Word: esso
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Dates: during 1960-1960
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...newest and cheapest of the petroleum plastics, is now putting the pressure on more expensive cellophane. Produced as a fiber, it promises to make the best no-ironing blend of cloth. Laverne's "invisible" chairs are made of the plastic, make any room look bigger, less cluttered. Esso is experimenting with colored highways made from a blend of asphalt and tinted polypropylene. With the routes of a cloverleaf indicated by color and with highway signs to match, U.S. motorists would lave less trouble finding their way through superhighway mazes. Hercules Powder Co., pioneer producer of polypropylene, has developed...
...their traditional overseas markets, came just as the battle forced Western firms to cut their prices to meet Russian competition. Items: ¶Four major Middle East oil producers -British Petroleum, Shell, Mobil, and the Compagnie Franchise des Petroles-cut their posted crude-oil prices, following the lead of Esso Export Corp. ¶Under pressure from price cuts in India (TIME, Aug. 22), British and U.S. companies reduced bulk prices on petroleum products in Pakistan by an average 7%. ¶Ceylon's Prime Minister Mrs. Sirimavo Bandaranaike, not to be left out, summoned three Western oil companies in Colombo...
...shiny black shoes and sports shirts stop flirting with their plump, pinch-waisted girl friends as the loudspeakers switch from the new music of the pachanga to news: "Old Mr. Herter is preparing ships and men at the Key West naval station to invade Cuba." At the Esso station, a workman paints the pumps green as a reminder that the revolution has changed Cuba so much that even the gasoline, refined from Russian oil, is different...
...cameras, tubing, flour, cable, screwdrivers, electric motors, hinges, light bulbs, farm machines, printing presses, office equipment, medical instruments. The deal also included a barter exchange-sugar, the nation's major export, for oil, the major import. To refine the Russian crude, Che seized the three foreign refineries-Shell, Esso and Texaco-without compensation...
...bartering sugar for oil, and taking the advice of the Communist who is his chief economic brain, Ernesto ("Che") Guevara, Fidel Castro last week turned to Russia for the oil to run Cuba. In doing so, he seized a $20 million Texaco refinery and a $35 million Jersey Standard (Esso) refinery, both U.S.-owned, and a $20 million refinery of Canadian Shell...