COLUMBIA, Md. - Wednesday, September 3rd 2014 [ME NewsWire]
(BUSINESS
WIRE)-- W. R. Grace & Co. (NYSE: GRA) announced today that
effective October 6, 2014, prices for silica-based and molecular sieve
products produced in its Engineered Materials business will increase 7
percent or as contracts allow. Affected will be prices for silica gel,
colloidal silica, precipitated silica, and adsorbent products, including
the SYLOID®, SHIELDEX®, SYLOWHITE®, SYLODENT®, SYLOBLOC®, DARACLAR®,
TRISYL®, LUDOX®, PERKASIL®, PHONOSORB®, SYLOBEAD®, and SYLOSIV® brands.
About Grace
Built
on talent, technology, and trust, Grace is a leading global supplier of
catalysts; engineered and packaging materials; and specialty
construction chemicals and building materials. The company’s three
industry-leading business segments—Grace Catalysts Technologies, Grace
Materials Technologies, and Grace Construction Products—provide
innovative products, technologies, and services that improve the
products and processes of our customer partners in over 150 countries
around the world. Grace employs approximately 6,500 people in over 40
countries and had 2013 net sales of $3.1 billion. More information about
Grace is available at grace.com.
This announcement contains
forward-looking statements, that is, information related to future, not
past, events. Such statements generally include the words “believes,”
“plans,” “intends,” “targets,” “will,” “expects,” “suggests,”
“anticipates,” “outlook,” “continues” or similar expressions.
Forward-looking statements include, without limitation, expected
financial positions; results of operations; cash flows; financing plans;
business strategy; operating plans; capital and other expenditures;
competitive positions; growth opportunities for existing products;
benefits from new technology and cost reduction initiatives, plans and
objectives; and markets for securities. For these statements, Grace
claims the protection of the safe harbor for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995. Like
other businesses, Grace is subject to risks and uncertainties that could
cause its actual results to differ materially from its projections or
that could cause other forward-looking statements to prove incorrect.
Factors that could cause actual results to materially differ from those
contained in the forward-looking statements include, without limitation:
risks related to foreign operations, especially in emerging regions,
including currency exchange rate changes, the cost and availability of
raw materials and energy, the effectiveness of its research and
development and growth investments, acquisitions and divestitures of
assets and gains and losses from dispositions, developments affecting
Grace's funded and unfunded pension obligations, its legal and
environmental proceedings, costs of compliance with environmental
regulation and those additional factors set forth in Grace's most recent
Annual Report on Form 10-K, quarterly report on Form 10-Q and current
reports on Form 8-K, which have been filed with the Securities and
Exchange Commission and are readily available on the Internet
atwww.sec.gov. Reported results should not be considered as an
indication of future performance. Readers are cautioned not to place
undue reliance on Grace's projections and forward-looking statements,
which speak only as the date thereof. Grace undertakes no obligation to
publicly release any revision to the projections and forward-looking
statements contained in this announcement, or to update them to reflect
events or circumstances occurring after the date of this announcement.
Contacts
W. R. Grace & Co.
Media Relations
Rich Badmington, +1 410.531.4370
rich.badmington@grace.com
Grace Materials Technologies
Laurie Andriate, +1 410.531.8785
penney.simmons@grace.com
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