Word: tenneco
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Dates: during 1970-1979
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...only farm corporations, but USDA figures indicate that in 1968 40 per cent of all farm tax returns over $500,000 were filed by sole proprietorships. In addition, USDA definitions of "farm corporation" include only those corporations where farm products account for the largest part of business receipts. Therefore Tenneco, which owns approximately 1,000,000 of California's 36.6 million acres of agricultural land, would not be included in Mr. Ferrara's statistics. It is estimated that the 1 per cent of farm corporations that Mr. Ferrara refers to receive from 25 to 30 per cent of the nation...
...officials admit that the agency was remiss in not having all its high officials make full financial disclosures. That step, the GAO says, would have revealed that 19 of the agency's 125 top employees held stock in gas-producing firms under FPC jurisdiction, including Exxon, Texaco and Tenneco. Moreover, seven of these officials were administrative-law judges who preside over cases that come before the FPC, and in at least one case, a judge apparently presided over a hearing involving a company in which he held stock...
...when suddenly they became pawns in Ethiopia's guerrilla war. They fell into guerrilla hands on March 26 when their helicopter went down in Eritrea province. Ever since, the men-Powers W. Case, 36, John W. Rogers, 50, both Texans, and Canadian Clifford James, 27, all employees of Tenneco, Inc., along with U.N. Geologist Matti Tavela, 54, an American working in Ethiopia-have been held. Their captors are members of the Eritrean Liberation Front (E.L.F.), which is waging a bloody secessionist battle. Tenneco has already agreed to an E.L.F. demand for $3 million in ransom, but the Ethiopian government...
...voracious demand and fat prices, such oil giants as Exxon, Mobil and Texaco, along with a host of smaller firms, are scouring the earth from Malaysia to Newfoundland for fresh finds. Next month, activity in Peru's Amazon River jungle will reach boom tempo as Union Oil, Tenneco, Getty, Sun Oil, Transworld and other companies begin drilling for what many geologists believe is the world's largest unexplored oil deposit. The most promising recent strikes have been under the turbulent waters of the North Sea, which has proven deposits of more than 12 billion bbl., v. 10 billion...
...Corfam the only supposedly defunct leather substitute to be resurrected. Production rights to Jentra, a former Corfam rival that was developed by Tenneco and then shelved, have recently been sold to a U.S.-Japanese combine, which is manufacturing it in Moonachie, N.J. Clarino, exported by Japan's Marubeni Corp., the world's largest manufacturer of poromerics, fizzled under the sponsorship of an American distributor in the '60s, but is now being successfully marketed in the U.S. by a Marubeni subsidiary...