Grace Announces New BioFuel Technologies Group
2 October 2006
Grace Davison, an operating segment of WR Grace and a global supplier of catalysts and chemicals, has established a BioFuel Technologies Group that will oversee intensified product development in the renewable fuels industry.
The first areas the BioFuel Technologies Group will focus on include catalysts and adsorbents for enhanced biodiesel and bioethanol production, as well as chromatography-based analytical and quality control tools.
The BioFuel Technologies Group combines previous efforts across product lines, leveraging the company’s existing global infrastructure and enabling Grace to offer integrated customer solutions and technical support.
Grace expects the BioFuel Technologies Group to capitalize on an estimated average growth rate of 15% in the biofuels industry, as reported by a study prepared by the Worldwatch Institute.
|Davison FCC catalysts and additives. Source: Grace|
Grace’s Davison Catalysts is the world’s leading producer of fluid cracking catalysts (FCC) and additives used by oil refineries to produce gasoline and other petroleum-based products.
A Davison joint venture with Chevron—Advanced Refining Technologies—is a market leader in hydroprocessing catalysts used to upgrade refining feedstocks and fuels.
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