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W. R. Grace & Co.

 
Hoover's Company Profiles:

W. R. Grace & Co.

(NYSE:GRA)
Contact Information
W. R. Grace & Co.
7500 Grace Dr.
Columbia, MD 21044-4098
MD Tel. 410-531-4000
Fax 410-531-4367

Type: Public
On the web: http://www.grace.com
Employees: 5,970
Employee growth: 0.5%

W. R. Grace & Co. operates through two major units. Grace's Davison -- which accounts for two-thirds of sales -- makes silica-based products, chemical catalysts, packaging sealants, and refining catalysts that produce refined products from crude oil. This unit has a refining joint venture with Chevron. Grace's second unit, Construction Products, manufactures concrete and cement additives, fireproofing chemicals, and specialty building materials, such as roofing underlayment and deck protectors. Customers include chemicals companies, oil refiners, and construction firms. A US federal judge confirmed the company's reorganization plan in 2011, paving the way for an exit from a decade of bankruptcy.

Key numbers for fiscal year ending December, 2010:
Sales: $2,675.0M
One year growth: (5.3%)
Net income: $207.1M
Income growth: 190.9%

Officers:
Chairman, President, and CEO: Alfred E. (Fred) Festa
SVP and CFO: Hudson La Force III
CIO: Gloria L. Keesee

Competitors:
Albemarle
BASF Catalysts
Evonik Degussa

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