Announced

Completed

Grace completed the acquisition of ART Hydroprocessing from Chevron.

Synopsis

Grace, an American chemical business, completed the acquisition of ART Hydroprocessing, a supplier of hydroprocessing catalysts, from Chevron, an integrated energy company. Financial terms were not disclosed. "Grace's acquisition of ART reflects our dedication to the hydroprocessing sector, bringing customers even more value from our worldwide manufacturing network and technical expertise. This strategic move positions Grace to better support the refining industry in helping to meet the challenges of the energy transition while optimizing operations, increasing efficiencies, and maximizing yields," Thomas Deman, Grace President, Performance Catalyst Solutions.

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