W. R. Grace & Co.

Grace Reports First Quarter 2013 Adjusted EPS of $0.81

W. R. Grace & Co. — Wed, 24 Apr 2013 10:02:58 GMT

Please visit http://www.grace.com/Media/Documents\3091.pdf

Grace Announces Preliminary 2013 First Quarter Earnings; Updates 2013 Earnings Outlook

W. R. Grace & Co. — Wed, 10 Apr 2013 10:00:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) announced preliminary 2013 first quarter net income of $52 million to $53 million, or $0.68 to $0.69 per diluted share. Preliminary Adjusted EBIT is $104 million to $105 million and preliminary Adjusted EPS is $0.80 to $0.81 per diluted share.

2013 First Quarter

Preliminary segment operating income of the Grace Catalysts Technologies business segment is approximately $77 million. Preliminary sales for Catalysts Technologies are approximately $266 million. Preliminary segment gross margin is approximately 40 percent and preliminary segment operating margin is approximately 29 percent.

Catalysts Technologies’ preliminary sales and earnings are below company expectations primarily due to the loss of expected sales at four large customers from customer operational issues and customer inventory reductions (approximately $7 million in earnings) and the delay of expected sales at five large customers, primarily of our ART joint venture (approximately $5 million in earnings).

Preliminary segment operating income for the Grace Materials Technologies and Grace Construction Products business segments increased more than 10 percent compared with the prior-year quarter, in line with company expectations.

As previously disclosed in Grace’s 2012 Form 10-K, the Venezuelan government changed the official exchange rate of the bolivar to the U.S. dollar from 4.3 to 6.3 during the first quarter. As a result, Grace recorded a currency transaction loss of approximately $8 million before taxes in its 2013 first quarter earnings, of which approximately $2 million is included in Adjusted EBIT.

2013 Outlook

As of April 10, 2013, Grace expects 2013 Adjusted EBIT to be in the range of $540 million to $560 million, an increase of 4 to 8 percent compared with 2012 Adjusted EBIT of $517.4 million. The company expects 2013 Adjusted EBITDA to be in the range of $665 million to $685 million.

European economic conditions are weaker than expected, affecting the sales growth of all three business segments. In addition, this update anticipates lower sales volumes in Catalysts Technologies as the business transitions to new refinery catalyst pricing as announced March 13, 2013. These price increases are necessary to support Grace’s continued investments in product technology, technical services, and manufacturing capacity in this business. Refining catalyst sales volumes are expected to recover as new refining capacity starts to come on-stream by the end of this year.

Investor Call

Grace will release its full first quarter 2013 financial results at 6:00 a.m. ET on Wednesday, April 24, 2013. A company-hosted conference call and webcast will follow at 11:00 a.m. ET that day.

Access to the live webcast and the accompanying slides will be available through the Investor Information section of the company’s web site, www.grace.com. Those without access to the Internet can participate by dialing +1 877.299.4454 (U.S.) or +1 617.597.5447 (International). The participant passcode is 60991616. Investors are advised to dial into the call at least ten minutes early in order to register.

An audio replay will be available at 1:00 p.m. ET on April 24. The replay will be accessible by dialing +1 888.286.8010 (U.S.) or +1 617.801.6888 (International) and entering the participant passcode 29840878. The replay will be available for one week.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,500 people in over 40 countries and had 2012 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

This announcement contains forward-looking statements, that is, information related to future, not past, events. Such statements generally include the words “believes,” “plans,” “intends,” “targets,” “will,” “expects,” “suggests,” “anticipates,” “outlook,” “continues” or similar expressions. Forward-looking statements include, without limitation, all statements regarding Grace’s Chapter 11 case; expected financial positions; results of operations; cash flows; financing plans; business strategy; budgets; capital and other expenditures; competitive positions; growth opportunities for existing products; benefits from new technology and cost reduction initiatives, plans and objectives; and markets for securities. For these statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Like other businesses, Grace is subject to risks and uncertainties that could cause its actual results to differ materially from its projections or that could cause other forward-looking statements to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include, without limitation: developments affecting Grace’s bankruptcy, propose plan of reorganization and settlements with certain creditors, the cost and availability of raw materials (including rare earth) and energy, developments affecting Grace’s underfunded and unfunded pension obligations, risks related to foreign operations, especially in emerging region, acquisitions and divestitures of assets and gains and losses from dispositions or impairments, the effectiveness of its research and development and growth investments, its legal and environmental proceedings, costs of compliance with environmental regulation and those factors set forth in Grace’s most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on Grace’s projections and forward-looking statements, which speak only as the date thereof. Grace undertakes no obligation to publicly release any revision to the projections and forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.

