Talk:W. R. Grace and Company

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Assistance with Updating Company Information[edit]

Hello,

I work with the Communications group at W. R. Grace & Co. The company has recently experienced some significant changes which should be reflected in Wikipedia.

PART I. Under Intro Paragraph: W.R. Grace & Co. is a global, Columbia, Maryland, USA–based specialty chemical and materials public company. Grace is divided into two business segments—Grace Catalysts Technologies and Grace Materials Technologies Grace employs approximately 3,400 employees in nearly 30 countries[1] The company's stock, listed in 1953, trades on the New York Stock Exchange under the symbol GRA.[2]


Under "Segments and products"

On February 5, 2016, Grace announced plans to separate its business in order to improve its strategic focus, simplify its operating structure, and allow for more efficient capital allocation. On February 3, 2016, Grace separated into two publicly-traded companies; W. R. Grace & Co. (NYSE:GRA), and GCP Applied Technologies Inc. (NYSE:GCP). Grace continues to operate its Catalysts Technologies segment and its Materials Technologies segment, excluding its Darex Packaging Technologies business and remains headquartered in Columbia. GCP Applied Technologies (GCP) includes the Grace Construction Products segment and the Darex Packaging Technologies business and is headquartered in Cambridge, MA.

Segments and some of their products include: • Grace Catalysts Technologies [26] oRefining Catalysts oSpecialty Catalysts including polyolefin catalysts oHydroprocessing Catalysts (marketed under Advanced Refining Technologies, Grace’s Joint Venture with Chevron)

• Grace Materials Technologies [27] oEngineered Products, including a variety of silica-based products for consumer products ingredients and processing aids, and for industrial additives and processing aids oDiscovery Sciences, including fine chemicals and pharmaceutical manufacturing, as well as custom intermediates, excipients, and chromatography media


[1] [2]


PART II. There have been updates to our asbestos settlement standing. We would like to propose the following updates within the existing text:

"Contamination Incidents and Bankruptcy

W.R. Grace & Co. has been involved in a number of controversial incidents of proven and alleged corporate crimes, including exposing workers and residents of an entire town to asbestos contamination in Libby[32] and Troy, Montana, water contamination (the basis of the book and film A Civil Action) in Woburn, Massachusetts, and an Acton, Massachusetts, Superfund site. These actions led to the company’s decision to file for Chapter 11 bankruptcy.

Asbestos

While Grace no longer makes asbestos-related products, W.R. Grace & Co. has faced more than 270,000 asbestos-related lawsuits stemming largely from chrysotile asbestos that Grace commercially purchased and added to some of its fire protection and plaster products.[33]

After asbestos injury claims unexpectedly nearly doubled in 2000, W.R. Grace & Company filed for bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware on April 2, 2001 to resolve the thousands of asbestos-related claims. During the course of the bankruptcy, the company was subject to the jurisdiction of the U.S. Bankruptcy Court. All transactions outside the ordinary course of business were subject to approval by the court. With the support of the court, the equity committee, and the creditors committees, the company continued to grow, invest, and develop its global business operations.

Separately, the United States Department of Justice alleged that Grace had transferred 4 to 5 billion dollars to daughter companies that it had recently purchased, shortly before declaring bankruptcy. Justice Department attorneys alleged that this amounted to a fraudulent transfer of money in order to protect Grace from civil suits related to asbestos. The bankruptcy court ordered the companies to return nearly $1 billion to Grace, which remained as part of the assets considered in the bankruptcy hearings.

Asbestos Claims Settlement Reached in 2008; Independent Trusts Created

In 2008, Grace reached a settlement of the personal injury claims with the Official Committee of Asbestos Personal Injury Claimants, the Future Claimants Representative, and the Official Committee of Equity Security Holders.

On September 19, 2008, Grace, with the other parties to the settlement now co-proponents, filed a Joint Plan of Reorganization, later amended, with the Bankruptcy Court, reflecting the terms of the settlement. Under the Joint Plan, all pending and future asbestos-related claims are channeled to two independent trusts established to compensate asbestos personal injury claimants and property owners. The Joint Plan also directed all allowed claims of non-asbestos creditors to be paid in full on the date of Grace’s emergence from Chapter 11.

