Word: monsanto
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Union Carbide's long-term woes stem partly from its slowness to adjust to a slump in the chemicals business, particularly in petroleum-based products. The company's financial performance has lagged behind such rivals as Du Pont and Monsanto for the past several years. To perk up profits, Union Carbide is expected to put less emphasis on petrochemicals so that it can concentrate on its more successful business lines, including industrial gases (nitrogen, argon, oxygen) and consumer products (Eveready batteries, Glad bags, Prestone antifreeze...
...Monsanto Co. of St. Louis, for example, has come up with more than $143,000 in office equipment, laboratory gear and other products. Allied Van Lines has donated haulage of 40 shipments of materials from Monsanto and other companies to schools like John Brown University in Siloam Springs, Ark. So far Roskam has wheeled and dealed in 21 states to produce 200 scholarships. One recipient...
...freighter anchored in the harbor of this port town on Galveston Bay. The Grand Camp carried 1,400 tons of ammonium nitrate fertilizer. At 8 the next morning, the Grand Camp exploded in a blast that rattled windows 150 miles away. Flames leaped 700 ft. to a nearby Monsanto plant that produced styrene, a combustible ingredient of synthetic rubber. Minutes later the Monsanto plant exploded, setting off fires throughout the city. On April 17 the freighter High Flyer, also loaded with nitrates, exploded in the harbor. The toll: 576 dead, 2,000 seriously injured...
Judge Jack Weinstein hammered out the settlement at federal district court in Brooklyn, N.Y., shortly before dawn of the day that jury selection was scheduled to begin. The seven corporate defendants-Dow Chemical, Monsanto, Uniroyal. Diamond Shamrock, Hercules, T.H. Agriculture and Nutrition and the now defunct Thompson Chemical-denied any liability for the veterans' illnesses: their position was that Agent Orange had not caused the health problems and that they had merely manufactured the defoliant according to the military's instructions. Nonetheless, the companies agreed to place $180 million into a fund that will be used to compensate...
...gave you wrong information, which led to an inaccuracy in the story "The Billion-Dollar Boys" [Jan. 9]. I told your reporter that the Monsanto pension fund had terminated Alliance Capital as an investment manager after only a very short period of poor investment performance. That is not true. Rather, we managed funds of Monsanto from 1968 to 1973 and created a poor longer-term record of investment results. I wish this were not so, but I am afraid...