Grace Acquires Waterproofing Technology and Capacity in Australia

W. R. Grace & Co. — Wed, 03 Apr 2013 12:00:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) announced the acquisition of Chemind Construction Products, a privately-held specialty manufacturer and distributor of waterproofing coatings technologies and materials for the design and construction industry. Chemind (pronounced kem’-eened) is headquartered and conducts R&D and manufacturing operations in Brisbane, Australia. Terms were not disclosed.

The acquisition will become part of Grace Construction Products (GCP), a leading global provider of construction chemicals and building materials that enhance the durability, strength and appearance of structures all over the world. In 2012, GCP posted sales of $1.0 billion.

Chemind adds new waterproofing technology to Grace’s global Construction Products portfolio and establishes the company’s first waterproofing R&D and manufacturing facility in Australia. The new site will produce waterproofing materials for repair, maintenance and improvement markets as well as for new construction.

Chemind formulates and manufactures specialty, high performance waterproof coatings that protect and preserve as well as improve the integrity, performance, and life of commercial, residential, and civil structures. Chemind also distributes a broad range of waterproofing coatings and materials, including Grace’s own waterproofing solutions, throughout Australia.

“Chemind’s products are highly complementary to Grace’s waterproofing product and technology portfolio,” said Adam Grose, Vice President and General Manager, Asia, Grace Construction Products. “This acquisition is consistent with our strategy to expand our waterproofing business globally.”

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,300 people in over 40 countries and had 2012 net sales of $3.16 billion. More information about Grace is available at www.grace.com.

About Grace Construction Products

Grace Construction Products is a world-leading provider of construction chemicals and building materials that are used to enhance the durability, strength, and appearance of structures all over the world. Products include concrete admixtures, fibers, surface treatments and liquid pigments, additives for cement processing and fire protection, waterproofing and masonry products. More information is available online at http://www.grace.com.

About Chemind

Chemind commenced business as Chemical Industries,in 1976 to service the need for specialized and sophisticated waterproofing and coatings systems being demanded by contractors and consultants for the construction industry. Our Chemind Construction Products division continues to meet the needs of the construction industry throughout Australia and the Asia-Pacific region.

Grace Announces Release Date for First Quarter 2013 Results

W. R. Grace & Co. — Tue, 26 Mar 2013 12:00:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) announced today that it will release its first quarter 2013 financial results at 6:00 a.m. ET on Wednesday, April 24, 2013. A company-hosted conference call and webcast will follow at 11:00 a.m. ET that day.

During the call, Fred Festa, Chairman and Chief Executive Officer, and Hudson La Force, Senior Vice President and Chief Financial Officer, will discuss the first quarter results and provide commentary on business performance. A question and answer session with analysts will follow the prepared remarks.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2012 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

Grace Files Flash Chromatography Patent Infringement Suit against Teledyne Isco

W. R. Grace & Co. — Mon, 25 Mar 2013 20:30:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--On March 15, 2013, W. R. Grace & Co. (NYSE: GRA), through its wholly-owned subsidiary, Alltech Associates, Inc., filed a lawsuit in U.S. District Court for the District of Delaware against Teledyne Technologies, Inc., doing business as Teledyne Isco of Lincoln, Neb., for infringement of four Grace U.S. Patents that cover its proprietary Reveleris® X2 flash chromatography system. Flash chromatography is a process to separate target molecules and purify a product from a complex mixture in minimal time, an important step in a broad range of scientific applications.

Grace introduced the Reveleris® flash chromatography system in 2009, bringing new advanced capabilities to flash chromatography. Since then, Grace has been granted four Reveleris-related U.S. Patents, in addition to many industry awards.

