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Grey Market. Polyethylene was developed in 1933 by chemists of Britain's Imperial Chemical Industries, Ltd. They found that ethylene. a hydrocarbon gas, turned into a white, waxlike solid when subjected to high pressures. I.C.I, licensed Du Pont to produce it. But Union Carbide, working independently, devised its own method of making poly, though it pays I.C.I, a royalty fee just the same. Today Bakelite's output totals about 70 million Ibs. a year; Du Pont, the only other commercial U.S. producer, accounts for an estimated 55 million Ibs., and is also expanding...

Author: /time Magazine | Title: CHEMICALS: The Poly Pushers | 5/11/1953 | See Source »

Soapmakers also profited from the state of the commodity market. Colgate's net was up 46%. The chemical industry was also up. Du Pont showed a 14% increase in sales ($440 million) and a 12% increase in profits ($53.9 million) over 1952's first quarter. While the second biggest company, Union Carbide & Carbon, was not far behind (sales up 12% and profits up 10%), some of the biggest gains were rung up by the smaller companies. Thus Mathieson Chemical's $4,700,000 net was a 79% increase, Rohm & Haas...

Author: /time Magazine | Title: EARNINGS: Wonderful | 5/4/1953 | See Source »

...ordered Coq au Vin."Thornton Wilder and Miro frequented the restaurant, but neither made the impression on Genevieve that Louis Jouvet did, in a single visit. He came to Henri IV early one evening, out of temper and unwilling to talk. With some escargots and two bottles of Chateauncuf du pape all this changed. He stayed until four in the morning, he and the chef, a wiry Frenchman, roaring off-color Gallic songs to each other...

Author: By Michael O. Finkelstein, | Title: Club Henri IV | 4/28/1953 | See Source »

EDUCATION : Du Mont's The Johns Hopkins Science Review, for programs presented "with candor, a scientific attitude and a high degree of visual imagination...

Author: /time Magazine | Title: Radio: Winners | 4/27/1953 | See Source »

...clock. "When you reach my age," says he, "time starts running out. You want to meet a challenge and wrap it up, so that when you put your chips down, you can say, 'that's one I did.' " Last week, after 24 years with the Du Pont Co., the last two as director of synthetic fiber sales, Malcolm Jones went off to meet a new challenge-the chance to "run my own show." He became president of Manhattan's Robbins Mills, Inc., maker of synthetic fabrics for everything from clothing to auto upholstery and bulletproof vests...

Author: /time Magazine | Title: PERSONNEL: The Challenge | 4/20/1953 | See Source »

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