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News Article | May 23, 2017
Site: globenewswire.com

CAMBRIDGE, Mass., May 23, 2017 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE:GCP), a leading global provider of specialty construction products technologies, held a formal groundbreaking ceremony for the expansion of its manufacturing plant in Mt. Pleasant, Tennessee. The facility manufactures GCP’s industry leading PREPRUFE® and BITUTHENE® waterproofing systems, as well as its flagship product ICE & WATER SHIELD®. The expanded facility will feature a new state-of-the-art production line dedicated to manufacturing GCP’s range of waterproofing membranes. “Our investment in the Mt. Pleasant facility represents an exciting time for GCP as we increase production capacity to meet the growing demand for our products,” said Gregory E. Poling, GCP President and Chief Executive Officer. “We’re proud to continue to grow our company and expand our presence in North America, here in Mt. Pleasant, Tennessee.” GCP, formerly part of W.R. Grace, purchased the site in 2006. After significant investment in the site, it officially began operations in 2007. With 65 manufacturing and technical sites around the world, GCP’s products are used in countless structures around the globe, including many world-renowned landmarks. “This expansion will significantly boost on-site production of our PREPRUFE® PLUS waterproofing membrane which protects critical building infrastructure,” said Jim Rone, GCP’s North America Operations Manager for Specialty Building Materials. “This new product line enhances both the performance and sustainability for our moisture barrier solutions, providing greater ease of installation while generating less waste.” The new production line is scheduled for completion in April 2018. The expansion is part of GCP’s strategic growth plan to bring new, innovative products to the market. “GCP has been a great partner to Mount Pleasant, and we are grateful for its decision to expand and grow here,” said Jim Bailey, Mayor of Mount Pleasant. About GCP Applied Technologies GCP Applied Technologies is a leading global provider of products and technology solutions for customers in the specialty construction chemicals, specialty building materials, and packaging sealants and coatings industries. Our products help improve the performance of our customers’ products, increase productivity in their application or manufacturing processes, and meet the increasing regulatory requirements impacting their industry. GCP has approximately 3,000 employees on six continents, and serves customers in more than 110 countries. More information is available at www.gcpat.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, statements about the anticipated benefits from the transaction; 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. Like other businesses, GCP 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, or that could cause other forward-looking statements to prove incorrect, include, without limitation, the possibility that the expected strategic benefits or opportunities from the transaction may not be realized, or may take longer to realize than expected; risks related to: the cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; the cost and availability of raw materials and energy; the effectiveness of GCP’s research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCP’s outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCP’s funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; uncertainties related to GCP’s ability to realize the anticipated benefits of the spin-off /separation from W.R. Grace and the value of GCP’s common stock following the spin-off; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel following the spin-off; and hazardous materials and the costs of compliance with environmental regulation. These and other factors are identified and described in more detail in GCP's Annual Report on Form 10-K, which has been filed with the U.S. Securities and Exchange Commission and is available online at www.sec.gov. Readers are cautioned not to place undue reliance on GCP’s projections and forward-looking statements, which speak only as the date thereof. GCP 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.