“Patent protection is absolutely essential in a marketplace that values innovation. Companies like Grace, who invest heavily in research and development, can only create the products customers demand if a return on that investment can be assured,” said Laurie Andriate, Vice President/General Manager of Grace’s Discovery Sciences group.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies, and services that enhance the quality of life. Grace employs approximately 6,300 people in over 40 countries and had 2012 net sales of $3.16 billion. More information Grace is available at www.grace.com.

Grace Catalysts Technologies Announces Price Increase

W. R. Grace & Co. — Wed, 13 Mar 2013 21:40:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Grace Catalysts Technologies, an operating segment of W. R. Grace & Co. (NYSE: GRA) announced today pricing and market related actions in its Refining Technologies business. Grace is discontinuing the rare earth surcharge pricing mechanism it instituted in 2010 in response to the high volatility in the costs of various rare earths used in Grace's FCC catalysts and additives. Rare earth costs have stabilized in the past six months and the company believes the surcharge mechanism is no longer appropriate. Grace will reset the base price for FCC catalysts and additives to reflect current rare earth costs, and then raise those base prices for FCC catalysts and additives 10 percent, as contract terms allow.

The price increases are necessary due to significant investments made in the businesses over the past few years and to support continued investment in R&D, technical services, and planned capital investments.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,300 people in over 40 countries and had 2012 net sales of $3.16 billion. More information about Grace is available at www.grace.com.

ART Announces CLG Hydrocracking Catalysts Sales Agreement

W. R. Grace & Co. — Thu, 28 Feb 2013 18:10:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Advanced Refining Technologies LLC (ART) announced that it has signed an agreement with Chevron Lummus Global (CLG) regarding hydrocracking and lubes hydroprocessing catalysts. Under this agreement, ART will have the exclusive right to sell CLG's hydrocracking and lubes hydroprocessing catalysts to CLG's licensees and other petroleum refiners for unit refills. The agreement will streamline hydroprocessing catalyst supply and improve technical service for refining customers by establishing ART as the single point of contact for all their hydroprocessing catalyst needs.

ART is a joint venture between subsidiaries of W. R. Grace & Co. (NYSE: GRA) and Chevron Corporation (NYSE:CVX). CLG is a joint venture between a subsidiary of Chevron and CB&I’s Lummus Technology group.

ART is a leading supplier of hydroprocessing catalysts, with a portfolio of distillate hydrotreating, fixed bed resid hydrotreating, and ebullated bed resid hydrocracking catalysts. CLG is a world leader in hydroprocessing technology development and commercialization, with licensing, engineering, and petroleum refining expertise. Its portfolio includes hydrocracking (ISOCRACKING), lubes hydroprocessing (ISODEWAXING and ISOFINISHING), ebullating bed resid hydrocracking (LC-FINING), and hydrotreating (ISOTREATING) technologies.

Scott Purnell, managing director of ART, commented, "We are pleased to add hydrocracking and lubes hydroprocessing catalysts to our current product portfolio. CLG's ISOCRACKING^®, ISOTREATING^®, ISODEWAXING^®, and ISOFINISHING^® catalysts are proven products that will help our refining customers improve quality and yield. With this new agreement, all of our customers’ hydroprocessing catalyst needs can be provided through a single point of contact."

Leon de Bruyn, managing director of CLG, added, "We continually invest to provide our licensees with world-class process technology, catalysts and support services. This agreement represents a unique combination of ART's well-established portfolio of hydrotreating catalysts, extensive sales network and manufacturing expertise, together with our hydrocracking and lubes hydroprocessing catalyst technologies, and engineering and technical know-how. It will allow our customers to receive broader service and more advanced catalyst materials, and will improve the competitiveness and profitability of their refineries.”

Under the agreement, ART will be the worldwide provider for hydrocracking and lubes hydroprocessing catalysts. CLG will continue to focus on its world-class technology development, licensing, design, and revamp of hydrocracking, lubricant base oil, resid hydrotreating, and resid hydrocracking plants globally. Both ART and CLG customers will continue to have access to the broad depth of Chevron technical service and hydroprocessing operating expertise.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,300 people in over 40 countries and had 2012 net sales of $3.16 billion. More information about Grace is available at www.grace.com.

