GCP Applied Technologies Celebrates 30 Years in China
October 25 2016 - 6:17PM
GCP Applied Technologies (NYSE:GCP) today marked its 30th
anniversary operating in China with celebrations in Beijing.
In 1986 GCP (then a division of W.R. Grace &
Co.) became the first wholly foreign-owned company to be issued a
business license in the People's Republic of China, and has traded
under the name Grace China Ltd. In 2016 the legal entity name will
change to GCP Applied Technologies (China) Company Limited.
GCP is a world leader in specialty construction
chemicals and building materials, and packaging technologies,
headquartered in Cambridge, Massachusetts, USA. The company was
spun off from W.R. Grace in February 2016.
GCP construction products have been used in some of
China’s most iconic buildings and infrastructure projects. For
example, MRT in Beijing and Shanghai, Shanghai Maglev, Hangzhou Bay
Bridge, Nanjing Youth Olympic Stadium, the Bank of China building
in Beijing, Tianjin Financial Center and most recently, Shanghai
Disneyland.
“China is a major market for GCP,” says Adam Grose,
president of the GCP Specialty Construction Chemical business. “It
is our privilege to celebrate 30 years doing business in China.
Many of our customers here have been with GCP for decades. We look
forward to serving our China customers and growing our businesses
together.”
GCP’s construction chemical division recently
introduced SYNCHRO® chromium reducing cement additives to China in
order to align with new standards. The ADVA AF® System for Active
Flow Concrete and the TYTRO® Shotcrete System have also been
launched in China.
Throughout GCP’s 30 years in China, the company has
developed many products uniquely specified for the market. These
have included PV™ 100 pre-applied waterproofing membrane,
YTL®-C(RB) barrier membrane for green roofs, admixtures for high
strength and high performance concrete, and customized cement
additives to meet China’s production, energy consumption and
environmental requirements.
“We’re proud that GCP products are part of China’s
astounding growth. It speaks to the depth and breadth of our
relationships in the industry here, and our sustained commitment to
meeting the needs of this market,” said Zain Mahmood, President of
GCP Specialty Building Materials.
Darex, GCP’s packaging technologies segment, has
earned a strong reputation in China for the quality of its products
and its expertise in global food safety compliance regulations.
Darex sealants, coatings and closure products protect the quality
and safety of many local and international household food and
beverage brands.
“Darex was actually the first GCP company to
operate in China, beginning in 1986, and our products have been
highly regarded in the packaging market since that time. These are
the same trusted brands as when we were a division of Grace, and as
an independent company, GCP is even more focused on supporting our
customer’s growth,” says Laurie Andriate, President, Darex
Packaging Technologies.
Upcoming GCP product launches in China include
Apperta®, Darex’s second generation non-BPA coatings for food and
beverage cans, which has already proved successful in other
regions.
GCP is proud to have received significant industry
recognition over the past 30 years. In 2015, the China National
Building Waterproof Association awarded GCP an ‘AAA credit grade’,
as well as a ‘Certificate of Enterprise Credit Grade’. That year
Chinacement.com also named GCP ‘2015 China Cement Industry Top 100
Suppliers’ and ‘2015 Cement Industry Innovative Supplier’.
GCP currently has six manufacturing facilities,
four sales offices and technical service centers in China. In
April 2016, GCP expanded its operations in the Economic and
Technological Development Zone in Beijing.
APAC Media Contact
Cheryl Tan
+65.6660.2239
Cheryl.tan@gcpat.com
Rest of World Media Contact
Paul Keeffe
+1.617.498.4461
Paul.m.keeffe@gcpat.com
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