W R Grace buys Chinese membrane supplier

ERJ staff report (DS)

Wuhan, China -- W. R. Grace & Co. has bought the business and assets of Wuhan Meilixin New Building Materials Co., Ltd. (Meilixin), a manufacturer of waterproofing products located in China. The financial terms of the transaction were not disclosed.

Meilixin's products include multilayer polymer compound membranes, self-adhesive rubber membranes, cementitious capillary crystalline waterproofing materials and macromolecule compound coatings. The products help protect structures from the damaging effects of water. In addition to being sold in China, the products have been exported to Southeast Asia, America, Europe and other regions of the world.

Meilixin has manufacturing facilities for the production of customisable, fit-for-use waterproofing membranes, materials and compounds, as well as administrative offices and warehousing operations in Wuhan, the modern capital of the Hubei province located in Central China. There are around 50 employees at the facilities.

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Press release from W R Grace