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Business

W.R. Grace Acquires Chinese Waterproofer

by Jean-François Tremblay
November 15, 2010 | A version of this story appeared in Volume 88, Issue 46

W.R. Grace has purchased Wuhan Meilixin New Building Materials, a Chinese manufacturer of waterproofing products. With headquarters in the central China city of Wuhan, Meilixin employs about 50 people. The company produces coatings, multilayer compound membranes, self-adhesive rubber membranes, and other waterproofing materials. Grace says it’s trying to boost its presence in emerging markets.

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