On January 31, 2011, the Bankruptcy Court confirmed the Joint Plan and overruled all outstanding objections in favor of Grace and its co-proponents.

The Joint Plan next was considered for confirmation by the United States District Court for the District of Delaware. On January 31, 2012, the District Court denied all appeals and issued an order affirming the Joint Plan, which was reaffirmed on June 11, 2012 following a motion for reconsideration. By late 2013, all appeals of the Plan’s confirmation were resolved in Grace’s favor by the Third Circuit Court of Appeals or by mutual consent.

On February 3, 2014, the Joint Plan of Reorganization became effective, ending the Chapter 11 bankruptcy."

[3]

Baltimore Business Journal: [4]


PART III. Accurate Grace corporate name, logo, and imagery.

All references to W. R. Grace should be changed to W. R. Grace & Co., which is the legal name of the company. [5]

W. R. Grace & Co. has a new logo and tagline. [6]

The image and description of an aluminum wheel (W.R. Grace & Co. 13 spoke 15"x8.5" aluminum wheel, OEM, 1978 Chevrolet K5 Blazer Cheyenne ) is not representative of Grace's core business now or in the past. Suggest deleting this.


12.159.169.4 (talk) 18:11, 15 June 2016 (UTC)Shelly DeButts, Senior Writer, Specialist, W. R. Grace & Co. shelly.debutts@grace.com

External links modified[edit]

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Requested Changes to the Wikipedia Page for W. R. Grace & Co.[edit]

Hello, I am an employee in the Communications group at W. R. Grace & Co. We appreciate how difficult it must be to keep company information current, and while there is much that has changed, we ask that you address the most important inaccurate statements on the Wikipedia page for Grace.

As you are able, we ask that you make the following changes, (based primarily on public filings with the United States Securities and Exchange Commission referenced at the end.)

Company name and description

1. The name of the company is “W. R. Grace & Co.” (not “W.R. Grace and Company”) and Grace is no longer a “conglomerate[7]” (“two or more companies engaged in entirely different businesses”) as it was under the leadership of J. Peter Grace many years ago.

In the first paragraph, may we suggest:

W. R. Grace & Co. is an international specialty chemicals and materials company based in Columbia, Maryland. Grace is divided into three operating segments—Refining Technologies, Specialty Chemicals, and Materials Technologies. The company spun off its construction products and packaging business (to form an independent public company, GCP Applied Technologies Inc.) in 2016. Grace has approximately 3,700 employees in nearly 30 countries with customers in approximately 60 countries. Annual sales are more than US $ 2 billion. The company’s stock, listed in 1953, trades on the New York Stock Exchange (NYSE:GRA).


2. Because the company spun off its construction and packaging business in 2016, please delete the last three bullets under “Subsidiaries and products:”

  • “Grace Construction Products

-concrete admixtures, fibers, and grinding aids -concrete pigments -air and vapor barriers -fireproofing materials -bituminous, structural, waterproofing membranes (such as Roofing Underlayments and waterproofing materials)

  • Darex

-coatings, closures and sealants for soft drink cans and canned foods

  • Residential Building Materials

-roofing membranes and flashings for windows, doors, decks and roof detail areas”


3. Change the content under “Subsidiaries and products” to read:

Grace’s three operating segments—Refining Technologies, Specialty Catalysts, and Materials Technologies—are grouped within the company’s two financial reporting segments, which, along with their products include:

  • Grace Catalysts Technologies

-Refining Technologies including FCC catalysts and hydroprocessing catalysts -Specialty Catalysts, including polypropylene and polyethylene catalysts and process technology licensing

  • Grace Materials Technologies including silica and fine chemicals for pharmaceutical products.


