W R Grace And Co's Suppliers recorded an increase in sales by 33.41 % year on year in Q2 2021, sequentially sales grew by 8.56 %, W R Grace And Co recorded an increase in cost of sales by 6.28 % year on year, sequentially cost of sales grew by 10.99 % in Q2.
W R Grace And Co's Suppliers recorded an increase in sales by 33.41 % year on year in Q2 2021, sequentially sales grew by 8.56 %, W R Grace And Co recorded increase in cost of sales by 6.28 % year on year, sequentially cost of sales grew by 10.99 % in Q2.
The principal raw materials for Catalysts Technologies products include molybdenum
oxide, zeolite, caustic soda, sodium aluminate, aluminum sulfate, alumina, sodium
silicate, rare earths, aluminum metal, and tungsten salt. Multiple suppliers
are generally available for each of these materials; however, some of our raw
materials may be provided by single sources of supply. We seek to mitigate the
risk of using single source suppliers by identifying and qualifying alternative
suppliers or, for unique materials, by using alternative formulations from other
suppliers or by passing price increases on to customers. In some instances,
we produce our own raw materials and intermediates.
Prices for many of our raw materials, including metals, and energy can be volatile.
In response to increases in raw material and energy costs, we generally take
actions to mitigate the effect of higher costs including increasing prices,
developing alternative formulations for our products, increasing productivity,
and hedging purchases of certain raw materials.
As in many chemical businesses, we consume significant quantities of natural
gas in the production of Catalysts Technologies products. World events and other
economic factors cause volatility in the price of natural gas. Increases or
decreases in the cost of natural gas and raw materials can have a significant
impact on our operating margins.
The principal raw materials for Materials Technologies products include sodium
silicate, soda ash, zeolite, sulfuric acid, and caustic soda. Multiple suppliers
are generally available for each of these materials; however, some of our raw
materials may be provided by single sources of supply. We seek to mitigate the
risk of using single source suppliers by identifying and qualifying alternative
suppliers or, for unique materials, by using alternative formulations from other
suppliers or by passing price increases on to customers. In some instances,
we produce our own raw materials and intermediates.
W R Grace And Co's Comment on Supply Chain
The principal raw materials for Catalysts Technologies products include molybdenum
oxide, zeolite, caustic soda, sodium aluminate, aluminum sulfate, alumina, sodium
silicate, rare earths, aluminum metal, and tungsten salt. Multiple suppliers
are generally available for each of these materials; however, some of our raw
materials may be provided by single sources of supply. We seek to mitigate the
risk of using single source suppliers by identifying and qualifying alternative
suppliers or, for unique materials, by using alternative formulations from other
suppliers or by passing price increases on to customers. In some instances,
we produce our own raw materials and intermediates.
Prices for many of our raw materials, including metals, and energy can be volatile.
In response to increases in raw material and energy costs, we generally take
actions to mitigate the effect of higher costs including increasing prices,
developing alternative formulations for our products, increasing productivity,
and hedging purchases of certain raw materials.
As in many chemical businesses, we consume significant quantities of natural
gas in the production of Catalysts Technologies products. World events and other
economic factors cause volatility in the price of natural gas. Increases or
decreases in the cost of natural gas and raw materials can have a significant
impact on our operating margins.
The principal raw materials for Materials Technologies products include sodium
silicate, soda ash, zeolite, sulfuric acid, and caustic soda. Multiple suppliers
are generally available for each of these materials; however, some of our raw
materials may be provided by single sources of supply. We seek to mitigate the
risk of using single source suppliers by identifying and qualifying alternative
suppliers or, for unique materials, by using alternative formulations from other
suppliers or by passing price increases on to customers. In some instances,
we produce our own raw materials and intermediates.
GRA's Suppliers Net Income grew by
GRA's Suppliers Net margin grew in Q2 to
36.68 %
26.67 %
GRA's Suppliers Net Income grew by 36.68 %
GRA's Suppliers Net margin grew in Q2 to 26.67 %
W R Grace And Co's Suppliers Sales Growth
in Q2 2021 by Industry
Sources:
W R Grace and co 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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65.67 % 