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GRACE W R CO NEW, (GRA) Stock Research Free Stock Rating
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W. R. Grace & Co. provides specialty chemicals and materials worldwide. It operates through two segments, Davison Chemicals and Performance Chemicals. The Davison Chemicals segment manufactures catalysts and silica-based products. Its catalysts include fluid cracking catalysts and additives used in petroleum refineries to convert distilled crude oil into transportation fuels and other petroleum-based products; hydroprocessing catalysts that upgrade heavy oils and remove certain impurities; and polyolefin catalysts and catalyst supports that are components used in the manufacture of high and linear low density polyethylene resins, and polypropylene resins. Davison Chemicals' silica gels, colloidal silicas, precipitated silicas, and zeolite adsorbents are used in industrial, consumer, biotechnology, and pharmaceutical segments, as well as in edible oil refining and petrochemical processes. The Performance Chemicals segment produces specialty construction chemicals, including concrete admixtures, cement additives, and additives for masonry products; specialty building materials, such as fireproofing and waterproofing materials and systems; and sealants and coatings for packaging that protect food and beverages from bacteria and other contaminants, extend shelf life, and preserve flavor. W. R. Grace & Co. was founded by William Russell Grace in 1854 and is headquartered in Columbia, Maryland. The company, and 61 of its United States subsidiaries and affiliates filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in April 2001. They operate as debtors-in-possession.
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