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W.R. Grace gets nod to make $17.82 million April pension plan contribution
By Caroline Salls
Pittsburgh, March 11 - W.R. Grace & Co. received court approval to make the $17.82 million contribution to its benefit pension plans due April 15, according to a Monday filing with the U.S. Bankruptcy Court for the District of Delaware.
According to the motion, W.R. Grace contributed $48.5 million to its pension plans covering U.S. employees in 2003; about $20 million in 2004; $24.1 million in 2005; $101.4 million in 2006; $76 million in 2007; and $14.8 million in January of this year.
W.R. Grace, a Columbia, Md.-based specialty chemicals company, filed for bankruptcy on April 2, 2001. Its Chapter 11 case number is 01-01139.
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