Word: alumina
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Dates: during 1940-1949
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...five plants, Alcoa owns one, operates two others for Defense Plant Corp. And it supplies alumina (the oxide from which aluminum is made) from its Mobile plant to the two others, operated by Reynolds Metals Co. and by Olin Corp., a subsidiary of Western Cartridge. Come peace and an end to WPB's control of alumina, Alcoa might decide to pull out of the two DPC plants and cut off alumina. This could kill the new industry...
Infant No. 2. Last week, WPB acted to forestall this possibility. It approved construction of a $4,000,000 alumina refinery plant at Salem, Ore., by another infant, Columbia Metals Corp. The new member of the family is fathered by such West Coast bigwigs as Boeing President Philip Johnson, President Eric Johnston of the U.S. Chamber of Commerce, Weyerhauser Timber Company's Norton Clapp. The plant, to be built with DPC cash, will produce alumina from the West Coast's vast beds of clay. It will be the first plant in the U.S. to use this process...
...trying out such a process now) or rely completely on bauxite imports, mainly from British and Dutch Guiana. This would mean that the U.S. might become a have-not nation in the No. 1 raw material of the light-metal age. The last alternative is to resort to producing alumina from clay or other non-bauxites...
...Pains. If the war lasted beyond 1946, Columbia Metals would be a solid asset to the U.S. But now it is no great threat against vast Alcoa. The new plant will not get into operation for a year, and then will turn out only a piddling 50 tons of alumina daily (the five West Coast plants use over 30 times that amount). Alumina from clay, in this small quantity, will cost from $75 to $80 per ton compared to Alcoa's present West Coast price of about $60. But Columbia Metals' smart president, James O. Gallagher, who spent...
...been considering a deal to buy San Francisco's Pope & Talbot Inc., the West Coast's third biggest lumber and shipping concern, operator of Alcoa's Pacific fleet of nine ships. Through such a deal, Alcoa would acquire: 1) enough ships to water-haul alumina from its Mobile, Ala. plant to the West Coast, thereby saving enough on rail costs to cut prices; 2) huge clay deposits near Castle Rock, Wash., where it could set up its own alumina-from-clay plant...