About Chevron Lummus Global

CLG licenses refining hydroprocessing technologies and catalyst systems worldwide, and is a 50-50 joint venture between Chevron U.S.A. INC. and CB&I’s Lummus Technology group. CLG’s research and development staff is continuously seeking advancements in catalyst and technology that will improve operating economics. CLG is the leading process technology licensor for alternate sources of fuels including: oil sands bitumen, shale oil, biofuels, and extra heavy oils. For more information about Chevron Lummus Global please visit: www.chevronlummus.com

Grace Reports Fourth Quarter 2012 Adjusted EPS of $1.11 and Provides 2013 Earnings Outlook

W. R. Grace & Co. — Wed, 06 Feb 2013 11:04:07 GMT

Please visit http://www.grace.com/Media/Documents\3084.pdf

Grace Announces Adjustment to Asbestos-Related Liability

W. R. Grace & Co. — Thu, 24 Jan 2013 21:30:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) announced today that it will adjust its recorded asbestos-related liability to $2,065 million from the previous amount of $1,700 million. Grace will report a $365 million non-cash, pre-tax charge in its fourth quarter 2012 earnings. This non-cash charge will have no impact on Adjusted EBIT or Adjusted EPS.

As discussed in the company’s November 9, 2012 teleconference with analysts, an adjustment to the recorded amount is now necessary to reflect the increased estimates of the settlement values of the warrant and deferred payment obligation payable to the asbestos personal injury trust under Grace’s plan of reorganization.

The company currently estimates the warrant’s value to be $490 million, the maximum value under the company’s cash settlement agreement with the asbestos trust. The cash settlement agreement was approved by the bankruptcy court on December 17, 2012.

The company currently estimates the deferred payment obligation’s value to be $547 million. The increase in the estimated value of the deferred payment obligation reflects the company’s improved borrowing costs and the expected timing of its bankruptcy emergence.

The non-cash charge of $365 million is lower than the range of $375 million to $475 million that the company had estimated in its November 9 teleconference.

The ultimate cost of settling the asbestos-related liability will be based on the value of the consideration transferred to the asbestos trusts at emergence and may vary from the current estimate.

The company will release fourth quarter 2012 earnings before market open on February 6 and will conduct a conference call with analysts and investors at 11:00 a.m. EST the same day. Conference call dial-in instructions can be found at the Investor Information page on the company’s web site at www.grace.com.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

This announcement contains forward-looking statements, that is, information related to future, not past, events. Such statements generally include the words “believes,” “plans,” “intends,” “targets,” “will,” “expects,” “suggests,” “anticipates,” “outlook,” “continues” or similar expressions. Forward-looking statements include, without limitation, all statements regarding Grace’s Chapter 11 case; expected financial positions; results of operations; cash flows; financing plans; business strategy; budgets; capital and other expenditures; competitive positions; growth opportunities for existing products; benefits from new technology and cost reduction initiatives, plans and objectives; and markets for securities. For these statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Like other businesses, Grace is subject to risks and uncertainties that could cause its actual results to differ materially from its projections or that could cause other forward-looking statements to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include, without limitation: developments affecting Grace’s bankruptcy, proposed plan of reorganization and settlements with certain creditors, the cost and availability of raw materials (including rare earth) and energy, developments affecting Grace’s underfunded and unfunded pension obligations, risks related to foreign operations, especially in emerging regions, acquisitions and divestitures of assets and gains and losses from dispositions or impairments, the effectiveness of its research and development and growth investments, its legal and environmental proceedings, costs of compliance with environmental regulation and those factors set forth in Grace’s most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on Grace’s projections and forward-looking statements, which speak only as of the date thereof. Grace undertakes no obligation to publicly release any revision to the projections and forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.

Grace Announces Release Date for Fourth Quarter 2012 Results

W. R. Grace & Co. — Wed, 02 Jan 2013 21:30:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) announced today that it will release its fourth quarter 2012 financial results at 6:00 a.m. ET on Wednesday, February 6, 2013. A company-hosted conference call and webcast will follow at 11:00 a.m. ET that day.

