1987 James R. Hyde becomes president of Grace Davison. 1988 Grace expands construction products operations in Japan. 1989 Grace opens offices in Uruguay. Robert J. Bettacchi becomes president of Grace Construction Products. Grace acquires Forrer Industries, a leading supplier of masonry block products, and introduces the industry's first complete system of products for masonry structures.
Grace opens offices in Guatemala.
1991 Grace expands its offering of custom and proprietary hydroprocessing catalysts and supports for the refining industry. Grace opens offices in Costa Rica. Grace introduces RV, the first successful vanadium traps for petroleum refining. J. Peter Grace retires as CEO, a position he held for 48 years, making him the longest reigning CEO of a public company. 1993 Grace introduces revolutionary oxygen-scavenging seals for beer bottle crowns worldwide to retain freshness and taste without preservatives.