2017 News Releases

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W. R. Grace & Co. Conference Call on Polyolefin Catalysts Acquisition (Replay)
12/15/17 at 8:30 a.m. ET
W. R. Grace & Co. Conference Call on Polyolefin Catalysts Acquisition
Friday, December 15, 2017 8:30 a.m. ET  
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Dec 14, 2017Grace to Acquire Polyolefin Catalysts Business
Investor Call Tomorrow, Dec. 15, at 8:30 a.m. ET COLUMBIA, Md., Dec. 14, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today signed an agreement to acquire the Polyolefin Catalysts business of Albemarle Corporation (NYSE:ALB) for $416 million. The transaction is expected to close in the first quarter of 2018, subject to regulatory approvals and other customary closing conditions. The Polyolefin Catalysts business is a global leader in proprietary and custom-manufactured single-... 
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Nov 28, 2017Grace Licenses UNIPOL® PP Process Technology To Kuwait Integrated Petroleum Industries Company
COLUMBIA, Md., Nov. 28, 2017 (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 Kuwait Integrated Petroleum Industries Company (KIPIC) for the integrated petrochemical complex at its Al-Zour refinery. Expected to open in 2023, the facility is designed to produce 940 kilotons per year of PP, including high-end homopolymer, random cop... 
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Nov 27, 2017Grace Licenses UNIPOL® PP Process Technology To Sinochem Quanzhou Petrochemical Co., Ltd. in China
COLUMBIA, Md., Nov. 27, 2017 (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 Sinochem Quanzhou Petrochemical Co., Ltd. for a 1-million-ton-per-year ethylene cracker and refinery expansion project at its facility in Quanzhou, Fujian province, China. The new 350-kiloton-per-year line is expected to begin operations in 2020 to produ... 
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Nov 27, 2017Grace Licenses UNIPOL® PP Process Technology to Oriental Energy (Ningbo) in China
COLUMBIA, Md., Nov. 27, 2017 (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 Oriental Energy (Ningbo) New Material Co., Ltd. for an expansion at its facility in Ningbo, China. The two new 400-kiloton capacity lines are expected to begin operations in 2020 to produce homopolymer and random copolymers. The Ningbo operation is a ... 
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Nov 21, 2017Grace to Present at Citi 2017 Basic Materials Conference
COLUMBIA, Md., Nov. 21, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced today that Fred Festa, Chairman and Chief Executive Officer, and Tom Blaser, Senior Vice President and Chief Financial Officer, will present at the Citi 2017 Basic Materials Conference in New York City on Tuesday, November 28, 2017. Scheduled to begin at 9:30 a.m. Eastern Time, the presentation will be webcast simultaneously on the company’s website. To listen to the live audio webcast, go to www.gra... 
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Nov 10, 2017Grace to Host 2018 Investor Day
COLUMBIA, Md., Nov. 10, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will host an Investor Day on Friday, March 2, 2018, in New York City. Chairman and Chief Executive Officer Fred Festa, President and Chief Operating Officer Hudson La Force, and Senior Vice President and Chief Financial Officer Tom Blaser, along with other senior business leaders, will present an in-depth overview of the company’s growth strategy, business segments, and financial objectives. The presentation w... 
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Nov 06, 2017Grace Announces 2018 Price Increase for Silica-Based Materials Technologies Products
COLUMBIA, Md., Nov. 06, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will increase the price of silica-based and molecular sieve products sold through its Grace Materials Technologies business segment by 6 percent as contracts allow. This increase will be effective January 1, 2018. Affected will be prices for silica gel, colloidal silica, precipitated silica, and adsorbent products, including the DARACLAR®, LUDOX®, PERKASIL®, PHONOSORB®, SHIELDEX®, SIDENT®, SYLOBEAD®, SYLOBLOC®... 
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Nov 03, 2017Festa to Retire as Grace CEO in Q4 2018, Remain as Non-Executive Chairman
La Force Elected to Grace Board COLUMBIA, Md., Nov. 03, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced today that Fred Festa intends to step down as Chief Executive Officer during the fourth quarter of 2018, but remain as non-executive Chairman. Grace also announced that, as part of its succession plan, the Board of Directors has elected Hudson La Force, President and Chief Operating Officer, as a director of the company.  “Fred has led the company through one of the m... 
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Oct 31, 2017Grace to Present at Baird 2017 Global Industrial Conference
COLUMBIA, Md., Oct. 31, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced today that Thomas E. Blaser, Senior Vice President and Chief Financial Officer, and Tania C. Almond, Investor Relations Officer, will present at Baird's 2017 Global Industrial Conference in Chicago on Tuesday, November 7, 2017. Scheduled to begin at 12:00 p.m. Central Time / 1:00 p.m. Eastern Time, the presentation will be webcast simultaneously on the company’s website. To listen to the live audio w... 