News Article | May 23, 2017
Site: globenewswire.com

CAMBRIDGE, Mass., May 23, 2017 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE:GCP), a leading global provider of specialty construction products technologies, held a formal groundbreaking ceremony for the expansion of its manufacturing plant in Mt. Pleasant, Tennessee. The facility manufactures GCP’s industry leading PREPRUFE® and BITUTHENE® waterproofing systems, as well as its flagship product ICE & WATER SHIELD®. The expanded facility will feature a new state-of-the-art production line dedicated to manufacturing GCP’s range of waterproofing membranes. “Our investment in the Mt. Pleasant facility represents an exciting time for GCP as we increase production capacity to meet the growing demand for our products,” said Gregory E. Poling, GCP President and Chief Executive Officer. “We’re proud to continue to grow our company and expand our presence in North America, here in Mt. Pleasant, Tennessee.” GCP, formerly part of W.R. Grace, purchased the site in 2006. After significant investment in the site, it officially began operations in 2007. With 65 manufacturing and technical sites around the world, GCP’s products are used in countless structures around the globe, including many world-renowned landmarks. “This expansion will significantly boost on-site production of our PREPRUFE® PLUS waterproofing membrane which protects critical building infrastructure,” said Jim Rone, GCP’s North America Operations Manager for Specialty Building Materials. “This new product line enhances both the performance and sustainability for our moisture barrier solutions, providing greater ease of installation while generating less waste.” The new production line is scheduled for completion in April 2018. The expansion is part of GCP’s strategic growth plan to bring new, innovative products to the market. “GCP has been a great partner to Mount Pleasant, and we are grateful for its decision to expand and grow here,” said Jim Bailey, Mayor of Mount Pleasant. About GCP Applied Technologies GCP Applied Technologies is a leading global provider of products and technology solutions for customers in the specialty construction chemicals, specialty building materials, and packaging sealants and coatings industries. Our products help improve the performance of our customers’ products, increase productivity in their application or manufacturing processes, and meet the increasing regulatory requirements impacting their industry. GCP has approximately 3,000 employees on six continents, and serves customers in more than 110 countries. More information is available at www.gcpat.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, statements about the anticipated benefits from the transaction; 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. Like other businesses, GCP 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, or that could cause other forward-looking statements to prove incorrect, include, without limitation, the possibility that the expected strategic benefits or opportunities from the transaction may not be realized, or may take longer to realize than expected; risks related to: the cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; the cost and availability of raw materials and energy; the effectiveness of GCP’s research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCP’s outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCP’s funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; uncertainties related to GCP’s ability to realize the anticipated benefits of the spin-off /separation from W.R. Grace and the value of GCP’s common stock following the spin-off; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel following the spin-off; and hazardous materials and the costs of compliance with environmental regulation. These and other factors are identified and described in more detail in GCP's Annual Report on Form 10-K, which has been filed with the U.S. Securities and Exchange Commission and is available online at www.sec.gov. Readers are cautioned not to place undue reliance on GCP’s projections and forward-looking statements, which speak only as the date thereof. GCP 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.


News Article | May 8, 2017
Site: globenewswire.com

CAMBRIDGE, Mass., May 08, 2017 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE:GCP) announced today that it has signed a definitive agreement to acquire UK-based Stirling Lloyd, a supplier of high-performance liquid waterproofing and coatings products for $94 million. The company generates annual net sales of approximately $40 million. Stirling Lloyd is best known for its ELIMINATOR®, INTEGRITANK®, and DECSEAL® brands. These waterproofing membranes and coatings are used for the protection of infrastructure and buildings. The company’s products and customer relationships will offer GCP additional selling channels in targeting specialized end-market applications such as for bridges, tunnels, car parks, and for asphalt repair. “This acquisition expands our technology platform for infrastructure and repair/renovation, market segments that are growing at attractive rates,” said GCP President and Chief Executive Officer Gregory E. Poling. “Stirling Lloyd brings us complementary waterproofing systems; our global footprint will enable us to further increase penetration of these specialty products.” Poling added, “This acquisition represents a great opportunity for us. The Stirling Lloyd team has many years of experience developing and selling products that fit well with GCP’s liquid waterproofing and building envelope products. The combination of our cross-selling efforts will create many new opportunities to leverage GCP’s relationships with architects, specifiers, engineers, and contractors to accelerate adoption of each other’s products.” Stirling Lloyd’s headquarters and its manufacturing facility are located in the Manchester, UK area. The transaction is expected to close during the second quarter, and is subject to local regulatory approvals. About GCP Applied Technologies GCP Applied Technologies is a leading global provider of products and technology solutions for customers in the specialty construction chemicals, specialty building materials, and packaging sealants and coatings industries. Our products help improve the performance of our customers’ products, increase productivity in their application or manufacturing processes, and meet the increasing regulatory requirements impacting their industry. GCP has approximately 3,000 employees on six continents, and serves customers in more than 110 countries. More information is available at www.gcpat.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, statements about the proposed transaction and the anticipated timing thereof; 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. Like other businesses, GCP 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, or that could cause other forward-looking statements to prove incorrect, include, without limitation, the possibility that the transaction will not be completed, or if completed, not completed in the expected timeframe, and the expected strategic benefits or opportunities from the transaction may not be realized, or may take longer to realize than expected; risks related to: the cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; the cost and availability of raw materials and energy; the effectiveness of GCP’s research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCP’s outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCP’s funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; uncertainties related to GCP’s ability to realize the anticipated benefits of the spin-off /separation from W.R. Grace and the value of GCP’s common stock following the spin-off; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel following the spin-off; and hazardous materials and the costs of compliance with environmental regulation. These and other factors are identified and described in more detail in GCP's Annual Report on Form 10-K, which has been filed with the U.S. Securities and Exchange Commission and is available online at www.sec.gov. Readers are cautioned not to place undue reliance on GCP’s projections and forward-looking statements, which speak only as the date thereof. GCP 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.


