Word: bayer
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MONSANTO CHEMICAL is going into business with German chemists to make a new plastic substitute for foam rubber. With Germany's Farbenfabriken Bayer A.G., Monsanto will build a plant in the U.S., turn out the new chemicals (isocyanates) to make foam plastics for mattresses and upholstery...
...running at a rate of nearly $500 million a year, Chile, Argentina, Uruguay and Brazil are now so far in debt to Bonn that Erhard was not interested at the moment in signing new trade agreements. The only bargain he proposed in Santiago provided for the restoration of the Bayer and Merck drug properties, seized in World War II. But Erhard had bigger matters in mind. West Germany's continued progress, he said, requires wider foreign business, and Latin America, rich in raw materials and poor in machinery and manufactured goods, is the place for German trade to grow...
Meanwhile, in West Germany's Bayer Institute for Experimental Pathology, other researchers read his reports on the drug's selective toxin. Directed by another Nobel Prizewinner, Professor Gerhard Domagk, the Germans took up where Waksman left off. Working with fungus cultures, they isolated actinomycin C, a new form of the original antibiotic...
...years, Spain has had a diplomatic representative at Bonn. Postwar Germany has not forgiven Franco for his sale, at knockdown prices, of Germany's prewar assets in Spain (Madrid's German hospital went for I peseta), and the expropriation of German commercial firms (Siemens, Zeiss. Bayer, etc.) that were once the backbone of Spain's electrical, chemical and optical industries. For two years Chancellor Konrad Adenauer has resisted discreet British and American pressure to go along with Franco. Last week he yielded...
...biggest Farben offshoots are the Bayer, Basf (short for Badische Anilinund Sodafabrik) and Hoechst companies, which account for 95% of the total business. All have paid for their postwar reconstruction out of profits, plus some $8,000,000 in ECA loans. All made their big comebacks under the guidance of I. G. Farben oldtimers, many of whom were once staunch Nazis. Typical is the Bayer company, biggest of the group, which suffered $40 million in war damages, emerged from the war with run-down and obsolescent equipment. Like other Farben units, Bayer lost its export markets, which once accounted...