environmental compliance costs; the inability to establish or maintain certain business relationships; the inability to hire or retain key personnel; natural disasters such as storms and floods, and force majeure events; changes in tax laws and regulations; international trade disputes, tariffs, and sanctions; the potential effects of cyberattacks; and those additional factors set forth in Grace's most recent Annual Report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on Grace's projections and forward-looking statements, which speak only as of the dates those projections and statements are made. Grace undertakes no obligation to release publicly any revision to the projections and forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.

Media RelationsRich BadmingtonT +1 410.531.4370rich.badmington@grace.com

Investor RelationsJeremy Rohen+1 410.531.8234jeremy.rohen@grace.com