News Article | May 8, 2017
Site: globenewswire.com

CAMBRIDGE, Mass., May 08, 2017 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE:GCP) announced today that it has signed a definitive agreement to acquire UK-based Stirling Lloyd, a supplier of high-performance liquid waterproofing and coatings products for $94 million. The company generates annual net sales of approximately $40 million. Stirling Lloyd is best known for its ELIMINATOR®, INTEGRITANK®, and DECSEAL® brands. These waterproofing membranes and coatings are used for the protection of infrastructure and buildings. The company’s products and customer relationships will offer GCP additional selling channels in targeting specialized end-market applications such as for bridges, tunnels, car parks, and for asphalt repair. “This acquisition expands our technology platform for infrastructure and repair/renovation, market segments that are growing at attractive rates,” said GCP President and Chief Executive Officer Gregory E. Poling. “Stirling Lloyd brings us complementary waterproofing systems; our global footprint will enable us to further increase penetration of these specialty products.” Poling added, “This acquisition represents a great opportunity for us. The Stirling Lloyd team has many years of experience developing and selling products that fit well with GCP’s liquid waterproofing and building envelope products. The combination of our cross-selling efforts will create many new opportunities to leverage GCP’s relationships with architects, specifiers, engineers, and contractors to accelerate adoption of each other’s products.” Stirling Lloyd’s headquarters and its manufacturing facility are located in the Manchester, UK area. The transaction is expected to close during the second quarter, and is subject to local regulatory approvals. About GCP Applied Technologies GCP Applied Technologies is a leading global provider of products and technology solutions for customers in the specialty construction chemicals, specialty building materials, and packaging sealants and coatings industries. Our products help improve the performance of our customers’ products, increase productivity in their application or manufacturing processes, and meet the increasing regulatory requirements impacting their industry. GCP has approximately 3,000 employees on six continents, and serves customers in more than 110 countries. More information is available at www.gcpat.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, statements about the proposed transaction and the anticipated timing thereof; 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. Like other businesses, GCP 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, or that could cause other forward-looking statements to prove incorrect, include, without limitation, the possibility that the transaction will not be completed, or if completed, not completed in the expected timeframe, and the expected strategic benefits or opportunities from the transaction may not be realized, or may take longer to realize than expected; risks related to: the cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; the cost and availability of raw materials and energy; the effectiveness of GCP’s research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCP’s outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCP’s funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; uncertainties related to GCP’s ability to realize the anticipated benefits of the spin-off /separation from W.R. Grace and the value of GCP’s common stock following the spin-off; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel following the spin-off; and hazardous materials and the costs of compliance with environmental regulation. These and other factors are identified and described in more detail in GCP's Annual Report on Form 10-K, which has been filed with the U.S. Securities and Exchange Commission and is available online at www.sec.gov. Readers are cautioned not to place undue reliance on GCP’s projections and forward-looking statements, which speak only as the date thereof. GCP 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.


