Word: naphtha
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Dates: during 1960-1969
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Antwerp's greatest expansion is in chemicals. Belgium's own Solvay is putting up a polyethylene plant. The U.S.'s Phillips Petroleum is joining with Belgian partners in a $190 million naphtha plant and with France's Rhone-Poulenc in another venture. Union Carbide has $40 million in construction under way; next month a $20 million Monsanto plant will go into operation. With all this, four major U.S. banks have branched into Antwerp in the past year...
...Many pesticides come into contact with human skin where they are readily absorbed (e.g. naphtha used for mothballing). The government has no effective control over this danger...
...Chris-Craft the sale marks the end of a family saga that began in 1894 when Chairman Smith's grandfather installed a naphtha-gas engine in a homemade rowboat and began selling rides...