Word: farbenfabriken
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Dates: during 1970-1979
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...move overseas has been led by the highly advanced chemical industry, specifically by the three companies into which the victorious Allies shattered the old I. G. Farben cartel. The three are: Hoechst, Farbenfabriken Bayer, and Badische Anilin-& Soda Fabrik. B.A.S.F. recently spent $95 million to buy out Michigan-based Wyandotte Chemicals Corp., the biggest U.S. maker of urethane plastics (1968 sales: $147 million), and it is now putting up $100 million to expand a Wyandotte plant in Louisiana. The firm has also budgeted $200 million to $300 million to build a chemical complex of its own in South Carolina (TIME...