8 years ado, rpost Americans \ didn't knew what it would take to keep the envirbmmert clean. But Grace knew. As hard as it is to believe today, "ecology" hasn't always been a household word. In fact, it wasn't until the U.S. Clean Air Act of 1970 that most Americans began to understand the importance of keeping the environment clean. Fortunately, long before Uncle Sam stepped in to regulate pollution, Grace had already stepped up its efforts to stop it. In 1964, for example, Grace's corporate researchers developed and produced the first auto emission control catalyst approved by
the state of California. And since then, Grace has led the way in emission control, providing both the research and the products automakers have needed to meet our environmental needs. Chemicals —for industry, agriculture and packaging —are only one part of W.R. Grace & Co. Grace, in fact, is a $4 billion company with interests in chemicals, natural resources and consumer businesses. Since 1968, ten years ago, the company's net income has grown by an average of 15% annually, and CIRCLE 19 O N READER SERVICE CARD
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C&ENNov. 13, 1978
shareholders have been receiving cash dividends for 44 consecutive years. Our annual report can tell you more. Send for it by writing to W.R. Grace & Co., Grace Plaza, 1114 Avenue of the Americas, New York, N.Y. 10036, Dept.CEN-3.
One step ahead of a changing world.
GRACE chemicals • natural resources • consumer products