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Oct 25, 2017Grace Announces 2018 FCC Catalysts Price Increase
COLUMBIA, Md., Oct. 25, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will increase the price of its Fluid Catalytic Cracking (FCC) catalysts by 3 to 9 percent, depending on product type and specific customer contract terms and commitments. This increase will be effective January 1, 2018, as contracts allow. Grace is experiencing increased demand for its premium FCC catalysts including its MIDAS®, ACHIEVE®, and propylene maximization technologies, which are helping refiners incr... 
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Oct 25, 2017Grace Reports Third Quarter 2017 Results
Net sales of $429.5 million up 6% Diluted EPS from continuing operations of $0.70 up 21%, and Adjusted EPS of $0.90 up 13% Income from continuing operations attributable to Grace of $47.4 million up 15%, and Adjusted EBIT of $108.1 million up 5% Net cash flow provided by operating activities of $267.5 million and Adjusted Free Cash Flow of $249.3 million year-to-date Declaring quarterly cash dividend of $0.21 per share COLUMBIA, Md., Oct. 25, 2017 (GLOBE NEWSWIRE) -- W. R. G... 
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Oct 25, 2017Grace Announces Quarterly Dividend
COLUMBIA, Md., Oct. 25, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that it has declared a quarterly cash dividend of $0.21 per share. The dividend is payable December 7, 2017, to shareholders of record at the close of business on November 15, 2017. 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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Oct 09, 2017Grace Acquires Exclusive License of Ordered Mesoporous Silica Patents for Drug Delivery from Formac
COLUMBIA, MD. – Oct. 9, 2017 – W. R. Grace & Co. announces that it has acquired from Formac Pharmaceuticals NV exclusive licensing rights on multiple patents and know-how for ordered mesoporous silica-based technology to enhance the oral bioavailability of active pharmaceutical ingredients (APIs). Grace and Formac formed a strategic partnership in 2011 to jointly develop new silica-based drug delivery technologies. Now, Grace will have sole control of the unique application that uses orde... 
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Oct 05, 2017Grace Announces Release Date for Third Quarter 2017 Results
COLUMBIA, Md., Oct. 05, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will release its third quarter 2017 financial results at 6:00 a.m. ET on Wednesday, October 25, 2017. 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 third quarter results. A ... 
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Sep 20, 2017Grace Licenses UNIPOL® PP Process Technology and Services to Ningxia Baofeng Energy Group in China
COLUMBIA, Md., Sept. 20, 2017 (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 and services to Ningxia Baofeng Energy Group Co., Ltd. for a new methanol-to-olefin (MTO) facility in Ningxia, China. The new reactor line is expected to begin operations in late 2018. Based in Yinchaun, China, Ningxia Baofeng Energy Group manufactures,... 
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Sep 07, 2017Grace Donates $100,000 to Hurricane Harvey Relief
COLUMBIA, Md., Sept. 07, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announces that its philanthropic organization, W. R. Grace Foundation, Inc., is donating $100,000 to support the victims of Hurricane Harvey through the American Red Cross Disaster Relief Fund. Mark Shelnitz, Chairman of the W. R. Grace Foundation, said, “Our support for Hurricane Harvey relief through the Red Cross reflects our concern for the safety and security of our employees and their families, the comm... 
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Sep 05, 2017Grace to Participate in Upcoming Investor Conferences
COLUMBIA, Md., Sept. 05, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced today that Fred Festa, Chairman and Chief Executive Officer and Thomas E. Blaser, Senior Vice President and Chief Financial Officer will present at the Credit Suisse 30th Annual Basic Materials Conference in New York City on Wednesday, September 13, 2017. Scheduled to begin at 1:00 p.m. Eastern Time, the presentation will be webcast simultaneously on the company’s website. To listen to the live audi... 
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Aug 28, 2017Grace Agrees to Acquire Evonik Dental Silica and Huber Defoamer Product Lines
COLUMBIA, Md., Aug. 28, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that it has entered into a definitive agreement to acquire certain assets from Evonik Industries AG on September 5, 2017, following the close of Evonik’s acquisition of J.M. Huber Corporation’s silicas business. The assets to be acquired by Grace include trademarks and licenses to produce and sell Evonik’s SIDENT® dental precipitated silica product range and J.M. Huber Corporation’s defoamer and a... 
