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Home > Company Index > Chemicals > Diversified Chemicals > W. R. Grace & Co.

W. R. Grace & Co.
NYSE: GRA
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 NEWS FROM THE WIRES
Halliburton seen weathering asbestos claims
Aug 10 2001 12:36 PM PDT

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Jul 26 2001 03:17 PM PDT

Federal-Mogul restricts own shares in pension plan
Jul 25 2001 04:28 PM PDT

Tokyo Stocks - Factors to watch - July 26
Jul 25 2001 04:28 PM PDT

More WIRE STORIES about this company

 PROFILE
W. R. Grace & Co. has embraced Thoreau's call to simplify. After restructuring from six product groups into two major segments, the company has filed for bankruptcy protection due to an unexpected increase in asbestos litigation (injury claims nearly doubled in 2000), although the company no longer makes such products. Each business segment accounts for about half of sales. Its performance chemicals segment makes construction chemicals, container products, and building materials. Its Davison Chemicals segment makes silica-based products, chemical catalysts, and refining catalysts that help produce refined products from crude oil. Grace's customers include chemicals companies, oil refiners, and construction firms.

 COMPETITION
BASF Aktiengesellschaft (BF)
E. I. du Pont de Nemours and Company (DD)
Engelhard Corporation (EC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,597.40
1-Yr. Sales Growth: 8.5%
Employees: 6,300
Revenue per employee: $253,555.56

 KEY PEOPLE
• Paul J. Norris
    CEO
• Robert M. Tarola
    CFO

 CONTACT INFO
7500 Grace Drive
Columbia, MD 21044
US
Phone: 410-531-4000
Fax: 410-531-4367
Online: Web Site

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