COLUMBIA, Md., Dec. 13, 2021 (GLOBE NEWSWIRE) -- W. R. Grace & Co., the leading independent supplier of polyolefin catalyst technology, polypropylene (PP) process technology, and technology services, announced the successful start-up of two 400 KTA UNIPOL® PP process technology lines at Oriental Energy in Ningbo, China. This brings the total UNIPOL® PP operating capacity in China to more than 6.3 million tons per annum in the last twelve years making homopolymer, random and impact copolymers to serve the growing market for high performance plastics in China. As of today, we expect another 2 million tons per annum to come on stream in the next few years from UNIPOL® PP Process Technology in

COLUMBIA, Md., Dec. 07, 2021 (GLOBE NEWSWIRE) -- W. R. Grace & Co., the leading independent supplier of polyolefin catalyst technology, polypropylene (PP) process technology, and technology services, has licensed its UNIPOL® PP process technology to Oriental Energy for its Maoming, China, plant. This is Oriental Energy's fifth polypropylene line, and its fourth using Grace's UNIPOL® PP process technology with a production capacity of 400 KTA. Laura Schwinn, President of Grace's Specialty Catalysts business said, "We are extremely pleased that Oriental Energy has chosen our UNIPOL® PP process technology once again for its newest polypropylene line in Maoming. Our continuous cooperation o

ICR 450, 5th Generation ISODEWAXING® catalyst technology provides additional flexibility and profitability for refiners by delivering breakthrough performance from advanced zeolite developmentThe awards are judged by a third-party advisory board consisting of operating companies, EPCs, licensors, consultants, and equipment/service companiesAward confirms ART's innovation and technology leadership COLUMBIA, Md., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Advanced Refining Technologies LLC (ART), the joint venture of US specialty chemicals and materials company W. R. Grace & Co. and US energy company Chevron, today announced that its ICR 450 catalysts have received the 2021 Hydrocarbon Processing

BMO Capital Markets downgraded W.R. Grace from Outperform to Market Perform and set a new price target of $70.00

UBS downgraded W R Grace from Buy to Neutral and set a new price target of $70.00 from $71.00 previously

CL King downgraded W R Grace from Buy to Neutral

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COLUMBIA, Md., Jan. 15, 2021 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE: GRA) today announced that it has sent a letter to 40 North Management LLC (“40 North”) in response to 40 North’s January 11, 2021 revised unsolicited proposal to acquire Grace for $65 per share in cash. Following is the full text of the letter that was sent on January 15, 2021: January 15, 2021 David Winter and David Millstone40 North Management LLC9 West 57th Street, 47th Fl.New York, NY 10019 David and David – I am writing on behalf of the Grace Board of Directors in response to your letter and revised proposal of January 11, 2021. Our Board of Directors has met and discussed your revised proposal. We are wil

COLUMBIA, Md., Jan. 12, 2021 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE: GRA) has elected Cherée H. Johnson as Senior Vice President, General Counsel and Secretary, with responsibility for all legal matters worldwide, including management of Grace’s legal department. As Corporate Secretary, Johnson is also responsible for corporate governance and matters relating to the Board of Directors. She also serves as Grace’s Chief Ethics & Compliance Officer. Johnson succeeds Mark A. Shelnitz who retired from Grace on December 31, 2020. Johnson joins Grace from McCormick & Co., Inc., where she served as Vice President, Deputy General Counsel, Assistant Corporate Secretary and Chief Intellectual P

COLUMBIA, Md., Jan. 11, 2021 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE: GRA) confirmed that it has received a revised proposal from 40 North Management LLC (“40 North”) to acquire all outstanding shares of Grace for $65 per share in cash (the “Proposal”), subject to certain conditions. The Grace Board of Directors, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will carefully review and evaluate the Proposal to determine the course of action it believes is in the best interest of the Company and its shareholders. As part of this review, the Board will consider the Proposal in the context of the Company’s ongoing review of pot

NEW YORK, Aug. 03, 2021 (GLOBE NEWSWIRE) -- W. R. Grace Holdings LLC (formerly known as Gibraltar Acquisition Holdings LLC) ("Holdings") and W. R. Grace & Co. (NYSE:GRA) ("Grace") today announced that, in connection with the anticipated combination of Holdings and Grace, Holdings has commenced offers to eligible holders to exchange (each an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes issued by W. R. Grace & Co.-Conn. (the "Grace Issuer") as set forth in the table below (the "Existing Grace Notes") for (1) up to $1,050,000,000 aggregate principal amount of new notes issued by Holdings (the "New Secured Notes") and (2) cash. The following table se

Second Quarter 2021 Highlights Net sales of $512.9 million were up 22.5%, or up 19.8% on constant currency; all segments increased year over year for the second consecutive quarterWeather-related costs from the Gulf Coast freeze of $10.3 million or $0.12 per share recorded in the second quarterDiluted EPS of $0.68, up $0.79 from $(0.11) a year ago; Adjusted EPS of $1.01, up $0.52 from $0.49 a year ago (See Analysis of Operations and Notes for information on Non-GAAP financial measures; all results based on year-over-year comparison unless otherwise noted.) COLUMBIA, Md., Aug. 02, 2021 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced financia

First Quarter 2021 Highlights Net sales of $456.7 million were up 8.4%, or up 5.8% on constant currency; all segments returned to year over year growth in the quarterWeather-related impact on sales was approximately 3% or $13 million in the first quarter; in addition, expect weather-related costs of approximately $15 million, with $8.5 million or $0.09 per share recorded in the first quarter and approximately $6.5 million expected in the second quarterDiluted EPS of $1.03, up $0.40 from $0.63 a year ago, primarily due to pension curtailment-related gains recorded in 1Q21, and Adjusted EPS of $0.73, up $0.02 from $0.71 a year ago (See Analysis of Operations and Notes for information on Non-

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