Parent company maps Grace Construction Products’ independent future

Directors have approved a plan to separate Columbia, Md.-based W.R. Grace & Co. into two independent, publicly traded companies, each with interim designations: New GCP, spanning concrete admixtures- and cement additives-anchored Grace Construction Products, and New Grace, comprised of petroleum and chemical processing-driven Catalysts and Materials Technologies.

 
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Parent company maps Grace Construction Products’ independent future

Sources: W.R. Grace & Co., Columbia, Md., CP Staff

Directors have approved a plan to separate Grace into two independent, publicly traded companies, each with interim designations: New GCP, spanning concrete admixtures- and cement additives-anchored Grace Construction Products, and New Grace, comprised of petroleum and chemical processing-driven Catalysts and Materials Technologies.

 
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