Union Carbide

Union Carbide.svg
1922 advertisement for Union Carbide gas lighting. Electric lighting was not yet common in many rural areas of the United States.[1]

Union Carbide Corporation is a wholly owned subsidiary (since 2001) of Dow Chemical Company. It currently employs more than 2,400 people.[2] Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers. Some are high-volume commodities and others are specialty products meeting the needs of smaller markets. Markets served include paints and coatings, packaging, wire and cable, household products, personal care, pharmaceuticals, automotive, textiles, agriculture, and oil and gas. The company is a former component of the Dow Jones Industrial Average.[3] Union Carbide was 50.9% stakeholder in Union Carbide India Limited, the company responsible for the Bhopal disaster.[4]

Founded in 1917 as the Union Carbide and Carbon Corporation, from a merger with National Carbon Company, the company's researchers developed an economical way to make ethylene from natural gas liquids, such as ethane and propane, giving birth to the modern petrochemical industry. Before divesting them, the chemical giant owned consumer products Eveready and Energizer batteries, Glad bags and wraps, Simoniz car wax, and Prestone antifreeze. The company divested other businesses before being acquired by Dow Chemical on February 6, 2001, including electronic chemicals, polyurethane intermediates, industrial gases and carbon products.[5]

References

  1. Robert T. Beall (1940). "Rural Electrification" (PDF). United States Yearbook of Agriculture. United States Department of Agriculture. pp. 790–809. Retrieved 2012-01-08. Of the more than 6.3 million farms in the country in January 1925, only 204,780, or 3.2 percent, were receiving central-station electrical service.
  2. Union Carbide Corporation, About Us. Archived 2014-03-23 at the Wayback Machine Accessed May 31, 2011.
  3. History of DJIA, globalfinancialdata.com Archived 2007-09-26 at the Wayback Machine
  4. S. Tamer Cavusgil, Gary Knight, John R. Riesenberger, Hussain G. Rammal, Elizabeth L. Rose (2014). International Business. Pearson Australia. p. 141. ISBN 978-1-4860-1138-4.{{cite book}}: CS1 maint: uses authors parameter (link)
  5. Union Carbide Corporation, History Archived 2008-07-18 at the Wayback Machine, Accessed July 9, 2008.

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