W.R. Grace buys catalysts business from German...

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It didn’t take W.R. Grace & Co. very long to pivot from spinning off assets to acquiring them. Columbia-based Grace (NYSE: GRA) said Friday it has signed an agreement to buy the assets of a polyolefin catalysts business from German chemical giant BASF. The deal includes the Lynx technology line used in polyethylene pipe and bimodal film production as well as polypropylene slurry, bulk loop, stirred gas, fluid gas and stirred bulk processes. The companies did not share the terms of the deal, which…