News Article | May 8, 2017
Site: globenewswire.com

CAMBRIDGE, Mass., May 08, 2017 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE:GCP) announced today that it has signed a definitive agreement to acquire UK-based Stirling Lloyd, a supplier of high-performance liquid waterproofing and coatings products for $94 million. The company generates annual net sales of approximately $40 million. Stirling Lloyd is best known for its ELIMINATOR®, INTEGRITANK®, and DECSEAL® brands. These waterproofing membranes and coatings are used for the protection of infrastructure and buildings. The company’s products and customer relationships will offer GCP additional selling channels in targeting specialized end-market applications such as for bridges, tunnels, car parks, and for asphalt repair. “This acquisition expands our technology platform for infrastructure and repair/renovation, market segments that are growing at attractive rates,” said GCP President and Chief Executive Officer Gregory E. Poling. “Stirling Lloyd brings us complementary waterproofing systems; our global footprint will enable us to further increase penetration of these specialty products.” Poling added, “This acquisition represents a great opportunity for us. The Stirling Lloyd team has many years of experience developing and selling products that fit well with GCP’s liquid waterproofing and building envelope products. The combination of our cross-selling efforts will create many new opportunities to leverage GCP’s relationships with architects, specifiers, engineers, and contractors to accelerate adoption of each other’s products.” Stirling Lloyd’s headquarters and its manufacturing facility are located in the Manchester, UK area. The transaction is expected to close during the second quarter, and is subject to local regulatory approvals. About GCP Applied Technologies GCP Applied Technologies is a leading global provider of products and technology solutions for customers in the specialty construction chemicals, specialty building materials, and packaging sealants and coatings industries. Our products help improve the performance of our customers’ products, increase productivity in their application or manufacturing processes, and meet the increasing regulatory requirements impacting their industry. GCP has approximately 3,000 employees on six continents, and serves customers in more than 110 countries. More information is available at www.gcpat.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, statements about the proposed transaction and the anticipated timing thereof; 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. Like other businesses, GCP 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, or that could cause other forward-looking statements to prove incorrect, include, without limitation, the possibility that the transaction will not be completed, or if completed, not completed in the expected timeframe, and the expected strategic benefits or opportunities from the transaction may not be realized, or may take longer to realize than expected; risks related to: the cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; the cost and availability of raw materials and energy; the effectiveness of GCP’s research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCP’s outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCP’s funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; uncertainties related to GCP’s ability to realize the anticipated benefits of the spin-off /separation from W.R. Grace and the value of GCP’s common stock following the spin-off; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel following the spin-off; and hazardous materials and the costs of compliance with environmental regulation. These and other factors are identified and described in more detail in GCP's Annual Report on Form 10-K, which has been filed with the U.S. Securities and Exchange Commission and is available online at www.sec.gov. Readers are cautioned not to place undue reliance on GCP’s projections and forward-looking statements, which speak only as the date thereof. GCP 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.


News Article | May 8, 2017
Site: globenewswire.com

CAMBRIDGE, Mass., May 08, 2017 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE:GCP) announced today that it has signed a definitive agreement to acquire UK-based Stirling Lloyd, a supplier of high-performance liquid waterproofing and coatings products for $94 million. The company generates annual net sales of approximately $40 million. Stirling Lloyd is best known for its ELIMINATOR®, INTEGRITANK®, and DECSEAL® brands. These waterproofing membranes and coatings are used for the protection of infrastructure and buildings. The company’s products and customer relationships will offer GCP additional selling channels in targeting specialized end-market applications such as for bridges, tunnels, car parks, and for asphalt repair. “This acquisition expands our technology platform for infrastructure and repair/renovation, market segments that are growing at attractive rates,” said GCP President and Chief Executive Officer Gregory E. Poling. “Stirling Lloyd brings us complementary waterproofing systems; our global footprint will enable us to further increase penetration of these specialty products.” Poling added, “This acquisition represents a great opportunity for us. The Stirling Lloyd team has many years of experience developing and selling products that fit well with GCP’s liquid waterproofing and building envelope products. The combination of our cross-selling efforts will create many new opportunities to leverage GCP’s relationships with architects, specifiers, engineers, and contractors to accelerate adoption of each other’s products.” Stirling Lloyd’s headquarters and its manufacturing facility are located in the Manchester, UK area. The transaction is expected to close during the second quarter, and is subject to local regulatory approvals. About GCP Applied Technologies GCP Applied Technologies is a leading global provider of products and technology solutions for customers in the specialty construction chemicals, specialty building materials, and packaging sealants and coatings industries. Our products help improve the performance of our customers’ products, increase productivity in their application or manufacturing processes, and meet the increasing regulatory requirements impacting their industry. GCP has approximately 3,000 employees on six continents, and serves customers in more than 110 countries. More information is available at www.gcpat.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, statements about the proposed transaction and the anticipated timing thereof; 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. Like other businesses, GCP 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, or that could cause other forward-looking statements to prove incorrect, include, without limitation, the possibility that the transaction will not be completed, or if completed, not completed in the expected timeframe, and the expected strategic benefits or opportunities from the transaction may not be realized, or may take longer to realize than expected; risks related to: the cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; the cost and availability of raw materials and energy; the effectiveness of GCP’s research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCP’s outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCP’s funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; uncertainties related to GCP’s ability to realize the anticipated benefits of the spin-off /separation from W.R. Grace and the value of GCP’s common stock following the spin-off; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel following the spin-off; and hazardous materials and the costs of compliance with environmental regulation. These and other factors are identified and described in more detail in GCP's Annual Report on Form 10-K, which has been filed with the U.S. Securities and Exchange Commission and is available online at www.sec.gov. Readers are cautioned not to place undue reliance on GCP’s projections and forward-looking statements, which speak only as the date thereof. GCP 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.


