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Advancion Corporation's Overview

Total employees273
HeadquartersAndover
Founded

Advancion Corporation is a leading global provider of specialty construction chemicals and building materials. Formerly the Specialty Construction Chemicals (SCC) and Building Materials (B&M) segments of W. R. Grace & Co., Advancion is set to launch as an independent, publicly traded company in Q3 2024. The company focuses on delivering innovative solutions that enhance the performance, durability, and sustainability of construction projects worldwide, including concrete admixtures, cement additives, waterproofing systems, and fire protection products.

Where is Advancion Corporation's Headquarters?

HQ Function

Global corporate leadership, strategic planning, research and development coordination, and administrative functions for the newly independent company.

Notable Features:

As a new headquarters is being established, it is expected to feature modern office spaces designed for collaboration and innovation, reflecting the company's forward-looking approach. Specific architectural details will emerge closer to the facility's full operation.

Work Culture:

Advancion aims to foster a dynamic, innovative, and customer-focused work culture. Building on its Grace heritage, it will emphasize collaboration, technical expertise, and a commitment to sustainability and safety in the construction industry.

HQ Significance:

The Andover headquarters will symbolize Advancion's new beginning as an independent entity, strategically positioned in a region known for innovation and talent, allowing it to drive growth in the specialty construction chemicals and building materials markets.

Values Reflected in HQ: The headquarters will aim to reflect Advancion's core values: innovation, customer success, integrity, sustainability, and a commitment to its employees and the construction industry.

Location:

Advancion Corporation supports customers globally through a network of manufacturing facilities, research and development centers, and sales offices across North America, Europe, Asia-Pacific, Latin America, and the Middle East. This widespread presence enables Advancion to provide localized solutions, technical support, and a reliable supply chain for its specialty construction chemicals and building materials, catering to diverse regional market needs and construction standards.

Street Address:

Specific site in Andover to be announced

City:

Andover

State/Province:

Massachusetts

Country:

USA

Advancion Corporation's Global Presence

Worms, Germany

Address: Industrial Area, Worms, Germany [Specific site inherited from W.R. Grace]

Supports European construction projects with locally manufactured products, technical expertise, and contributes to regional innovation in building materials.

Shanghai, China

Address: Pudong New Area, Shanghai, China [Specific site inherited from W.R. Grace]

Provides localized product solutions and technical services to meet the demands of China and other Asia-Pacific countries, adapting to diverse construction practices and environmental regulations.

Mount Pleasant, Tennessee, USA

Address: Manufacturing Facility, Mount Pleasant, TN [Specific site inherited from W.R. Grace]

Supports the U.S. construction industry by producing key components for infrastructure, commercial, and residential projects, ensuring timely supply and regional product availability.

Buying Intent Signals for Advancion Corporation

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Advancion Corporation

As of April 2025, Advancion Corporation' leadership includes:

Dr. Bob Patel - Chief Executive Officer (Designate)
Cheryl Capps - Senior Vice President and Chief Financial Officer (Designate)
David M. Griter - Senior Vice President, General Counsel and Secretary (Interim Designate)
Kevin W. Brown - Senior Vice President and Chief Human Resources Officer (Interim Designate)
Jag Reddy - Senior Vice President and President, Global Building Materials (Designate)
Prakash Kolluri - Senior Vice President and President, Global Specialty Construction Chemicals (Designate)

Investors of Advancion Corporation

Advancion Corporation has been backed by several prominent investors over the years, including:

Standard Industries (as ultimate parent of W. R. Grace & Co. prior to spin-off)
W. R. Grace & Co. Stockholders (via spin-off distribution)
Future Public Market Institutional and Retail Investors (post-listing)

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits0

Advancion Corporation is actively forming its executive team ahead of its planned Q3 2024 launch. Key leadership appointments include Dr. Bob Patel as CEO and Cheryl Capps as CFO. Other roles are being finalized, drawing from existing W. R. Grace talent and external expertise. As a newly forming entity, there are no 'exits' to report from Advancion itself.

New Appointments:

Dr. Bob Patel, Dr. Bob Patel appointed as new CEO for the upcoming Advancion Corporation, leading the company post-spin-off.
Cheryl Capps, Cheryl Capps appointed as new CFO for the upcoming Advancion Corporation, managing financial strategy post-spin-off.

Technology (Tech Stack) used by Advancion Corporation

Discover the tools Advancion Corporation uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Advancion Corporation Email Formats and Examples

As Advancion Corporation is newly formed (launching Q3 2024), its primary email domain will be @advancion.com. Common corporate email patterns such as [first_initial][last]@advancion.com or [first].[last]@advancion.com are anticipated to be used.

[first_initial][last]@advancion.com

Format

jdoe@advancion.com

Example

75%

Success rate

News and media

W. R. Grace & Co. / Business WireFebruary 27, 2024

Grace Announces Advancion Corporation as Name for its New Independent Publicly Traded Company and Dr. Bob Patel as Chief Executive Officer Designate

W. R. Grace & Co. announced 'Advancion Corporation' as the name for its Specialty Construction Chemicals (SCC) and Building Materials (B&M) business, set to spin off as an independent public company in Q3 2024. Dr. Bob Patel was named as the CEO designate for Advancion....more

SEC Edgar / W.R. Grace & Co. FilingMay 20, 2024

Advancion Corporation (as Grace SpinCo Corp.) Files Amended Registration Statement for Planned Spin-Off

Grace SpinCo Corp., to be renamed Advancion Corporation, filed an amended Form 10 registration statement with the U.S. Securities and Exchange Commission. This filing provides updated information on its business, strategy, financials, and leadership team, including Cheryl Capps as CFO designate, as it moves towards its separation from W. R. Grace....more

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