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BASF completes divestiture of global Polyolefin Catalysts business


BASF has closed the previously announced transaction to divest its global Polyolefin Catalysts business to W. R. Grace & Co.. The relevant merger control approvals have already been granted. Included in the transaction are technologies, patents, trademarks and the transfer of BASF’s production ...


BASF to divest global Polyolefin Catalysts business


BASF has signed an agreement to sell its global Polyolefin Catalysts business to W.R. Grace & Co. Currently, the Polyolefin Catalysts business is part of BASF’s Catalysts division. BASF and Grace intend to complete the transaction in the third quarter of 2016. The targeted transaction includes ...


Cummings, Gulyas Elected to Grace Board of Directors


W. R. Grace & Co.announced that its Board of Directors has elected two new members - Robert F. Cummings, Jr., and Diane H. Gulyas. Their election increases the board from eight to 10 members. Both will be up for re-election at Grace’s annual meeting. Cummings has more than 30 years of investment ...


Grace and Dow to Develop Next-Generation Catalysts for Polypropylene Production


W. R. Grace & Co. announced that it has entered into an agreement with The Dow Chemical Company to develop new catalysts for polypropylene production. The catalysts, which use one of Dow’s non-phthalate internal donor technologies and Grace proprietary catalyst expertise, will be sold by Grace ...


Grace Announces Management Re-Alignment


W. R. Grace & Co. announced that Gregory E. Poling has been elected as Grace's President and Chief Operating Officer. Mr. Poling previously served as President of Grace Davison, Grace's largest operating segment. Fred Festa will remain Chairman and Chief Executive Officer. Poling joined Grace in ...


Mark Sutherland Joins Grace as Vice President, Investor Relations


W. R. Grace & Co. announced that J. Mark Sutherland has joined the company as Vice President, Investor Relations. Mark joins Grace from The Lubrizol Corporation where he served as Lubrizol's investor relations officer for six years. Prior to that, Mark was the general manager of a Lubrizol ...


Grace Completes Acquisition of Synthetech, Inc.


W. R. Grace & Co. and Synthetech, Inc. announced that Grace has completed the previously announced acquisition of Synthetech, a manufacturer of fine chemicals, at a price of $1.163286 per share. “We are pleased to add Synthetech’s technical expertise and manufacturing assets,” said Greg Poling, ...


Grace Celebrates 100 Years of Manufacturing in Maryland


W. R. Grace & Co. is marking a century of manufacturing at the company’s Grace Davison operations in Baltimore (Curtis Bay), Maryland. Manufacturing at this location began in 1910 with the production of sulfuric acid, a basic building block of the early chemical industry. In later years, ...


Grace to Acquire Synthetech, Inc. for Single-Site Catalyst Production


W. R. Grace & Co. and Synthetech, Inc. announced that they have entered into a definitive merger agreement under which Grace will purchase Synthetech, a manufacturer of fine chemicals specializing in organic synthesis, biocatalysis and chiral technologies. The aggregate purchase price for the ...


Grace Plans Expansion to Meet Demand for Polypropylene Catalysts


W. R. Grace & Co. announced plans to increase its manufacturing capacity with the expansion of its facility in Worms, Germany. The expansion will enable greater production of polypropylene catalysts (commonly marketed under the trade name POLYTRAK(R)) that are used by customers in the production ...


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