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Jul 27, 2017Grace Licenses UNIPOL® PP Process Technology to Canada Kuwait Petrochemical Corporation in Alberta, Canada
COLUMBIA, Md., July 27, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. ("Grace") (NYSE:GRA), the world's leading supplier of polyolefin catalyst technology and polypropylene ("PP") process technology, has contracted to license its UNIPOL® PP Process Technology to Canada Kuwait Petrochemical Corporation ("CKPC"), a 50/50 joint venture between Pembina Pipeline Corporation (TSX:PPL) (NYSE:PBA) of Canada and Petrochemical Industries Company K.S.C. of Kuwait. The new installation will be part of CKPC's... 
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Jul 27, 2017Grace Announces Quarterly Dividend
COLUMBIA, Md., July 27, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that it has declared a quarterly cash dividend of $0.21 per share. The dividend is payable September 7, 2017, to shareholders of record at the close of business on August 17, 2017. 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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Jul 27, 2017Grace Reports Second Quarter 2017 Results
Net sales of $429.5 million up 10% Diluted EPS from continuing operations of $0.64, and Adjusted EPS of $0.84 up 14% Income from continuing operations attributable to Grace of $43.9 million, and Adjusted EBIT of $104.0 million up 8% Net cash flow provided by operating activities of $140.5 million and Adjusted Free Cash Flow of $135.6 million year-to-date Declaring quarterly cash dividend of $0.21 per share COLUMBIA, Md., July 27, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co... 
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Jul 19, 2017*UPDATED TIME* Grace Announces Release Date for Second Quarter 2017 Results
COLUMBIA, Md., July 19, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will release its second quarter 2017 financial results at 5:00 a.m. ET on Thursday, July 27, 2017. A company-hosted conference call and webcast will follow now at 8:00 a.m. ET that day (instead of 9:00 a.m. ET, as earlier announced), in order to avoid conflict with other company earnings calls in the sector. During the call, Fred Festa, Chairman and Chief Executive Officer; Hudson La Force, President and Chief... 
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Jul 05, 2017Grace Announces Release Date for Second Quarter 2017 Results
COLUMBIA, Md., July 05, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will release its second quarter 2017 financial results at 6:00 a.m. ET on Thursday, July 27, 2017. 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 second quarter results. A qu... 
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Jun 26, 2017Grace Enters Agreement with Valliscor to Provide Fluorinated Intermediates for the Pharmaceutical Industry
COLUMBIA,  MD., June 26, 2017 – W. R. Grace & Co. announces a Master Services  Agreement with Valliscor, an Oregon-based manufacturer of fluorinated building  blocks, to provide fluorinated intermediates that are used in a variety of  industries, including pharmaceuticals, electronics, and specialty chemicals.The partnership brings together Valliscor’s proprietary fluoroalkylation technology with Grace’s cGMP manufacturing capability. The Albany site has more than 30 year... 
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Jun 13, 2017Grace Licenses UNIPOL® PP Process Technology To Hengli Petrochemical Refinery Co. in Dalian, China
COLUMBIA, Md., June 13, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the world’s leading supplier of polyolefin catalyst technology and polypropylene (PP) process technology, contracted to license its UNIPOL® PP process technology to Hengli Petrochemical (Dalian) Refinery Co. Ltd., a subsidiary of Hengli Group. The installation will be made at the company’s facility in Dalian, Liaoning province, China, and is expected to begin operations in 2019 using Grace’s leading SHAC® Ziegle... 
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May 22, 2017Grace Expands Fine Chemicals Development, Production Capabilities with New cGMP Kilo Suite at Oregon Facility
ALBANY, OR. – May 22, 2017 – W. R. Grace & Co. announces expansion of its current Good Manufacturing Practice (cGMP) development and production capabilities with the opening of a cGMP-compliant Kilo Suite at its Albany, Oregon facility.The new kilo lab can produce advanced intermediates of high quality, consistency, and control. The lab includes a wide range of all-glass reactor systems from 15 to 100 liters, an Aurora® filter dryer, a walk-in hood, and an integrated air-lock system. The sta... 
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May 18, 2017Jan van Egmond, Clark Williams Win Grace Award for Technical Excellence
COLUMBIA, Md. – May 18, 2017 – W. R. Grace & Co. announces that Clark Williams, Ph.D. and Jan van Egmond, Ph.D. have won the Grace Award for Technical Excellence (GATE) for the development and commercialization of CONSISTA®, the world’s first 6th Generation non-phthalate catalyst and donors for the production of polypropylene (PP). Introduced by Grace Chairman and Chief Executive Officer Fred Festa and the Grace Research Council in 2007, GATE recognizes employees for techni... 