Grace, a senior at Carmel High School, organized a one-day "street store" in Indianapolis last year that enabled more than 200 struggling families to obtain free, gently used clothing. A couple of winters ago, Grace watched as a homeless man tripped on his baggy pants and fell to the sidewalk. "No one helped him," she said. "I watched as his dog licked the tears off his face." That sad image stuck with Grace and prompted her to begin researching organizations that help the poor. She came across Street Store, an international project started in South Africa to give the homeless and people in need a dignified shopping experience. After obtaining instructions and materials from the organization, Grace went to work. She enlisted the help of fellow students in her high school club, contacted local organizations that serve the poor, solicited clothing donations at schools and in the community, and lined up sponsors. The week before her event, Grace was devastated to learn that her beloved grandfather in China was dying. She had a choice: cancel the Street Store or risk never seeing him again. "I knew my grandfather wouldn't have wanted his illness to impede on charity for the homeless," she said. So she proceeded to set up her store, and welcomed needy shoppers to choose from among 16,000 articles of donated clothing. Sadly, Grace's grandfather died without hearing about her successful event. "But I saw my grandfather in every shopper," she said. Tara, an eighth-grader at Zionsville West Middle School, secured $4,000 in grants and donations over the past three years to provide weekend meals, healthy snacks and school uniforms for inner-city kids in her community. While walking around downtown Indianapolis with her family, Tara frequently encountered homeless people, and it broke her heart. But after seeing a homeless mother and son sleeping on the street, "I went home and thought long and hard," she said. With encouragement from her parents, Tara began researching ways to help. Through an online search, Tara identified an elementary school with a high rate of free and reduced- price lunches, and while visiting the school, learned about its desperate need for uniforms. She then sought a grant from the Indianapolis Colts and a donation from Walmart; the result was 200 new uniforms for the school. Tara also learned that without subsidized lunches at school, many students go hungry over the summer. She responded by securing another grant and more store donations, and used the money to provide 100 weekend meal packages to summer campers. To encourage healthy eating, Tara also planted a vegetable garden and donated 600 pounds of produce for an inner-city summer camp. She estimated more than 500 kids in need have benefited from her activities. "These honorees have done exemplary work to contribute to the health and vitality of their communities, and we look forward to seeing the great things they achieve in the future," said John Strangfeld, chairman and CEO of Prudential Financial, Inc. "Congratulations to each of these extraordinary young volunteers." "It's a privilege to celebrate these students not only for outstanding volunteer service, but for the example they've set for their peers," said Jayne Ellspermann, president of NASSP. "These honorees prove that one person truly can make a difference." Youth volunteers in grades 5-12 were invited to apply for 2017 Prudential Spirit of Community Awards last fall through schools, Girl Scout councils, county 4-H organizations, American Red Cross chapters, YMCAs and affiliates of the HandsOn Network. More than 31,000 middle level and high school students nationwide participated in this year's program. The Prudential Spirit of Community Awards program was created in 1995 to identify and recognize young people for outstanding volunteer service – and, in so doing, inspire others to volunteer, too. In the past 22 years, the program has honored more than 120,000 young volunteers at the local, state and national level. For more information about The Prudential Spirit of Community Awards and this year's honorees, visit  http://spirit.prudential.com or www.nassp.org/spirit. About NASSP The National Association of Secondary School Principals (NASSP) is the leading organization of and voice for middle level and high school principals, assistant principals, and school leaders from across the United States. The association connects and engages school leaders through advocacy, research, education, and student programs. NASSP advocates on behalf of all school leaders to ensure the success of each student and strengthens school leadership practices through the design and delivery of high quality professional learning experiences. Reflecting its long-standing commitment to student leadership development, NASSP administers the National Honor Society, National Junior Honor Society, National Elementary Honor Society, and National Association of Student Councils. For more information about NASSP, located in Reston, VA, visit  www.nassp.org. About Prudential Financial Prudential Financial, Inc. (NYSE: PRU), a financial services leader, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential's iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com. Editors: For pictures of the Spirit of Community Awards program logo and medallions, visit . For B-roll of Indiana's honorees at the 2017 national recognition events, contact Prudential's Harold Banks at (973) 216-4833 or . To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/two-indiana-youth-honored-for-volunteerism-at-national-award-ceremony-in-washington-dc-300452912.html


