COLUMBIA, MD - W. R. Grace & Co. has acquired Chemind Construction Products, a privately held specialty manufacturer and distributor of waterproofing coatings technologies and materials for the design and construction industry. Chemind is headquartered and conducts R&D and manufacturing operations in Brisbane, Australia. The acquisition will become part of Grace Construction Products.

Chemind adds new waterproofing technology to Grace's global Construction Products portfolio and establishes the company's first waterproofing R&D and manufacturing facility in Australia. The new site will produce waterproofing materials for repair, maintenance and improvement markets as well as for new construction.

Chemind formulates and manufactures specialty, high-performance waterproof coatings. The company also distributes a broad range of waterproofing coatings and materials, including Grace's own waterproofing solutions, throughout Australia.

Grace is a global supplier of catalysts, engineered and packaging materials, and specialty construction chemicals and building materials.