Word: pulp
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Dates: during 1970-1979
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...Because of its rapid growth, the tree could become a vital source of the firewood still used to cook food by 75% of the world's population. Its wood can be processed into charcoal or a flammable gas-or used for building houses and furniture and making paper pulp...
Gasohol is 10 per cent ethanol, an alcohol which can be distilled from such materials as grain and wood pulp, and 90 per cent unleaded gasoline. The blend has a slightly higher octane rating than regular unleaded gasoline...
...Japan and devised the means to finance ships through long-term charters. Recalls a former aide: "Often he just sits in his office and thinks three or five years down the road." In the 1950s Ludwig began pondering the world's increasing use, and dwindling supply, of pulp and timber. After surveying sites in Venezuela and elsewhere he settled on Brazil, in part because he found an immense tract for the right price. He bought the land in 1967 for less than $1 an acre...
There is method in Ludwig's mellowness. The Jari project is approaching the crucial second stage of development. The present pulp mill is planned eventually to turn out 750 metric tons daily, making it moderately large by world standards. If the project is to be fully successful, Ludwig needs to install another plant, which might process pulp into newsprint. Luckily, large deposits of kaolin, a white mineral used in papermaking, have been found on the Jari property...
...government requires him to sell all of his rice and most of his paper pulp within the country so that Brazil can save scarce foreign currency. But unless Ludwig can export to hard-currency countries, he will have a difficult time raising money...