Word: monsanto
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CHEMICALS Monsanto $8.0 $8.8 Dow 11.1 14.1 Allied...
...wants Lever to give up its right to make All, a detergent that Lever acquired from Monsanto a year ago. Lever argued that adding All's 5% of the U.S. market to other Lever detergents (Surf, Breeze, Wisk, etc.), which hold 16%, bolstered Lever in its battle against giant Procter & Gamble, which has 55% of all U.S. detergent sales. But the trustbusters held that All should not have been sold to any of the soap industry's Big Three-Procter & Gamble, Colgate-Palmolive or Lever. Said Justice Department Antitrust Chief Victor Hansen: "We aim to protect competition...
Conquest: On the crest of an urgent new interest in science, CBS this week launched a new $1,000,000 series, ten hour-long shows spread over this season and next, sponsored by Monsanto Chemical Co. "to help penetrate the wall that separates the man in the laboratory from the rest of us." The opening show put the viewer's eye to microscopes that revealed viruses and, through time-lapse photography, a human cell mushrooming with cancer. It also presented a primer on oceanography and, in the best segment, an exclusive filmed report of Air Force Major David Simons...
...make up Bayer, the company is rapidly moving into foreign markets. Burgeoning Bayer has recently opened plants in Argentina, Brazil and Chile; it is building another in Mexico and, together with Farbwerke Hoechst, will add still another in Pakistan. In the U.S. it owns a 50-50 interest, with Monsanto Chemical Co., in West Virginia's Mobay Chemical Co. (polyurethane plastics), and a 50% interest with Pittsburgh Coke & Chemical Co. in Manhattan's Chemagro Corp. (insecticides...
Plastic House. The world's first molded plastic house was opened to Disneyland Park visitors at Anaheim, Calif, by Monsanto Chemical Co. and twelve cooperating manufacturers. Intended to prove that plastic is an all-purpose material, the eggshell white house perches on a squat 16-ft.-square concrete base, with four wings cantilevered out into space. Inside are three bedrooms, a living room, family room, dining space, kitchen and two baths, with many fixtures molded into the walls and electronic aids galore ranging from a TV-type camera to see who is at the front door to pushbuttons...