Logo with tagline and other company name references

4. Please correct the legal name of the company used throughout the wiki page – it should be “W. R. Grace & Co.” (or on second reference: “Grace”). In 2014, the company updated its tagline to: Talent, Technology, Trust™ An updated logo with tagline is found here: https://grace.com/en-us/newsroom/logo-and-images


References: Confirmation of all of the above changes can be found in the company’s 2016 and 2017 FORM 10-K Annual Reports filed with the United States Securities and Exchange Commission and posted on the company’s website.

 W. R. Grace & Co. 2016 FORM 10-K - http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=112313&fid=14230561 
 W. R. Grace & Co. 2017 FORM 10-K - http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=112313&fid=15471333

W. R. Grace Wikipedia page is very outdated[edit]

Hello,

I work in the Communications department of W. R. Grace & Co. A lot of the information listed here is outdated. For example, we have a new CEO, Hudson La Force. Other outdated information can be found in the previous submissions posted on this talk page. I recognize that as an employee I am someone who has a conflict of interest, but can I make the edits myself on the page? What would be an efficient way for important changes to be captured, many of which can be referenced by SEC.gov?

Thank you, Mark Nebesky (mark.nebesky@grace.com) Digital Media Manager — Preceding unsigned comment added by 65.207.73.130 (talk) 21:57, 12 December 2018 (UTC)

Outdated Information for W. R. Grace & Co.[edit]


Hello Wikipedia,

I am someone with a Conflict of Interest (COI) and I am starting a new section in Talk to hopefully simplify my request that Wikipedia correct important facts about W. R. Grace & Co.

Extended content

Each of the following short edits are supported by filings with the United States Securities and Exchange Commission (sec.gov) linked to below. I tried to follow your request edit template (https://en.wikipedia.org/wiki/Template:Request_edit)

Please consider five edits relating to matters of fact: 1) Description of the company 2) New CEO, 3) Proper legal name, 4) Current logo, and 5) Current business segments


Edit 1 (In the first line of description)

Information to be added or removed: In the first line of description, change “W. R. Grace and Company is an American chemical conglomerate...” with: “W. R. Grace & Co. is an global specialty chemicals company...”

Explanation: In the first decade of this century, Grace sold off holdings in all non-chemical business segments and vastly reduced its portfolio of businesses to focus on specialty chemicals.

References and supporting change: Wall Street Journal, Feb. 11, 2015 https://www.wsj.com/articles/w-r-grace-the-end-of-an-empire-1423701744

Sec.gov 10-K filing (Feb. 22, 2018) http://investor.grace.com/node/15686/html


Edit 2 (In the call-out box on the right)

Information to be added or removed: Replace “Alfred Festa, Chairman & CEO” with “Hudson La Force, President and Chief Executive Officer”

Explanation: Festa retired and was succeeded by Hudson La Force on November 8, 2018.

References supporting change: sec.gov 8-K filing (Nov. 8, 2018): https://www.sec.gov/Archives/edgar/data/1045309/000104530918000113/november20185028-k.htm

Seeking Alpha: https://seekingalpha.com/news/3407728-w-r-grace-selects-la-force-new-president-ceo

Edit 3 (All referencs)

Information to be added or removed: Replace all instances of “W. R. Grace and Company” with “W. R. Grace & Co.”

Explanation of issue: This is the proper legal name for the company.

References supporting change: sec.gov most recent 10-Q filing (Sept. 30, 2018): https://www.sec.gov/Archives/edgar/data/1045309/000104530918000111/a3q18form10-q.htm
Baltimore Sun (first sentence): https://www.baltimoresun.com/news/maryland/howard/columbia/ph-ho-cf-grace-1106-20141031-story.html

Edit 4 (In the call-out box on the right)

Information to be added or removed: Replace the logo with tagline “Enriching Lives Everywhere” with the following: https://grace.com/en-us/newsroom/PublishingImages/Grace-logo-with-tag-COLOR.jpg

Explanation of issue: Grace updated the logo/tagline six years ago.

