Word: monsanto
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...chemicals, Monsanto's profits dropped 8% to $38.6 million, although sales increased almost 4% to $541 million...
...Ohio bends into West Virginia, the advantages of cheap power and good water, plus a vast underground block of salt 200 miles long and more than 100 ft. thick, have attracted scores of chemical companies: Columbia?Southern Chemical Corp., Koppers Co., Shea Chemical Corp., Union Carbide & Carbon Corp., Monsanto Chemical. Farther along, other companies are spending over $300 million to make everything from jet-engine parts to autos and electronic tubes...
...bitter U-boat warfare of World War II, when the U.S. used it to transport 90 million tons of vital supplies, safe from preying U-boats in the Gulf. But the Waterway has really proved its value in peacetime. At least 500 companies (among them: Reynolds Metals, Alcoa, Monsanto, Dow Chemical) have built plants and warehouses along its banks, while thousands of others use it for cheap transportation. One enterprising Texan has built up a booming business carrying truck trailers up and down the canal by barge, thus eliminating dockside loading and speeding up the delivery of goods to inland...
Applied research can often turn migraines into moneymakers. In the manufacture of chlorinated biphenyl, widely used for insecticides, Monsanto's Anniston, Ala., plant was swamped by a useless fluid residue. But when researchers found a new product, HB-40, that uses the waste fluid to give greater flexibility to plastics, Monsanto salvaged twelve million pounds of stored-up residue, started making the onetime waste product...
...prepare for commercial use. RCA had invested $50 million in TV before it reached the U.S. living room, has another $30 million tied up in color TV; telephone companies buried millions of dollars worth of coaxial cable, engineered with TV in view, long before they had network customers. Monsanto tested 15,000 chemical compounds at its Creve Coeur, Mo. laboratories to find a herbicide that would kill weed grasses but not harm corn or soybeans, spent six years and $750,000 on the product, which has yet to be marketed...