Word: esso
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Compared to all the hot talk, the opinions of incoming N.A.M. President Stanley C. Hope, 65, onetime president of Esso Standard Oil Co., were calm and restrained. A native of Springfield, Mass., Hope was president of an oil-equipment company before joining Esso, after his retirement last July joined SoundScriber-Corp. of New Haven, Conn, as president -on a three-day-a-week basis...
Business in rebel country is nearly dead. The 'Esso distributor in Santiago, who used to sell 2,000,000 gal. of gas monthly, now sells 250,000; the Pepsi-Cola, Coca Cola and Canada Dry plants operate only two or three days a month. Bacardi Rum's main plant, which used to produce 144,000 bottles a day. last week closed for the first time since 1862. Eggs that once cost 4? apiece are now 10?: most food prices are up at least 40%. Holguin (pop. 82,000) has had no electricity for more than a fortnight...
...Engineering Professor William Rede Hawthorne of Britain's Cambridge University got empty sausage skins from his butcher, filled them with alcohol, tied the ends and towed them in the laboratory's wave tank. The alcohol sausages rode the waves so valiantly that he got financial backing from Esso Petroleum Co., Ltd. to build and test good-sized flexible barges...
...William Naden, 57, moved up from executive vice president to president of Esso Standard Oil Co., chief domestic marketing and refining arm of Standard Oil Co. (N.J.). He succeeds Stanley C. Hope, 64, president since 1949, who retires. Naden was born at Methuen, Mass., took a chemistry degree at what is now Lowell Technological Institute ('22), joined Esso in 1927, rose to plant superintendent. In World War II, he pushed expansion of refineries in the East, at first for Esso and then for the Government. Naden advanced to general manager of Esso's manufacturing in 1949, a vice...
...joint corporation to promote adoption of their R-N rotary-kiln process developed in Birmingham. Unlike the other processes, this one employs a solid carbon fuel instead of a reducing gas. ¶Arthur D. Little, Inc. (TIME, April 1) is developing its own process, using patents from the Esso Research & Engineering Co. It was petroleum scientists who first learned how to extract hydrogen cheaply from natural gas or petroleum, and also how to use gas pressures from below to smelt ore. This "fluidized bed" method of ore-handling is used by all direct-reduction processes except the R-N method...