References supporting change: https://grace.com/en-us/newsroom/logo-and-images


Edit 5 (Under Subsidiaries and products)

Information to be added or removed: Replace the bullet “industrial catalysts, such as Raney nickel” with the following:

• “Refining Catalysts including FCC and hydroprocessing catalysts (marketed under ART Hydroprocessing™, Grace’s Joint Venture with Chevron); and Specialty Catalysts including polyolefin catalysts and UNIPOL PP Process Technology”

---

Replace the bullet “silica products” with the following:

• “Various silica-based products for consumer products ingredients and processing aids, and for industrial additives and processing aids; fine chemicals and pharmaceutical manufacturing, as well as custom intermediates, excipients, and chromatography media”

---

Remove “Grace Construction Products” (and sub-bullets),

Remove “Darex” (and sub-bullet)

Remove “Residential Building Materials” (and sub-bullet)

Explanation of issue: As is noted on the article page under History (last sentence) W. R. Grace & Co. is no longer in the construction products business. Our current three lines of businesses are described in the updated text above.

References supporting change: sec.gov most recent 10-Q filing (Sept. 30, 2018): https://www.sec.gov/Archives/edgar/data/1045309/000104530918000111/a3q18form10-q.htm

Yahoo Finance: https://finance.yahoo.com/quote/GRA/profile?p=GRA

References

  1. ^ SEC Filing: GRA 10-K https://www.sec.gov/Archives/edgar/data/1045309/000104530916000163/gra-201510xk.htm
  2. ^ SEC Filing: GRA 8-K https://www.sec.gov/Archives/edgar/data/1045309/000104530916000125/gra0127168-k.htm
  3. ^ Washington Post Article: https://www.washingtonpost.com/business/capitalbusiness/wr-grace-emerges-from-chapter-11-bankruptcy-after-more-than-12-years/2014/02/04/0f0adc82-8dba-11e3-95dd-36ff657a4dae_story.html
  4. ^ http://www.bizjournals.com/baltimore/news/2015/02/11/w-r-grace-makes-490m-final-payment-to-asbestos.html
  5. ^ SEC Filing: 10-K https://www.sec.gov/Archives/edgar/data/1045309/000104530916000163/gra-201510xk.htm
  6. ^ https://grace.com/en-us/newsroom/logo-and-images
  7. ^ "Wikipedia_Conglomerate". Wikipedia. Wikipedia.

Thank you, Mark Nebesky - Digital Media Manager, W. R. Grace & Co. — Preceding unsigned comment added by 65.207.73.130 (talk) 22:08, 8 January 2019 (UTC)

Reply 09-JAN-2019[edit]

Breezeicons-emblems-8-emblem-unavailable.svg  Unable to review edit request  
Your edit request could not be reviewed because the provided references are not formatted correctly. The citation style predominantly used by the W.R. Grace and Company article (>51%) is Citation Style 1 (CS1). The citation style used in the edit request consists of bare URL's.[a] Any requested edit of yours which may be implemented will need to resemble the current style already in use in the article – in this case, CS1. (See WP:CITEVAR.) In the extended section below titled Citation style, I have illustrated two examples: one showing how the edit request was submitted, and another showing how requests should be submitted in the future:

Citation style
Plain Reference Style Formatting:

The Sun's diameter is 864,337.3 miles, while the Moon's diameter is 2,159 miles. The Sun's temperature is 5,778 degrees Kelvin.

References


1. https://www.booksource.com
2. http://www.journalsource.com
3. http://www.websource.com

In the example above there are three URL's provided with the claim statements, but these URL's have not been placed using Citation Style 1, which is the style predominantly used by the W.R. Grace and Company article. Using this style, the WikiFormatted text would resemble the following:

Citation Style 1 Formatting:

The Sun's diameter is 864,337.3 miles,<ref>{{cite book|last1=Sjöblad|first1=Tristan|title=The Sun|url=http://www.booksource.com|publisher=Academic Press|date=2018|page=1}}</ref> while the Moon's diameter is 2,159 miles.<ref>{{cite journal|last1=Duvalier|first1=Gabrielle|title=Size of the Moon|journal=Scientific American|issue=78|volume=51|url=http://www.journalsource.com|date=2018|page=46}}</ref> The Sun's temperature is 5,778 degrees Kelvin.<ref>{{cite web|last1=Uemura|first1=Shu|title=The Sun's Heat|url=http://www.websource.com|publisher=Academic Press|date=2018|page=2}}</ref>

