Word: ashland
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Dates: during 1970-1979
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...single supplier, delivered about 200,000 bbl. of the total. Much of it was processed at the company's refinery at St. Croix in the U.S. Virgin Islands, then transshipped to mainland U.S. ports. Among the other big suppliers, Gulf Oil provided about 135,000 bbl. a day, Ashland Oil shipped about 100,000 bbl. and Exxon averaged around...
...week's end Bill Stewart's body was flown back to Ashland, Ky., his widow's home town, for funeral services. The national guard arrested a corporal for the murder, but he claimed Stewart was shot by a private who was killed in action later that...
...companies seem, destined to reap an absolute embarrassment of riches. According to projections by Wall Street's Paine Webber Inc., Ashland Oil, the nation's largest independent refiner, will see first-quarter profits leap by 517% over last year's earnings; one reason is the deals that the firm has been rushing to slap together during the crisis. Last week Ashland eagerly paid an exorbitant price, about $19.50 per bbl. for 300,000 tons of Iranian crude, even though the company's inventories are all but overflowing. Ashland executives had no firm idea of what...
...theory, one solution would be a consumer boycott of oil purchases from any OPEC member that failed to honor its contract commitments. But no serious moves have been made in that direction. Instead, at week's end, Ashland Oil Co. disclosed that it too had grabbed up a load of Iranian crude, and at a price that the company would only describe as "somewhat higher" than prevailing OPEC charges...
...being tried in several small and medium-size companies on the West Coast, well pay rewards people for doing what they are supposed to do: go to work regularly and on time. Some results have been impressive. Reports James Parsons, 59, president of Parsons Pine Products of Ashland, Ore., maker of nearly 80% of the nation's wooden mousetrap bases: "Our absenteeism has dropped 30%, and our tardiness is almost zero." Parsons' incentive: an extra day's pay at the end of every month to workers who are punctual. Reichhold Chemicals' fiberglass manufacturing division in Irwindale, Calif, offers half...