During the call, Fred Festa, Chairman and Chief Executive Officer, and Hudson La Force, Senior Vice President and Chief Financial Officer, will discuss the fourth quarter results and provide an earnings outlook for 2013. A question and answer session with analysts will follow the prepared remarks.

Access to the live webcast and the accompanying slides will be available through the Investor Information section of the company’s web site, www.grace.com. Those without access to the Internet can participate by dialing +1 800.901.5226 (U.S.) or +1 617.786.4513 (International). The participant passcode is 22134034. Investors are advised to dial into the call at least ten minutes early in order to register.

An audio replay will be available at 1:00 p.m. ET on February 6. The replay will be accessible by dialing +1 888.286.8010 (U.S.) or +1 617.801.6888 (International) and entering the participant passcode 73622027. The replay will be available for one week.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

Badmington to Lead Grace Communications

W. R. Grace & Co. — Thu, 13 Dec 2012 21:30:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) recently named Richards R. Badmington as Vice President, Corporate Communications. Badmington, 57, will lead a global communications team and be responsible for media relations as well as employee and marketing communications from the company’s Columbia, Md., headquarters.

For the past seven years, Badmington was Managing Partner of Cyto Communications, LLC, a communications consulting firm specializing in employee communications. For 18 years before that, he led strategic marketing and public relations engagements with two Baltimore agencies including his own firm. Over the years he has provided counsel to leading global companies and non-profit organizations as well as public agencies and political candidates. Badmington is accredited (APR) by the Public Relations Society of America. He is a graduate of the University of New Hampshire.

“Rich brings a tremendous breadth of experience to Grace,” said Chief Human Resources Officer Pamela Wagoner. “Adding this leadership and depth to our communications reflects how our business has grown as well as the importance we place on the many relationships that are so essential to our success.”

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

Grace Completes the Acquisition of Assets of Noblestar Catalysts

W. R. Grace & Co. — Thu, 29 Nov 2012 09:03:58 GMT

QINGDAO, China--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) announced today that it has completed its acquisition of the assets of Noblestar Catalysts Co., Ltd, a Qingdao, China-based manufacturer of fluid catalytic cracking (FCC) catalysts, catalyst intermediates and related products used in the petroleum refining industry. Grace is the worldwide leader in FCC catalysts.

Qingdao Bureau of Commerce Vice Director General, Cong Yan, welcomed Grace’s investment during the ribbon cutting ceremony and said, “Qingdao is a leading economic center in China. We welcome foreign investment, especially from companies like Grace, which has world-class, leading technologies that can help develop our fast-growing petrochemical industry while also acknowledging environmental and safety concerns.”

“The successful acquisition of Noblestar’s assets in Qingdao is another milestone in Grace’s long relationship with China. And it is an important step in our strategy to provide world-class products and support to the petroleum refining industry,” said Grace’s Chairman and CEO Fred Festa. “Our goal is for customers to look to Grace for innovative technology and industry-leading technical service, as well as a globally integrated manufacturing network that aligns with the world’s demand.” Grace expects to make additional investments at the Qingdao site for environmental, safety and manufacturing upgrades.

Chao Cui, CEO and President of Noblestar Catalysts, said, “We have been happy and proud to be a business partner of Grace’s refining technologies business for years and we are excited to continue a business relationship with Grace in the future.”

Grace first established a presence in China when it founded Grace China Ltd. in 1986 as the first Wholly Foreign-Owned Company to do business in the People’s Republic of China -- through its can sealants plant in Shanghai.

Currently, Grace operates 5 manufacturing facilities, 3 sales offices and 2 technical service centers in mainland China, including its Asia Pacific regional headquarters in Shanghai.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

About Noblestar

Noblestar, located in Qingdao, China, has been specialized in the manufacturing of FCC catalysts and additives for petrochemicals since 2001. Noblestar has been involved in the rare earth business from 2010. Noblestar employs 150 people, consisting of experienced R&D and engineering professionals and a team of skilled workers. It had sales of 680 million RMB (appx. 108 million USD) in 2011. More information about Noblestar is available at www.noblestar.com.cn.

