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Background Information: Grace Construction Products

Overview Grace Construction Products is a worldwide leader in developing and marketing value-added specialty construction chemicals and specialty building materials for the construction industry. A key business unit of W. R. Grace & Co., Grace Construction Products has been serving the needs of the construction industry for more than half a century. Its concrete admixtures, cement additives, masonry products, waterproofing materials and fireproofing products meet critical performance standards. These products strengthen concrete, fight corrosion, prevent water damage and protect structural steel against collapse due to fire. Grace's quality building materials can be found in major construction projects around the globe, including the Getty Center in Los Angeles, the London Underground, Hong Kong's Bank of China Tower and the Guggenheim Museum Bilbao in Spain. Grace Construction Products, which is headquartered in Cambridge, Massachusetts, generates annual sales in excess of $450 million and operates more than 125 plants and sales offices around the world. Product Lines Fire Protection Products Grace's Monokote(R) spray-applied cementitious fireproofing products are recognized for superior in-place performance and protection for all types of commercial and industrial steel structures. When spray-applied to a building's steel structural frame, Monokote(R) fireproofing encases and insulates the steel and protects the building from structural failure in case of fire up to temperatures of more than 2,000 degrees Fahrenheit. Monokote Type MK-6(R) is the most widely used spray-applied fireproofing product in the world. Other Grace fireproofing products include Monokote Type Z-106 and Z-146 industrial fireproofing, which are cement-based products developed to protect steel in exposed areas where fireproofing can be damaged by abrasion, impact and weather. Grace's fireproofing products have been used in some of the world's major structures, including London's Canary Wharf and the world's tallest buildings -- the Petronas Twin Towers, in Kuala Lumpur City Centre, Malaysia. Other product lines include: * Concrete Products -- With a focus on improving the quality of concrete for more than 50 years, Grace Construction Products has pioneered the development of value-added admixtures that can significantly enhance the strength, durability and chloride resistance of concrete. Grace recently introduced Eclipse(TM) shrinkage-reducing admixture, a revolutionary new technology that combats curling and cracking in concrete due to drying shrinkage. * Waterproofing Systems -- Grace provides complete systems to waterproof all types of structures. Products include self-adhesive membranes and exclusive joint sealing materials, drainage composites and waterstops, and materials for roofs and bridge decking. Procor(TM) fluid-applied waterproofing system is a two-part, self-curing, solvent- and bitumen-free, rubber-based membrane. It is the company's latest waterproofing innovation. * Cement Additives -- Perhaps the most fundamental building material, cement is found in bridges, roads, commercial and industrial buildings and innumerable infrastructure projects. Grace developed the first chemical compounds for use in cement grinding to increase mill output and efficiency. With a focus on ongoing innovation and continuous improvement, Grace has introduced many other products, including high-performance grinding aids and quality improvers, to meet the cement industry's changing needs. * Masonry Products -- The Grace Masonry Products System provides protection on four levels: water protection, water collection, drainage and back-up. Together, these products provide superior protection and a solution to water and moisture problems in masonry construction. SOURCE Grace Construction Products

CONTACT: Jane McGuinness, W. R. Grace & Co., 561-362-1343