Document KGk5OnYxpzV4V2o4zVjGykZYw
UNION CARBIDE CORPORATION Chemicals Plastics Operations Division_________________ ________________________________
270 Park Avenue, New York 10017
To: October 15, 1968
Attached is the text of the presentation, along with the associated charts, given on Friday, October 11, 1968, at the Asbestos Workshop. There was general concurrence with the recommendation that we consider divesting ourselves of the Asbestos Business, if a suitably attractive offer is received. The mechanics of this have not been worked out. However, these will include the organization of the Asbestos Business as a separate subsidiary of UCC and operation of this as a business wholly controlled by the subsidiary company management. The details of this, and other pertinent matters, will be communicated to the concerned people as they are developed.
We do intend to operate the business vigorously and any rumors
to the contrary should be refuted.
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FDD/lr Att.
F. D. Dexter
UCC 001301