Word: mathieson
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...commonplace bulk items for which barge rates are unbeatably low (an average of 2 mills a ton. v. 16 mills by rail and 6.5?by truck). Grain barges moving down to New Orleans from Minneapolis pass inbound South American bauxite ore moving upriver to Kaiser, Alcoa and Olin Mathieson aluminum plants on the Ohio. The bauxite ore is transshipped from seagoing ships at New Orleans, but recently Captain Jesse Brent, head of a Greenville, Miss, towing company, bought a shallow-draft, 180-ft. vessel in which he hauls insecticides, feed and fertilizers direct from Memphis to South America...
...investment company (with interests in Brockville Chemicals, Inland Cement, Iroquois Glass) and the Miron building materials company. In Europe, La Générale owns 16% of Luxembourg's huge ARBED steel works (1960 sales: $700 million). It has also joined with the U.S.'s Olin Mathieson to produce oil derivatives, and with the U.S.'s Union Carbide to make polyethylene within the Common Market...
...Spiral. Since World War II, Foster has held five major Government jobs, ranging from Under Secretary of Commerce (1946-48) to Deputy Secretary of Defense (1951-53). He is thoroughly familiar with both peaceful and military uses of atomic energy: since 1955 he has been vice president of Olin Mathieson Chemical Corp., which is spending millions in development of nuclear fuels, and in 1958 he headed a U.S. delegation to the U.S.Soviet conference in Geneva that futilely attempted to develop a system for preventing surprise attacks. By the reputation he brings to his new job, Foster is a just boss...
Rising to challenge aluminum's Big Three have come a trio of fast-moving smaller producers, who now hold 13% of the market: Anaconda Aluminum, Harvey Aluminum and Ormet Corp., a subsidiary of Olin Mathieson. At the same time, the plastics industry has developed new products to compete with aluminum in pleasure boats, packaging and auto trim. And steel has started to offset aluminum's inroads by bringing out lighter, tougher and cheaper alloys and tin plates...
...Olin Mathieson Chemical Corp., after reorganizing to eliminate duplication of facilities, was able to increase profits to 72? per share from 64? last year...