Displays as:

The Sun's diameter is 864,337.3 miles,[1] while the Moon's diameter is 2,159 miles.[2] The Sun's temperature is 5,778 degrees Kelvin.[3]

References


  1. ^ Sjöblad, Tristan. The Sun. Academic Press, 2018, p. 1.
  2. ^ Duvalier, Gabrielle. "Size of the Moon", Scientific American, 51(78):46.
  3. ^ Uemura, Shū. The Sun's Heat. Academic Press, 2018, p. 2.

In the example above the references have been formatted according to Citation Style 1, which shows the author, the source's name, date, etc., all information which is lost when only the links are provided. As Wikipedia is a volunteer project, larger edit requests such yours are generally expected to have this formatting done before the request is submitted for review.

Kindly rewrite your edit request so that it aligns more with the second example shown in the collapsed section above. Also, the COI editor is reminded of the need to complete WP:COIDISCLOSE in the manner usually done on these pages, that is, to place the {{connected contributor (paid)}} template on the talk page. Feel free to re-submit that edit request at your earliest convenience. If you have any questions about this formatting please don't hesitate to ask myself or another editor. Regards,  Spintendo  03:14, 10 January 2019 (UTC)

Notes

  1. ^ The use of bare URLs as references is a style which is acceptable for use in Wikipedia. However, general practice dictates that the style already in use for an article be the one that is subsequently used for all future additions unless changed by editorial consensus.[1]

References

  1. ^ "WP:CITEVAR - Wikipedia:Citing sources". Wikipedia. 20 October 2018. Retrieved 22 October 2018. It is normal practice to defer to the style used by the first major contributor or adopted by the consensus of editors already working on the page, unless a change in consensus has been achieved. If the article you are editing is already using a particular citation style, you should follow it.

Outdated Information for W. R. Grace & Co. (Resubmitting)[edit]


Hello Wikipedia,

I am resubmitting with the hope I got provided references formatting correct. Apologies for not doing that properly before.

I am someone with a Conflict of Interest (COI) and I am starting a new section in Talk to hopefully simplify my request that Wikipedia correct important facts about W. R. Grace & Co. Each of the following short edits are supported by filings with the United States Securities and Exchange Commission (sec.gov) linked to below. I tried to follow your request edit template.

Extended content

Please consider five edits relating to matters of fact: 1) Description of the company 2) New CEO, 3) Proper legal name, 4) Current logo, and 5) Current business segments


Edit 1 (In the first line of description)

Information to be added or removed: In the first line of description, change “W. R. Grace and Company is an American chemical conglomerate...” with: “W. R. Grace & Co. is an global specialty chemicals company...”[1]

Explanation: In the first decade of this century, Grace sold off holdings in all non-chemical business segments and vastly reduced its portfolio of businesses to focus on specialty chemicals.

Edit 2 (In the call-out box on the right)

Information to be added or removed: Replace “Alfred Festa, Chairman & CEO” with “Hudson La Force, President and Chief Executive Officer”[2]

Explanation: Festa retired and was succeeded by Hudson La Force on November 8, 2018.

Edit 3 (All references)

Information to be added or removed: Replace all instances of “W. R. Grace and Company” with “W. R. Grace & Co.”[3]
Explanation of issue: This is the proper legal name for the company.

