Grace Acquires Shida Excellence Catalyst Business

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China Drying Network News On November 29th, Grace announced the completion of the acquisition of the catalytic cracking catalyst of Shida Excel Technology Co., Ltd., and will increase investment in the environmental protection, safety and production upgrade of the catalyst business production base.

It is reported that Grace is a leading global supplier of catalysts, engineering and packaging materials, as well as special construction chemicals and building materials, with net sales of US$3.2 billion in 2011. Shi Da-Zhuo is a local manufacturer located in Qingdao City. It is mainly engaged in the production and sales of petrochemical catalysts, additives, additives, and other chemical products. In 2011, it had sales of 680 million yuan.

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