2018 News Releases

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W. R. Grace & Co. at the Goldman Sachs Basic Materials Conference (Replay)
05/15/18 at 9:45 a.m. ET
W. R. Grace & Co. at the Goldman Sachs Basic Materials Conference
Tuesday, May 15, 2018 9:45 a.m. ET  
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May 14, 2018Grace Announces Departure of CFO and Appointment of Interim CFO
COLUMBIA, Md., May 14, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that by mutual agreement Thomas E. Blaser, Senior Vice President and Chief Financial Officer, will resign from the company effective May 31, 2018 to pursue other interests. The company has retained an executive search firm and begun a formal search for his replacement. Blaser’s departure is not related to any financial performance, policy, or control issues or any disagreements on accounting or fin... 
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May 09, 2018Grace Board Elects Yanai Independent Director
COLUMBIA, Md., May 09, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that its Board of Directors has elected Shlomo Yanai as an independent director. Shlomo Yanai has been elected an Independent Director of W. R. Grace & Co. ... 
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May 09, 2018Grace Board Designates La Force to Succeed Festa as Chief Executive Officer
COLUMBIA, Md., May 09, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that its Board of Directors has designated Hudson La Force to succeed Fred Festa as Chief Executive Officer. La Force, who currently serves as President and Chief Operating Officer, will become CEO in the fourth quarter upon Festa’s retirement. Previously, Grace announced that Festa will retire as CEO and remain as non-executive Chairman. ... 
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May 07, 2018Grace to Present at Goldman Sachs Basic Materials Conference 2018
COLUMBIA, Md., May 07, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that Hudson La Force, President and Chief Operating Officer, will present at the Goldman Sachs Basic Materials Conference in New York City on Tuesday, May 15, 2018. Scheduled to begin at 9:45 a.m. Eastern Time, the presentation will be webcast simultaneously on Grace’s website. To listen to the live audio webcast, go to www.grace.com and click on the Events & Presentations tab in the Investo... 
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Apr 26, 2018Grace Appoints Jeremy Rohen Vice President, Corporate Development and Investor Relations
COLUMBIA, Md., April 26, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced the appointment of Jeremy F. Rohen as Vice President, Corporate Development and Investor Relations, effective immediately. Jeremy Rohen Vice President, Corporate Development and Investor Relations, W. R. Grace & Co. ... 
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Apr 26, 2018Grace Announces Surcharge on FCC SOx Reduction Additives
COLUMBIA, Md., April 26, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will institute a surcharge of $0.35 per pound ($0.77 per kilogram) on the price of its sulfur oxides (SOx) reduction additives used in Fluid Catalytic Cracking (FCC) units. This price adjustment will offset recent increases in the cost of vanadium and will be effective immediately as contracts allow. ... 
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Apr 25, 2018Grace Announces Quarterly Dividend
COLUMBIA, Md., April 25, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that it has declared a quarterly cash dividend of $0.24 per common share. The dividend is payable June 6, 2018, to shareholders of record at the close of business on May 16, 2018. About Grace Built on talent, technology, and trust, Grace is a leading global supplier of catalysts and engineered materials. The company’s two industry-leading business segments—Catalysts Technologies and Materials... 
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Apr 25, 2018Grace Reports First Quarter 2018 Results
Net sales up 8.4%; Higher sales volumes and improved pricing in both segments;  seventh consecutive quarter of year-over-year sales growth Diluted EPS of $0.64, up 1.6%; Adjusted EPS of $0.82, up 20.6% Completed strategic acquisition of polyolefin catalysts business on April 3 Raising full-year 2018 sales and earnings guidance COLUMBIA, Md., April 25, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced financial results for the first quarter 2018, summarized ... 
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Apr 24, 2018Grace Licenses UNIPOL® PP Process Technology to Inter Pipeline
COLUMBIA, Md., April 24, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL® PP Process Technology to Inter Pipeline Ltd. (TSX:IPL) for its Heartland Petrochemical Complex located in Alberta, Canada. The new, world scale capacity UNIPOL® PP facility utilizing 525 KTA of propylene feedstock is expected to enter into service in late 2021. Inter Pip... 
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Apr 04, 2018Grace Announces Release Date for First Quarter 2018 Results
COLUMBIA, Md., April 04, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will release its first quarter 2018 financial results at 6:00 a.m. ET on Wednesday, April 25, 2018. A company-hosted conference call and webcast will follow at 9:00 a.m. ET that day. During the call, Fred Festa, Chairman and Chief Executive Officer; Hudson La Force, President and Chief Operating Officer; and Tom Blaser, Senior Vice President and Chief Financial Officer, will discuss first quarter results. A q... 
