Word: farben
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When mighty I. G. Farben was broken up by the Allies after World War II, the smallest and least known of the three major offshoots was a company called Badische Anilin und Soda Fabrik. Like the two others, Bayer and Hoechst, B.A.S.F. proved to be a true heir to the vaunted Farben inventiveness and enterprise. It quickly rebuilt its bombed-out plants along the Rhine at Ludwigshafen, then spread out over 1,580 acres to develop Europe's largest single chemical complex. Now Europe's leading producer of raw materials for plastics and synthetic fibers, B.A.S.F. increased...
...manufacturer of dyestuffs, went on to develop revolutionary new processes for making sulphuric acid and liquefying chlorine; 85% of the world's nitrogen is made by a process that came out of B.A.S.F. laboratories. In the 1930s, after it had been absorbed by I. G. Farben, the company produced many new plastics and the first magnetic recording tape. To this day, magnetic tape is its only consumer product; everything else is sold as a raw material or for industrial...
...World War II the chemicals, camera-and copy-equipment complex of General Aniline & Film Corp. was by far the biggest. It has also been the longest held by the Government. Taken over in 1942 on grounds that its Swiss owners were a front for Germany's massive I.G. Farben, GAF has remained a Government fief while the Swiss and the Justice Department battled over the 93.5% interest involved (the other 6.5% is publicly held). Last week, with a compromise finally hammered out, Justice announced that it will sell 11.1 million shares of GAF-or 93.3% of all GAF stock...
Playing on these suspicions, Keating charged that Kennedy, while Attorney General, had made a "deal" to sell off part of the Government-held General Aniline & Film Corp.'s assets to a Swiss holding company that was once run by Germany's I. G. Farben, a notorious exploiter of Jewish slave labor. Keating had proposed selling the assets-some $200 million worth-exclusively to private U.S. interests, but made no protest when the deal was announced...
Died. Gerhard Domagk, 68, German chemist who in 1932 discovered that sulfonamides cured infection, thereby creating the first "wonder drugs"; of a heart attack; in Konigsfeld, West Germany. Domagk was research director for I. G. Farben when he found some textile dyes stopped infections in mice, successfully applied a dye to his daughter's infected finger, later isolated the active ingredient, a sulfa compound he called prontosil-an achievement that won him a 1939 Nobel Prize, which Hitler, piqued with the Nobel committee at the time, forced him to refuse...