This announcement contains forward-looking statements, that is, information related to future, not past, events. Such statements generally include the words “believes,” “plans,” “intends,” “targets,” “will,” “expects,” “suggests,” “anticipates,” “outlook,” “continues” or similar expressions. Forward-looking statements include, without limitation, all statements regarding Grace’s Chapter 11 case; expected financial positions; results of operations; cash flows; financing plans; business strategy; budgets; capital and other expenditures; competitive positions; growth opportunities for existing products; benefits from new technology and cost reduction initiatives, plans and objectives; and markets for securities. For these statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Like other businesses, Grace is subject to risks and uncertainties that could cause its actual results to differ materially from its projections or that could cause other forward-looking statements to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include, without limitation: developments affecting Grace’s bankruptcy, propose plan of reorganization and settlements with certain creditors, the cost and availability of raw materials (including rare earth) and energy, developments affecting Grace’s underfunded and unfunded pension obligations, risks related to foreign operations, especially in emerging region, acquisitions and divestitures of assets and gains and losses from dispositions or impairments, the effectiveness of its research and development and growth investments, its legal and environmental proceedings, costs of compliance with environmental regulation and those factors set forth in Grace’s most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on Grace’s projections and forward-looking statements, which speak only as the date thereof. Grace undertakes no obligation to publicly release any revision to the projections and forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.

Jeff Quinn Joins Grace’s Board of Directors

W. R. Grace & Co. — Mon, 12 Nov 2012 13:00:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) today announced the election of Jeffry N. Quinn to its Board of Directors. Quinn’s election increases the size of the Board to nine directors.

Mr. Quinn, 53, is Chairman and Chief Executive Officer of The Quinn Group LLC, a diversified holding company with investments in the industrial, active lifestyle, and entertainment sectors, and Quinpario Partners LLC, an investment and operating firm in the performance materials and specialty chemical sectors. Prior to forming The Quinn Group and Quinpario in July 2012, Mr, Quinn served as President and Chief Executive Officer of Solutia Inc., a global leader in specialty chemicals, since 2004 and also served as Chairman of the Board of Solutia since 2006. He held those positions until the sale of Solutia in July 2012 to Eastman Chemical Company. Prior to that, Quinn served as Chief Restructuring Officer, Senior Vice President and General Counsel at Solutia, Executive Vice President of Premcor, Inc. and Senior Vice President, General Counsel and Secretary of Arch Coal Inc. He holds both a Juris Doctor and a mining engineering degree from the University of Kentucky, and serves on the board of directors of Tronox Limited, one of the world's largest fully integrated producers of titanium ore and titanium dioxide, and MEMC Electronic Materials, Inc., a global leader in semiconductor and solar technology.

“With his deep knowledge and experience in the chemicals and materials businesses, Jeff is a perfect fit for our Board,” said Fred Festa, Grace’s Chairman and CEO. “We look forward to his contributions and guidance as we look to execute on our long-term strategic plans.”

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

Jeff Quinn Joins Grace’s Board of Directors

W. R. Grace & Co. — Mon, 12 Nov 2012 13:00:00 GMT

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

Grace Announces Conference Call to Review Chapter 11-Related Financial Matters

W. R. Grace & Co. — Thu, 08 Nov 2012 21:34:52 GMT

Please visit http://www.grace.com/Media/Documents/3078.pdf

Grace Announces Conference Call to Review Chapter 11-Related Financial Matters

W. R. Grace & Co. — Thu, 08 Nov 2012 21:30:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) today filed its Quarterly Report on Form 10-Q for the period ended September 30, 2012. The report updates disclosure on certain Chapter 11-related accounting matters. Grace will host a conference call and webcast on Friday, November 9, at 10:00 a.m. ET to further discuss these matters, including the accounting, exit financing and tax implications of the recently announced warrant cash settlement agreement. A question and answer session will follow the prepared remarks.

Access to the live webcast and the accompanying slides will be available through the Investor Relations section of the company’s web site, http://investor.grace.com. Those without access to the Internet can participate by dialing +1 800.591.6942 (U.S.) or +1 617.614.4909 (International). The participant passcode is 34831875. Investors are advised to dial into the call at least ten minutes early in order to register.

