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Share this article Share this article CLEVELAND, April 28, 2021 /PRNewswire/ Standard Industries, a leading holding company with operations in the building construction, mining and aggregates, and property management industries, announced today that it was acquiring W.R. Grace, a leading supplier of specialty chemicals, for $7 billion. Subsequent to the completion of the transaction, which is expected to be completed in the fourth quarter of 2021, W.R. Grace will operate as a stand-alone company alongside other Standard Industries operations. According to Freedonia Group industry analyst Matt Zielenski, Standard Industries acquisition of W.R. Grace will allow the company to broaden its portfolio of businesses and position itself as a leading provider of catalysts and silica-based chemicals. These businesses are expected to see solid growth going forward. Demand for silica-based chemicals is also projected to increase, as changes wrought by the COVID-19 pandemic wi ....
06:30am EDT| David Millstone and David Winter, co-CEOs of Standard Industries, are working on a top-secret design for a new solar roof that they expect to launch within the year â a new, direct competitor to Teslaâs flashy one, for which there is a multi-year waitlist. For more than a year, researchers at their solar companyâs San Jose, California R&D center have been tinkering with the design. Their advantage: Their New York City-based company is the parent of the countryâs largest roofing manufacturer, and has already sold well over 2,000 solar roofs with an earlier iteration called Decotech. âWe have put more solar roofs out there than Elon Musk has,â Winter says, in a swipe at one of the worldâs richest people. Over the next decade, they hope to install millions of these new roofs helped by a price point designed for the masses and an army of certified installers. âIf you can crack rooftop solar that is functional, affordable and aes ....