Grant
Agency: European Commission | Branch: FP7 | Program: CP-IP | Phase: NMP.2013.1.1-1 | Award Amount: 11.92M | Year: 2014

To meet short term European 20-20-20 objectives and long term targets of European Energy Roadmap 2050, an energy paradigm shift is needed for which biomass conversion into advanced biofuels is essential. This new deal has challenges in catalyst development which so far hinders implementation at industrial level: Firstly, biomass is much more complex and reactive than conventional feedstock; secondly development of such catalysts is traditionally done by lengthy empirical approaches. FASTCARD aims at: -Developing a novel rational design of nano-catalysts for better control; optimised based on advanced characterisation methods and systematic capture of knowledge by scalable mathematical and physical models, allowing prediction of performance in the context of bio-feedstocks; -Developing industrially relevant, insightful Downscaling methodologies to allow evaluation of the impact of diverse and variable bio-feedstocks on catalyst performance; -Addressing major challenges impacting on the efficiency and implementation of 4 key catalytic steps in biobased processes: Hydrotreating (HT) and co-Fluid Catalytic Cracking forming the pyrolysis liquid value chain for near term implementation in existing refining units as a timely achievement of the 20-20-20 objectives: addressing challenges of selectivity and stability in HT; increased bio-oil content in co-FCC. Hydrocarbon (HC) reforming and CO2 tolerant Fischer Tropsch (FT) forming the gasification value chain for longer term implementation in new European relevant infrastructure, representing 100% green sustainable route for Energy Roadmap 2050: addressing challenges of stability and resistance in HC reforming; stability and selectivity for FT. Advances in rational design of nano-catalysts will establish a fundamental platform that can be applied to other energy applications. The project will thus speed-up industrialisation of safer, greener, atom efficient, and stable catalysts, while improving the process efficiency.


Grant
Agency: European Commission | Branch: FP7 | Program: CP | Phase: ENERGY.2011.3.7-1 | Award Amount: 7.10M | Year: 2012

Increasing the share of biomass for renewable energy in Europe demands conversion pathways which are economic, flexible in feedstock and energy efficient. The BioBoost project concentrates on dry and wet residual biomass and wastes as feedstock for de-central conversion by fast pyrolysis, catalytic pyrolysis and hydrothermal carbonisation to the intermediate energy carriers oil, coal or slurry. Based on straw the energy density increases from 2 to 20-31 GJ/m3, enabling central GW scale gasification plants for biofuel production. The catalytic pyrolysis reduces oxygenates in the oil to 13% enabling power and refinery applications. The fast pyrolysis and HTC processes of demo-size (0.5-1 t/h) are optimized for feedstock flexibility, yield, quality and further upscaling is studied. A logistic model for feedstock supply and connection of de-central with central conversion is set up and validated allowing the determination of costs, the number and location of de-central and central sites. Techno/economic and environmental assessment of the value chain supports the optimisation of products and processes. Application of energy carriers is investigated in existing and coming applications of heat and power production, synthetic fuels&chemicals and as biocrude for refineries. Promising pathways will be demonstrated over the whole chain. A market implementation scheme of ramping up energy carrier production and subsequent phase in of large scale gasification is developed regarding optimal technical and economic performance. Separation of nutrients and chemicals further increase economics. Seven industrial companies, three of which SME and six R&D institutions from 7 European countries cover expertise along the complete chain: Feedstock, conversion processes, separation and upgrading, transport & logistics, end usage and value chain assessment. Conversion plants in demonstration size will enable the proof of concept and further up-scaling to commercial size.


Patent
Grace GmbH and Co. KG | Date: 2011-05-19

Porous inorganic oxide particles, such as porous silica particles, and compositions containing porous inorganic oxide particles are disclosed. Methods of making porous inorganic oxide particles and methods of using porous inorganic oxide particles are also disclosed.

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