W.R. Grace Co. (Boca Raton, FL) has entered an agreement to combine its packaging business with Sealed Air Corp. (Saddle Brook, NJ), forming a new company, retaining the Sealed Air name and headquarters.
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W.R. Grace has also announced the formation of a new specialty chemical company which will consist of Grace Davison Grace Construction Products and Darex Container Products. Headquarters are located in Boca Raton FL.