Word: titanium
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Dates: during 1940-1949
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...preparation for taking over his new job at the end of this year, Storke decided to inspect all the Kennecott properties around the world, starting with the company's new titanium venture in Quebec into which-along with the New Jersey Zinc Co.-Kennecott was pouring $25 million. Boss of this project was Vice President Russell J. Parker, 52, one of Kennecott...
...convicted of conspiring with its British and French affiliates to fix world prices of roller bearings and restrict competition. In Manhattan, E.I. du Pont de Nemours & Co., National Lead Co. and three individuals were fined a total of $43,000 (the maximum) for operating a worldwide cartel in titanium pigments. The companies were already under court order to license titanium production at a reasonable royalty...
Last week the Du Pont Co. announced that it was making about 100 pounds of metallic titanium a day, and was offering it at $5 a pound for manufacturers to experiment with. The new metal turns out to be wonderful stuff, according to Du Pont. It looks like stainless steel and is about as strong and corrosion-resistant, but weighs only slightly more than half as much. It is several times stronger than aluminum, and less than twice as heavy...
...Titanium is so new on the commercial market that no one knows yet how many alloys can be made out of it (most metals are improved in strength and other desirable qualities by proper alloying...
Some likely uses: airplane and jet engine parts (for high strength, lightness and heat resistance); marine hardware (resistance to salt water); industrial equipment where corrosion resistance is important. If titanium does catch on, there is plenty of it. There is more titanium on earth than all the lead, zinc, tin, nickel, copper, gold and silver put together...