Grace Materials Technologies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

COLUMBIA, Md., June 01, 2021 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE: GRA) today announced the completion of its acquisition of the Fine Chemistry Services business (“FCS”) of Albemarle Corporation (NYSE: ALB) for approximately $570 million, including $300 million paid in cash and $270 million funded through the issuance to Albemarle of non-participating preferred equity of a newly created Grace subsidiary. “This investment represents an important step forward in Grace’s growth strategy. FCS brings compelling innovation and manufacturing capabilities to our...

Article by Amanda Doyle SPECIALITY chemicals company Grace has completed the expansion of its manufacturing plant in Kuantan, Malaysia. Grace has had a facility in Kuantan since 1996 and this is the fourth expansion. Grace manufactures different types of micronised amorphous silica which can be used in a range of industries. Its TRISYL silica can purify biodiesel, biofuel, and edible oil; DARACLAR is used for stabilisation and selective adsorption of haze-forming proteins in beverages; SYLOID is used for matting furniture, coils, textile, and leather; and SYLOBLOC is an anti-blocking solu...

Specialty chemicals and materials firm W.R. Grace & Co. has completed an expansion project at its specialty silica solutions manufacturing plant in Kuantan, Malaysia, the firm announce din a release Thursday.  “The Kuantan expansion is part of our ongoing commitment to support sustained market strength and global customer demand,” Sandra Wisniewski, president of Grace Materials Technologies, said in a statement. “With the expansion of our Worms, Germany facility in June 2020, Grace continues to showcase our customer commitment in both EMEA and Asia Pacific, and I am confident that we...

The company said the project was initiated in response to increased demand for its silica gel products.