| Business Summary | | W.
R.
Grace
&
Co.
(Grace),
through
its
subsidiaries,
is
a
worldwide
specialty
chemicals
company.
Grace
primarily
operates
in
the
two
business
segments
of
Davison
Chemicals
and
Performance
Chemicals.
Davison
Chemicals
manufactures
catalysts
and
silica-based
products.
Performance
Chemicals
produces
specialty
construction
chemicals,
specialty
building
materials
and
container
and
closure
sealants.
W.
R.
Grace
&
Co.
and
61
of
its
United
States
subsidiaries
and
affiliates
filed,
in
April
2001,
voluntary
petitions
for
reorganization
under
Chapter
11
of
the
United
States
Bankruptcy
Code
in
United
States
Bankruptcy
Court
for
the
District
of
Delaware. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GRA
is
a
specialty
chemicals
company
consisting
of
catalyst
and
silica-based
products,
specialty
construction
chemicals
and
building
materials,
and
container
products.
For
the
six
months
ended
6/30/01,
revenues
rose
7%
to
$871.1
million.
Net
income
decreased
36%
to
$37.6
million.
Revenues
reflect
increased
sales
in
Europe
and
Asia
due
to
hydroprocessing
volume
gains.
Net
income
was
offset
by
higher
raw
material
costs
and
natural
gas
prices. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Paul Norris, 53 Chairman,
Pres and CEO | $1.4M | Robert Tarola, 50 CFO,
Sr. VP | 526K | David Siegel, 52 Sr.
VP and Gen. Counsel | 530K | Robert Bettacchi, 58 Sr.
VP | 602K | W. Brian McGowan, 51 Sr.
VP | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|