Word: bhopal
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Dates: during 1980-1989
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...comeback will be all the more difficult after Bhopal. Said one Wall Street analyst: "In cases like this, a company's stock goes into a tunnel and does not come out for a number of years...
...Union Carbide, one bitter irony of the tragedy was that the Bhopal plant was at best a marginal operation because of slumping demand for pesticides. Sales of products from the facility dropped 23% last year to $17 million, and the plant was operating at less than one-third of capacity. -By Charles P. Alexander. Reported by Peter Stoler/New York
...Bhopal accident is by far the worst crisis ever to face Union Carbide. The company grew out of a firm founded in 1886 that produced the first dry-cell la battery. Union Carbide played a key role in the Manhattan Project, which developed the atomic bomb. Over the years many of the firm's products, including Eveready batteries, Glad bags, Prestone antifreeze and Simoniz car wax, have become popular items in America's households. But the company's best customers are businesses. Major products include polyethylene and other petrochemicals, industrial gases like acetylene and argon, and pesticides...
Last week in a place most Americans never heard of, more than 2,500 residents of Bhopal, India, were killed by leaking toxic gas. How deeply did we really feel that news? Numbers are always tossed up first in such events, but almost as a diversion; there seems a false need to know exactly how many died, how many were hospitalized; reports supersede reports. When the count is finally declared accurate, it is as if one were mourning a quantity rather than people, since the counting exercise is a way of establishing objective significance in the world. Still, we wept...
...this season. We are very good in this season. And how realistic was Donne's idea, given human indifference and lapses of memory? Yet at times the world can feel as small as Donne's. If nothing else, we have vulnerability to share. A reporter walking about Bhopal last week remarked how on some streets people were living normally, while adjacent streets were strewn with bodies. Everything depended on where the wind was blowing. -By Roger Rosenblatt