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W R GRACE & CO

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2021 10-Q, filed Aug 2, 2021. Its latest SEC filing is a 15-12B from Oct 4, 2021.

The sections below describe the company as of the FY2020 annual report.

What Did They Do?

Makes catalysts and polypropylene process technology for plastics and chemicals manufacturers and oil refiners, plus specialty materials used in pharma/consumer, coatings, and chemical-process applications.

How Did They Make Money?

It mainly sells manufactured specialty chemicals and materials, with payment generally due 30 to 60 days after invoicing. It also licenses technology and typically invoices licensees when contractual milestones are reached.

revenue

Who Were Their Customers?

Refiners work with Grace to choose catalyst and additive formulations suited to local crude oils and their desired product mix.

Did Revenues Turn Into Profits?

No. It lost $1.8M in .

Net income,
0% of revenue
▼ Now a loss vs ($126.3M, 6%)

How Were They Changing?

Since the FY2020 annual report
Latest quarter: Q2 FY2021, the three months to Jun 30, 2021
Revenue
▲ +22%
vs $418.7M in Q2 FY2020
Net income
▲ Now profitable
vs −$7.3M in Q2 FY2020
Catalysts Technologies share of revenue vs 73.8% in Q2 FY2020
  • Sep 29, 2021 CFO William C. Dockman plans to retire
  • Sep 22, 2021 Merger closes, changing control of Grace Grace's charter and bylaws were amended and restated in connection with the merger.

Held flat. Revenue was $1.7B in , about the same as the $1.6B of .

Revenue over time
Grace Catalysts Technologies Grace Materials Technologies
$2B$1B$0

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