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May 09, 2017Grace to Present at Goldman Sachs Basic Materials Conference 2017
COLUMBIA, Md., May 09, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced today that Hudson La Force, President and Chief Operating Officer and Thomas E. Blaser, Senior Vice President and Chief Financial Officer will present at the Goldman Sachs Basic Materials Conference in New York City on Tuesday, May 16, 2017. Scheduled to begin at 10:35 a.m. Eastern Time, the presentation will be webcast simultaneously on the company’s website. To listen to the live audio webcast, go t... 
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Apr 26, 2017Grace Appoints Wisniewski as President, Materials Technologies
COLUMBIA, Md., April 26, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced the appointment of Sandra Wisniewski as President, Grace Materials Technologies, the business segment which produces and sells specialty materials, including silica-based and silica-alumina-based materials used in coatings, consumer, industrial, and pharmaceutical applications. ... 
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Apr 26, 2017Grace Announces Quarterly Dividend
COLUMBIA, Md., April 26, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that it has declared a quarterly cash dividend of $0.21 per share. The dividend is payable June 8, 2017, to shareholders of record at the close of business on May 17, 2017. 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 Technolo... 
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Apr 26, 2017Grace Reports First Quarter 2017 Results
Net sales of $398.0 million up 10% Diluted EPS from continuing operations of $0.63 and Adjusted EPS of $0.68 up 11% Income from continuing operations attributable to Grace of $42.9 million and Adjusted EBIT of $86.8 million up 5% Net cash flow provided by operating activities of $35.9 million and Adjusted Free Cash Flow of $50.0 million year-to-date Declaring quarterly cash dividend of $0.21 per share COLUMBIA, Md., April 26, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (N... 
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Apr 05, 2017Grace Announces Release Date for First Quarter 2017 Results
COLUMBIA, Md., April 05, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will release its first quarter 2017 financial results at 6:00 a.m. ET on Wednesday, April 26, 2017. 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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Mar 14, 2017Grace to Feature Greener Solutions to Meet Industry, Consumer Demands at European Coatings Show, April 4-6
COLUMBIA, MD. – March 14, 2017 – W. R. Grace & Co., a global  innovator in technologies for coatings, will feature solutions designed to meet  today's environmental coatings needs at the European Coatings Show in  Nuremberg, Germany from April 4-6, 2017. Grace's exhibit will  showcase new technologies for waterborne and UV wood coatings, including  products to create alternatives with lower VOC (volatile organic compounds). Grace  will feature its new SYLOID®... 
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Feb 13, 2017Grace to License UNIPOL® PP Process Technology to Dongguan Grand Resources, China
COLUMBIA, Md., Feb. 13, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the world’s leading supplier of polyolefin catalyst technology and polypropylene (PP) process technology, in the fourth quarter of 2016 contracted to license its UNIPOL® PP process technology to Dongguan Grand Resource Science & Technology Co. Ltd. The installations will be made at the company’s facility in Dongguan, Guangzhou province, China, and are expected to begin operations in 2019 using Grace’s leadin... 
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Feb 08, 2017Grace Announces $250 Million Share Repurchase Program
COLUMBIA, Md., Feb. 08, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced that its Board of Directors has authorized a new share repurchase program of up to $250 million expected to be completed over the next 24 to 36 months at the discretion of management. Grace has repurchased shares totaling over $960 million since February 2014. The new program is expected to begin following the completion of our existing share repurchase program, which had $34 million of remaining repurc... 
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Feb 08, 2017Grace to Increase Dividend 24 Percent Effective in the First Quarter 2017
COLUMBIA, Md., Feb. 08, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced today that its Board of Directors has approved a 24 percent increase in the company's regular annual cash dividend rate from $0.68 to $0.84 per common share. The increase will be effective starting with the first quarter dividend of $0.21 per common share, which was declared by the Board and is payable on March 23, 2017, to shareholders of record at the close of business on March 1, 2017. "Grace is com... 
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Feb 08, 2017Grace Reports Fourth Quarter and Full-Year 2016 Results
Income from continuing operations attributable to Grace of $12.8 million down 53% and Adjusted EBIT of $118.9 million up 11% for the quarter Diluted EPS from continuing operations of $0.18 down 54% and Adjusted EPS of $0.95 up 32% for the quarter Gross margin of 36.7% and Adjusted Gross Margin of 42.8% up 60 bps for the quarter Net cash flow provided by operating activities of $267.5 million and Adjusted Free Cash Flow of $236.0 million for the full year Increasing annual cash divide... 
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Jan 18, 2017Grace Announces Release Date for Fourth Quarter and Full Year 2016 Results
COLUMBIA, Md., Jan. 18, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will release its fourth quarter and full-year 2016 financial results at 6:00 a.m. ET on Wednesday, February 8, 2017. 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 qua... 
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