Home | Business News | Browse by Publication | M | M2 Presswire

BWR Begins Tracking WR Grace & Co.

Publication: M2 Presswire
Publication Date: 30-NOV-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 November 2006-Large Cap News: BWR Begins Tracking WR Grace & Co.(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:30112006

BWR Begins Tracking WR Grace & Co. (NYSE:GRA)

W. R. Grace & Co. has embraced Thoreau's call to simplify. The company has restructured from six product groups into two major units, each accounting for about half of sales. Grace's Davison Chemicals unit makes silica-based products, chemical catalysts, and refining catalysts that help produce refined products from crude oil. Its Performance Chemicals unit makes concrete and cement additives, packaging sealants, and fireproofing chemicals. The company's customers include chemicals companies, oil refiners, and construction firms. Grace filed for bankruptcy protection in 2001 after an unexpected increase in asbestos litigation (injury claims nearly doubled in 2000); the company no longer makes such products.

Shares were up 5% after signing a Memorandum of Understanding with Maryland Center China, establishing a partnership.

BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio. Investors seeking the...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from M2 Presswire
Microbicides Featured in Nasdaq World AIDS Day Ceremony., November 30, 2006
Kewaunee Scientific Reports Results for the Second Quarter and Quarter..., November 30, 2006
Analysis of DSW Inc., November 30, 2006
Zila Transitions to Cancer Detection Company., November 30, 2006
Exploring the Future Trends of Top Tankers Inc., November 30, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.