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2001 |
W. R. Grace & Co. announces on April 2, 2001 that the Company voluntarily filed
for reorganization under Chapter 11 of the United States Bankruptcy Code in response
to a sharply increasing number of asbestos claims. This Chapter 11 filing includes
62 of Grace's domestic entities. None of the Company's foreign subsidiaries are
included in this filing.
Grace Performance Chemicals acquires Pieri SA's construction chemicals business,
while Grace Davison Catalysts enters into a joint venture, Advanced Refining Technologies,
for hydroprocessing catalysts with Chevron Products Company. Grace Davison Silicas
acquires The Separations Group, as well as the precipitated silicas business of
Akzo-PQ Silica. |
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2002 |
 Grace Davison Catalysts acquires the catalyst manufacturing assets of Borealis A/S
and integrates them into the existing polyolefin catalyst business, while Advanced
Refining Technologies, the Grace/Chevron joint venture, acquires an exclusive license
for the hydroprocessing catalyst technology of Japan Energy Corporation. Grace Performance
Chemicals acquires a leading supplier of specialty chemicals to the concrete paver
and masonry industries, Addiment, Inc.
Grace
Performance Chemicals joins the National Roofing Contractors Association and donates
more than 40,000 square feet of Grace Ice & Water Shield, a watertight roof
underlayment to help repair and replace a part of the Pentagon roof in Washington,
DC. |
|
2003 |
Fred Festa is named President and
Chief Operating Officer of W. R. Grace & Co. in November 2003.
Grace Davison Silica Products acquires MODcol Corporation, a manufacturer of preparative
chromatography columns and provider of custom column packing services. Silica Products
strengthens its European presence with its acquisition of the high performance liquid
chromatography business of Argonaut Technologies.
Grace Performance Chemicals acquires certain assets of Tricosal Beton-Chemie GmbH
& Co., a leading supplier of specialty chemicals and materials to the European
construction industry. |
|
2005 |
Grace acquires:
- Midland Dexter Venezuela, S. A., a supplier of coatings and sealants for rigid packaging
in the local and export markets of Latin America.
- Perstorp Peramin Ab, a concrete admixture business in Sweden.
- The assets of Single-Site Catalysts, LLC, a supplier of organometallic catalysts.
- Flexit Laboratories Pvt. Ltd., an Indian chromatography company, through Grace subsidiary,
Alltech Associates Applied Science Limited (UK).
Grace expands reach in China with the opening of a new office in Shanghai and a
technical service center in Beijing.
Grace announces an agreement for the Kuwait Catalyst Company to manufacture Advanced
Refining Technologies catalysts for the petroleum refining industry in the Arabian
Gulf region. |
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2006 |
Grace opens a manufacturing facility in Tennessee to produce products for residential
and commercial construction.
The company continues to grow in China and Eastern Europe with the openings of a
new discovery sciences technical center in Shanghai and a marketing office in Moscow.
Grace acquires a catalyst components business and custom catalyst assets in order
to expand existing polyolefin catalysts manufacturing capabilities. |
|
2007 |
Grace Davison opens a new facility in Surat, India, focused on manufacturing columns
and cartridges for chromatography applications.
Grace acquires certain assets of Grupo Sistiaga S.L., a supplier of coatings for
aluminum containers located in Hernani, Spain.
Grace expands its R&D capabilities in Europe with the official grand opening
of an innovation center in Poznan, Poland. The facility develops new technology
platforms and products for customers in the construction and packaging industries.
Grace opens a new facility manufacturing cement processing additives and concrete
admixtures in the Hoc Mon District of Ho Chi Minh City, Vietnam. |
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2008 |
Fred Festa becomes Chairman of the Board of Directors in January 2008. |
|
2009 |
Grace opens a Customer Centre of Excellence near Barcelona, Spain and a manufacturing
facility in Chennai, India for the production of specialty chemicals used in commercial,
infrastructure and residential construction. |
|
2010 |
Grace announces it has targeted reducing the energy intensity of its operations by 20%
per pound of production by 2017 (using 2007 as the base year to measure progress).
Grace acquires Wuhan Meilixin New Building Materials Co., Ltd., a manufacturer of
waterproofing products located in China, and Synthetech, Inc., a manufacturer of
fine chemicals specializing in organic synthesis, biocatalysis and chiral technologies.
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2011 |
Judge Judith Fitzgerald of the United States Bankruptcy Court for the District of Delaware
confirms the Joint Plan of Reorganization and resolves all outstanding objections to the
Joint Plan in favor of Grace and its co-proponents.
Grace acquires the De Neef Conchem Group, a privately-owned group of companies that develop
waterproofing products for the construction industry.
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