Word: sulphur
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Dates: during 1950-1959
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...obstacle is that the U.S. has contracted to pay steep royalties to Freeport Sulphur Co. for the ore that the plant uses, is even now battling to renegotiate the contract and slash the royalties. Few companies are willing to bid on the plant until peace is declared and a steady stream of ore is guaranteed at a good price...
Price Fight. When the Government built the Nicaro plant in 1942, it badly needed ore to feed it. Freeport Sulphur Co. owned a rich ore body just four to eight miles away, and the Government lent $1,100,000 to Freeport to develop the ore. The Government promised to buy at least one-third of Nicaro's ore needs from Freeport through 1968, now gets all of Nicaro's ore from Freeport, pays a royalty of $1.73 per ton, and also pays the cost of extracting the ore. The Bureau of Mines contends that the Government, which operates...
...sign an irrevocable contract to buy at least two-thirds of its Nicaro ore needs from Freeport through 1978. General Services Administrator Franklin Floete turned down the offer, called on Lawyer Ira D. Beynon, 62, to clean up the Nicaro dispute. Beynon attacked the chore with vigor. Testified Freeport Sulphur's President Langbourne Williams: "Mr. Beynon began to call us names, to threaten us with congressional investigations. He said, 'You reduce [the ore price] or I'll shut this plant down. We don't need your ore. We've got all the ore we need...
...Santiago-and the rebels took over the countryside, cutting off Oriente from the rest of Cuba. Fidel's brother, Raul, led his 150 men out of the Sierra del Cristal, 100 miles northeast of the main rebel strongholds. One night at Moa Bay they held the Freeport Sulphur Co.'s $75 million nickel mining project for twelve hours before pulling out. With no traffic moving in or out of Santiago, residents began dipping into hoarded food supplies. The rebels admitted that they were not yet ready to take Santiago by armed assault, and the army seemed...
Back in 1928. Kansas City Chemist J. C. Patrick stirred up a gummy mess of sulphur, carbon and hydrogen in an attempt to find a better, cheaper antifreeze. What he got was not antifreeze but one of the first types of synthetic rubber. He named it Thiokol (after the Greek for sulphur and glue), and with friends formed Thiokol Chemical Corp. As a rubbermaker, Thiokol did not go very far saleswise (one reason: it smelled so foul that it was dubbed "synthetic halitosis"). But since the age of space, the company has rocketed because Thiokol is a chief component...