Edit 4 (In the call-out box on the right)

Information to be added or removed: Replace the logo with tagline “Enriching Lives Everywhere” with the following: https://grace.com/en-us/newsroom/PublishingImages/Grace-logo-with-tag-COLOR.jpg

Explanation of issue: Grace updated the logo/tagline six years ago.[4]

Edit 5 (Under Subsidiaries and products)

Information to be added or removed: Replace the bullet “industrial catalysts, such as Raney nickel” with the following:

• “Refining Catalysts including FCC and hydroprocessing catalysts (marketed under ART Hydroprocessing™, Grace’s Joint Venture with Chevron); and Specialty Catalysts including polyolefin catalysts and UNIPOL PP Process Technology”[5]

---

Replace the bullet “silica products” with the following:

• “Various silica-based products for consumer products ingredients and processing aids, and for industrial additives and processing aids; fine chemicals and pharmaceutical manufacturing, as well as custom intermediates, excipients, and chromatography media”

---

Remove “Grace Construction Products” (and sub-bullets),

Remove “Darex” (and sub-bullet)

Remove “Residential Building Materials” (and sub-bullet)

Explanation of issue: As is noted on the article page under History (last sentence) W. R. Grace & Co. is no longer in the construction products business. Our current three lines of businesses are described in the updated text above.

References

  1. ^ Hagerty, James (February 11, 2015). "W.R. Grace: The End of an Empire". The Wall Street Journal. p. 1.
  2. ^ Surran, Carl (November 8, 2018). "W.R. Grace selects La Force as new President and CEO". Seeking Alpha. p. 1.
  3. ^ "W. R. Grace & Co. Form 10-Q". United States Securities and Exchange Commission. September 30, 2018. p. 1.
  4. ^ "grace.com". W. R. Grace & Co. p. 1.
  5. ^ "Yahoo! Finance Stock Summary Page (GRA)". Yahoo! Finance. p. 1.

65.207.73.130 (talk) 17:53, 10 January 2019 (UTC)

Reply 10-JAN-2019[edit]

Below you will see where proposals from your request have been quoted with reviewer decisions and feedback inserted underneath, either accepting, declining or otherwise commenting upon your proposal(s). Please read the enclosed notes within the proposal review section below for information on each request. Also note that for future reference, COI edit requests from this anonymous IP will not be accepted without a detailed COI disclosure made indicating who is paying the contributor.  Spintendo  04:13, 11 January 2019 (UTC)

Proposal review 10-JAN-2019
W. R. Grace & Co. is an [sic] global specialty chemicals company.

Nuvola apps important orange.svgClarification needed.[note 1]


Hudson La Force, President and Chief Executive Officer
 Approved.Cite error: There are <ref> tags on this page without content in them (see the help page).


Replace all instances of W. R. Grace and Company with W. R. Grace & Co.
 Unable to implement.[note 2]


Replace the logo with tagline "Enriching Lives Everywhere" with the following
 Unable to implement.[note 3]


Refining Catalysts including FCC and hydroprocessing catalysts (marketed under ART Hydroprocessing, Grace’s Joint Venture with Chevron); and Specialty Catalysts including polyolefin catalysts and UNIPOL PP Process Technology
Nuvola apps important orange.svgClarification needed.[note 4]


Various silica-based products for consumer products ingredients and processing aids, and for industrial additives and processing aids; fine chemicals and pharmaceutical manufacturing, as well as custom intermediates, excipients, and chromatography media
 Declined.[note 5]


Remove "Grace Construction Products" (and sub-bullets), Remove "Darex" (and sub-bullet) Remove "Residential Building Materials" (and sub-bullet)
 Declined.[note 6]


___________

  1. ^ This part of the edit request proposal requires clarification because the source, which is behind a pay wall, is a review of the reference rather than the actual reference itself. Please provide the page number from the published source.
  2. ^ This portion of your request could not be implemented because only the instances of the name as it is shown within the article can be changed. Requests to change the name of the article itself must go through a separate process, thus "all instances" of the name cannot all be changed. See WP:RMCM.
  3. ^ This portion of your request could not be implemented because the file must be uploaded to Wikipedia before it can be applied at the edit request stage. See File Upload Wizard.
  4. ^ This part of the edit request proposal requires clarification because the descriptions of these products do not expalin what they are. Please provide enhanced explantions along with references from reliable secondary sources. See WP:SECONDARY.
  5. ^ This part of the edit request proposal was declined because the claims are unreferenced. See WP:V.
  6. ^ Items which are no longer current ought not be deleted outright simply because they are no longer current. The language surrounding the items ought to be updated to reflect their past nature.