Word: goodrich
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...produce, guayule rubber has never before got out of the pin-money class, mainly because it costs 12-15? a Ib. v. 5-10? for plantation rubber. It is too soft to replace tree rubber completely in the vast tire and inner-tube market, is chiefly used (especially by Goodrich) for impregnating the cotton strands in belting, shoes, raincoats, etc. Hence Intercontinental has never produced more than 5,000 tons a year (less than 1% of U.S. consumption); it has lost money in eight of the last twelve years; its 1940 profits were only $324,000, about 20 days...
Substitutes for rubber, rather than rubberlike elastomers, are Goodrich's Koroseal, Union Carbide & Chemical's Vinyon, etc. Most of these are synthetic resins, i.e., plastics flexible enough for use in hose, fuel-tank seals, etc. Thiokol, made by Dow Chemical Co., is used as a barrage-balloon coating by the Vulcan Proofing Co. of Brooklyn...
...Jersey, which licensed them in turn to several U.S. rubber processors. Chemists of the U.S. Rubber Co. discovered that polymerization of butadiene was easier when it was emulsified in soapy water and converted by pressure into a milky, latex-like dispersion. This method is now used in Germany. Goodrich's Ameripol rubber is made by a similar emulsion process...
...Oilmen turned in some of the most cheerful reports. Thanks to larger sales at higher prices, profits of 16 companies jumped 130% over 1940's third quarter to $23,673,000. Phillips Petroleum, which (together with Goodrich) is expanding synthetic rubber production, boosted profits from $2,400,000 in the September 1940 quarter to $4,326,000 this year. Independent Producer Barnsdall Oil sold some West Texas leases, lifted earnings from...
...Street, ground was broken for U.S. Rubber Co.'s new $2,750,000 synthetic rubber plant. This is the first of four plants planned by Defense Plant Corp., which handles the financing, leaves the management to the companies. The other plants will be run by Goodyear, Goodrich, Firestone. The U.S. Rubber plant when completed in about a year will have an annual capacity of 10,000 long tons-a little more than 1% of the 800,000 tons that the U.S. now consumes annually...