Word: thiokol
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...leader in rocket fuels, shot up 6| points in three days to a new high of 54. Reaction Motors, 50% owned by Olin, has nearly doubled in value in the past year; so has General Tire & Rubber Co., which owns 95% of another rocket enginemaker, Aerojet General Corp. Thiokol Chemical Corp. has trebled in value in a little over a year, hit $70.50 a share last week before backing...
Speed Going Down. The X-17 is a three-stage missile powered by solid-propellant rocket motors built by Thiokol Chemical Corp. While the large, first-stage motor is burning, it climbs upward like any other missile. After coasting without power to an undisclosed but probably moderate altitude, it turns nose downward and starts to fall back to earth. Then the second-and third-stage rockets fire. Aided instead of opposed by gravity, they drive it to enormous speed...
There are a dozen varieties. At least four-neoprene, butyl, Koroseal and Thiokol-are wholly American products. Each of the synthetics is superior to natural rubber in at least one respect and for at least one use. Yet none claims to be perfect. Each will improve with further research, and ought to supersede natural rubber in its special field. Rubber itself may never regain its pre-war place, may join natural dyes, lacquers, resins, and perhaps silk in limbo...
...year since 1930 and are still looking for more (except on Washington trains and a few others). But motor transport is another story, because of the rubber shortage. For civilians, who have already cut their driving on the rationed East Coast by 55-65%. Dow Chemical's Thiokol (TIME, June 29) is the great white hope, with serious talk of enough by fall to retread 1,000,000 tires a month (out of 150,000,000 in use). Nonetheless, people who ought to know (like the Petroleum Industry War Council) were still talking last week of a reduction...
...take quite so rosy a view, but assigned priority-guarded materials for erection of a small Thiokol plant which will turn out 40,000 retreads a month. If all goes well, more priorities will be forthcoming to increase production to 160.000 retreads a month, or some 2,000,000 a year. (U.S. civilian traffic moves on some 150,000,000 tires...