An audio replay will be available at 12:00 p.m. ET on November 9. The replay will be accessible by dialing +1 888.286.8010 (U.S.) or +1 617.801.6888 (International) and entering the participant passcode 29368191. The replay will be available for one week.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

Grace Reports Third Quarter 2012 Adjusted EPS of $1.04 and Narrows 2012 Earnings Outlook

W. R. Grace & Co. — Wed, 24 Oct 2012 11:00:00 GMT

Please visit http://www.grace.com/Media/Documents\3076.pdf

Grace Announces Additional Patent Notices of Allowance for Flash Chromatography Technology

W. R. Grace & Co. — Thu, 18 Oct 2012 13:04:03 GMT

Columbia, MD – October 18, 2012 - W. R. Grace & Co. (NYSE: GRA) announced today that the U.S. Patent and Trademark Office has granted three additional Notices of Allowance related to the company’s Reveleris® flash chromatography system. The benefits derived from these allowed claims enable streamlined purification of new chemical/biological entities for drug discovery.

These notices describe actively controlling the split flow, using chromaphoric solvents, and collecting fractions based on a wavelength range during flash chromatography. These techniques streamline purification of new chemical/biological entities during drug discovery by increasing recovery, improving reliability and simplifying instrument operation.

Grace previously announced receipt of a patent for the use of Evaporative Light Scattering Detection (ELSD) with flash chromatography, a key part of the Reveleris® flash chromatography system.

“These additional U.S. Patent Allowances further confirm our leadership in flash chromatography technology,” said Laurie Andriate, Vice-President/General Manager of Discovery Sciences, a product line of Grace Materials Technologies. “Our cutting-edge technology has advanced the capabilities of flash chromatography, resulting in cost savings and productivity enhancements for our customers.”

The award winning Reveleris® flash chromatography system and Grace’s innovative silica cartridges are used by most leading pharmaceutical companies in the world. Grace has combined its expertise as the world’s largest manufacturer of specialty silica gel with its pioneering ELSD know-how to optimize flash purification for a broad range of applications.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

Grace Announces Release Date for Third Quarter 2012 Results

W. R. Grace & Co. — Tue, 25 Sep 2012 12:00:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace & Co. (NYSE: GRA) announced today that it will release its third quarter 2012 financial results at 6:00 a.m. ET on Wednesday, October 24. A company-hosted conference call and webcast will follow at 11:00 a.m. ET that day.

During the call, Fred Festa, Chairman and Chief Executive Officer, and Hudson La Force, Senior Vice President and Chief Financial Officer, will discuss the third quarter results. A question and answer session with analysts will follow the prepared remarks.

Access to the live webcast and the accompanying slides will be available through the Investor Relations section of the company’s web site, http://investor.grace.com. Those without access to the Internet can participate by dialing +1 866.730.5766 (U.S.) or +1 857.350.1590 (International). The participant passcode is 84018437. Investors are advised to dial into the call at least ten minutes early in order to register.

An audio replay will be available at 1:00 p.m. ET on October 24. The replay will be accessible by dialing +1 888.286.8010 (U.S.) or +1 617.801.6888 (International) and entering the participant passcode 14454327. The replay will be available for one week.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

Grace to Present at Credit Suisse Conference

W. R. Grace & Co. — Tue, 04 Sep 2012 21:30:29 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Sep. 4, 2012-- W. R. Grace & Co. (NYSE: GRA) announced today that Hudson La Force, the company’s Senior Vice President and Chief Financial Officer, is scheduled to present at the Credit Suisse Annual Chemical and Ag Science Conference in New York City on Wednesday, September 12.

Scheduled to begin at 8:00 a.m. ET, the presentation will be simultaneously webcast and posted on the company’s website. To listen to the audio webcast or to view the presentation slides, go to www.grace.com and click on the webcast link in the Investor Information section. A replay of the webcast will be available until December 12, 2012.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging materials; and, specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—provide innovative products, technologies and services that enhance the quality of life. Grace employs approximately 6,000 people in over 40 countries and had 2011 net sales of $3.2 billion. More information about Grace is available at www.grace.com.

Source: W. R. Grace & Co.

W. R. Grace & Co.
Media Relations
Greg Euston, +1 404-775-0285
greg@mcgraweuston.com
or
Investor Relations
Mark Sutherland, +1 410-531-4590
mark.sutherland@grace.com