Word: buna
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Although big Standard Oil Co. (New Jersey) has U. S. rights to the process for the manufacture of Buna-S, the German tire ersatz that shoes the wheels of Nazi military equipment, it is not yet ready for commercial production, nor have other synthetic rubbers made in the U. S. yet been shown commercially usable for tires. Last week, surveying its tiny stock pile, the U. S. rubber industry went into no panic, said not a word about the possibility of higher prices for tires. But the headlines helped speculators raise the price of spot rubber from...
...Buna-S, 20-30% longer wearing than natural rubber, is still four times as expensive. But U. S. technology may well bring it down to a competitive position...
Last week Buna took out its final U. S. naturalization papers. Its sponsor was its godfather, gargantuan Standard Oil Co. (N. J.), which has research relationships with Germany's I. G. Farbenindustrie, had a laboratory seat in the development of Buna from German coal gases and limestone. Its first residence will be Baton Rouge, where, Standard announced last week, a plant will be built to turn out Buna beginning late this year (capacity 10,000 Ib. a day), under the management of two subsidiaries-sales-minded Standard of Louisiana, research-minded Standard Oil Development...
...tire manufacturers and military men, Standard's new plant held no hope of Buna tires by Christmas. Its first product will be Buna-N (also known as Perbunan), a rugged synthetic to compete with neoprene. etc. in the specialty trade and to replace German imports of Buna-N (some 340.000 Ib. in 1938), now cut off by war. But Standard Oil Co. (N. J.) also has U. S. rights for the manufacture of tire-Buna (Buna-S) and U. S. rubbermen hope for eventual independence from a tree-grown, seaborne, cartel-priced raw material...
...down. Standard has a real ace up its sleeve: both Buna-N and Buna-S can be made more cheaply from petroleum gases, a resource that Germany lacks. Last week the rubber industry was still rustling with rumors that the newly naturalized Buna family would shortly put Cousin "S" to work...