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Apr 03, 2018Grace Completes Acquisition of Albemarle Polyolefin Catalysts Business
COLUMBIA, Md., April 03, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today completed the $416 million acquisition of the Polyolefin Catalysts business of Albemarle Corporation (NYSE:ALB). The acquired business primarily develops and manufactures proprietary and custom-manufactured single-site catalysts as well as metallocenes and activators used in the production of plastic resins. The transaction also includes a comprehensive series of highly optimized Ziegler-Natta catalysts... 
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Mar 02, 2018Grace Hosts 2018 Investor Day Today in New York City
Outlines strategic framework for profitable growth Introduces the Grace Value Model (GVM) Reaffirms 2018 Outlook and 2021 Financial Framework COLUMBIA, Md., March 02, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co.  (NYSE:GRA) will hold its investor day today in New York City, with presentations given by Fred Festa, Chairman and Chief Executive Officer; Hudson La Force, President and Chief Operating Officer; Tom Blaser, Senior Vice President and Chief Financial Officer; as well as its ... 
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Feb 08, 2018Grace Appoints Mills as Vice President, Integrated Supply Chain
COLUMBIA, Md., Feb. 08, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) has appointed Samuel A. Mills as Vice President, Integrated Supply Chain with responsibility for its global manufacturing, procurement, order fulfillment, logistics, and supply chain planning activities. Mills comes to Grace from Honeywell International, where he served as Vice President, Integrated Supply Chain for several of its businesses. During his career, Mills has held a number of leadership positions t... 
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Feb 08, 2018Grace to Increase Dividend 14 Percent
COLUMBIA, Md., Feb. 08, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced today that its Board of Directors has approved a 14 percent increase in the company's regular annual cash dividend from $0.84 to $0.96 per common share. The increase will be effective with the first quarter dividend of $0.24 per common share, and is payable on March 22, 2018 to shareholders of record at the close of business on March 1, 2018. "Grace remains committed to growing our dividend as part o... 
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Feb 08, 2018Grace Reports Fourth Quarter and Full-Year 2017 Results
Net sales for the quarter of $459.5 million up 4%; net sales for the full year of $1.7 billion up 7% Diluted EPS from continuing operations for the quarter of $(1.81) and for the full year of $0.16, including a charge of $2.10 per share related to U.S. tax reform  Adjusted EPS for the quarter of $0.98 up 3% and for the full year of $3.40 up 10% Net cash flow provided by operating activities for the full year of $319.2 million, up 19% and Adjusted Free Cash Flow of $274.0 million, up 1... 
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Jan 25, 2018Grace Wins Sherwin-Williams’ Certified Supplier Award
COLUMBIA, Md., Jan. 25, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. has received Sherwin-Williams’ Certified Supplier Award for achieving the highest level of product quality, performance, and outstanding customer service. An industry leader in the development of technologically advanced paints and coatings, Sherwin-Williams utilizes a stringent Supplier Performance Program to select winners of this award. “We’re honored to be recognized by a valued customer and a clear leader in the c... 
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Jan 22, 2018Grace Licenses UNIPOL® PP Process Technology to Grupa Azoty in Poland
COLUMBIA, Md., Jan. 22, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the leading supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has contracted to license its UNIPOL® PP Process Technology to PDH Polska S. A. for a new facility in Police, Poland. With a capacity of 400 kilotons per year, the PP line is expected to begin operations in 2022. The PDH Polska operation is a subsidiary of Grupa Azoty S. A. of Tarnów, Poland, a leader in the manu... 
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Jan 18, 2018Grace Announces Release Date for Fourth Quarter and Full Year 2017 Results
COLUMBIA, Md., Jan. 18, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will release its fourth quarter and full year 2017 financial results at 6:00 a.m. ET on Thursday, February 8, 2018. A company-hosted conference call and webcast will follow at 9:00 a.m. ET that day. During the call, Fred Festa, Chairman and Chief Executive Officer; Hudson La Force, President and Chief Operating Officer; and Tom Blaser, Senior Vice President and Chief Financial Officer, will discuss fourth quar... 
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Jan 16, 2018Grace Signs Investment Framework to Support FCC Refining Industry in Kazakhstan
COLUMBIA, Md., Jan. 16, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) has signed an investment framework agreement with 1) “KazMunayGas” (ҚазМұнайГаз), Kazakhstan’s national operator for exploration, production, refining, and transportation of hydrocarbons, representing the state in Kazakhstan’s petroleum sector; and 2) “United Chemical Company” LLP, (Біріккен Химиялық Компания), operator of Kazakhstan’s State Program on Accelerated Industrial and Innovative Development in the chem... 
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