Word: du
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Dates: during 1960-1969
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...Du Pont has become the world's largest chemical company by creating an atmosphere in which surprises are especially likely to occur. In the Experimental Station and dozens of other Du Pont laboratories across the U.S., scientists are exploring the mysteries that teased Aristotle, baffled Francis Bacon and inspired the ancient alchemists to try, as John Milton put it, "to turn metals of drossiest ore to perfect gold." The alchemists never succeeded in making gold, but Du Font's button-down chemists are doing something nearly as good. By rearranging the molecules of thin air, plain water, grimy...
Windfall. Last week Du Pont created a stock market flurry by freeing itself of a possession that has proved a distinctly mixed blessing. Meeting in the company's 13-story, Victorian-style headquarters in Wilmington, the directors decided to distribute the final one-third of Du Pont's 63 million shares of General Motors stock among its own shareholders early next year. The directors thus complied with a 1957 U.S. Supreme Court ruling that held that Du Font's ownership of G.M. stock violated the anti-trust laws. Getting rid of the shares under a court order...
Extending Life. Its search for higher profits has led Du Pont to look with new interest on the consumer field, to which it now sells only 5% of its products directly. The company is speeding up development of consumer products, such as its recently introduced electric toothbrush, and would like to expand into the homebuilding field with plastic piping and other products. But Du Font's strength for the foreseeable future will continue to be as a wholesaler to U.S. industries of the secrets it unlocks in the laboratory...
Just what wonders Du Pont will uncork next is hard to forecast, if only because the company's compass is so wide. Du Pont's chemists-like their colleagues throughout the chemical industry-never stop asking questions: How can electricity be transmitted without causing heat, what makes plants flower when and how they do, what are some new commercial possibilities of magnetism? Along the way, the perpetual search produces so many new products and processes that Du Pont is hard-pressed to find names for all of them, has called upon a computer to assemble 153,000 possible...
...prospect of pocketing another one-half G.M. share attracted so many buyers to Du Pont that the company's stock made one of its sharpest single-week gains in recent years before giving way to profit taking. The happy windfall for shareholders will deprive Du Pont of a rich lode of dividends that in the past has provided one-third of its earnings. For almost any other company, this loss of earning power would have been a severe blow. But Du Pont's profits from chemicals alone have been rising so rapidly that its profit margin is among...