Document MJdZ45k0Y5K1LpemK9q2G38Ma

FILE NAME: Reichhold (REI) DATE: 1966 Sept 10 DOC#: REI039 DOCUMENT DESCRIPTION: Article from Trade Journal - Chemical Week -W ith Advertisers ' *8 53 C\ * "1 ',> i M ift H University CHEMICAL WEEK A MCGRAW-HILL PUBLICATION SO CENTS SEPTEMBER 'IO, 1386 MAGNET M AKERS TURN UP THE HEAT Corfam goes to work In the manufacturing plan t... 43 Second chance for syndets-from-sugar p r o c e s s ? ... 0 raS? t* m 18VSSX? i UHGOBXBW rr m rr rttt The Reichhold eye for the future. Our eye for the future makes sure you get the basic chemicals you need in the form you need precisely when you need them.Whether you're formulating pilot batches of new products or production runs of present products made better, remember Reichhold for basic chemicals. REICHHOLDrffi# RfesSho CMmiwI*, toe.. RC1 Biitfiiiut, White Ftoln* ri i 10602 Me'hanol Organic pcrojndsj Mrlsmlne Partlaoryllidtt)! Pftenot < OfUio-Wienyichenol FMlwMpiwSeaoi - Sidiuw Psntachloroshefis'e .vafeii a rt PhtRslic Anhydrides >HviHchinttc *M Sulfuric Acids ferwsMetiydi Sjpittsislie KsslPi * Chemical Ceiors iw iu iirltl AdMirees OrtlKH-Beniyi Pat^.Chldfnpftenol ON THE COVER; Operator peers into reactor as trickle of magnetic material drops from the opening, New markets are opening up for ceramic permanent magnets as designers per fect smaller and lighter magnets with higher coercive force (p, 101), CHEMICAL WEEK Voi. 99, No. 11 SEPTEMBER 10, 1966 THIS WEEK IN BUSINESS S VIEWPOINT; Cold light on the hot subject of advertising costs is shed by study showing yearly change of such costs as a percentage of GNP. 27 Trade balance may trigger new economic policies for '67. White House worries about the relatively rapid increase in imports. 29 An end to the 7 % tax credit? Process industries-- which have benefited by several hundred million dollars in four years-- ponder new project-payout formula. 29 Allied Chemical sets up new Industrial Chemicals Division, consolidating former corporate offshoots of three of Allied's five original predecessor companies. 30 Continental Qil-Consoiidation Coal merger set for next week; Pitt-Consol Chem is included, but potash and activated carbon stock holdings will be spun off. 30 Antitrust action in the U.S.; General Dynamics indicates it will appeal ruling by federal court in New York that it must divest its Liquid Carbonic division. 31 Antitrust proposal for the world: Global-minded business men consider implications of Senator Hart's plan for agency to probe international mergers, cartels. 32 New opportunities on the horizon for plastics producers; Medical research on air borne mineral fibers could lead to restrictions on asbestos in major uses. 74 Canada's Prairie farmers begin a record wheat harvest, are expected to follow up with another fertilizer splurge-- raising sales 20 % next year. 82 Manhattan's Park Avenue is becoming the fashion address for chemical companies D E P A R T M E N T S lured by modern offices, easy commuting, and good communications. I- 112 There will be 260,000 fewer housing starts this year. Mortgage money- Is short, al I Business Benchmarks 112 though housing demand factors (family formations and income) are good, Business Newsletter 23 Countdown Engineering 15037 THIS WEEK !N TECHNOLOGY international 74 43 Du Port's Corfam finds its first use in process equipment as a long-lasting pack Key Changes Letters 84 . 16 ing and seal material for pumps, etc. Management Market Newsletter. Meetings 82 47 Armour will build plant for new series of amines derived from petroleum-based 79 materials and made by a new catalytic process, 16 National Roundup Production Research 37 S3 Nebraska seeks patents on a new process for making surface active agents from 47 sucrose and beef tallow, will offer process free to those who'll build in state. 47 Specialties 101 Technology Newsletter 89 Viewpoint 5 TH IS WEEK IN SPECIALTIES Washington Newsletter 33 101 Specially magnet market will double in the next 10 years-- from $50 million to World Roundup 69 $100 million, Auto industry will take lion's share. Ctamlcal W k !s pcblhkeS w n to W MeSriw.HHf, tse., 330 Wl I $ t,, Kew York, ,y. lOOW. CowrliAt 1U S bv Mt&fwcHilt, !nc. All rlgtiU a m d . ffe o to ! ABC Ki ASP. Sxtwutlw, SdltortU, CInjulittori und AdwrUtln* cS,i*-KI!l Building, KO Wtst d2ad Si,, Ntw Val:, M,Y. 10030. Cwosrat* efllctr! Shtltoi flsto , to sld tti; JoTl' J. Cso*i, w m u m Jelit l . MtGnw, irtawrtr. Prir.Sii *t PhifodUstii*, Pl. I f l Ok! St. Mit Kaottw Prt){ ttasrt-ciss mail iwiUge gatd M PUlid'lphU, P i. S u k -crittl rat t o sdMdSMts h< flcfd of oublitailan: U.S., U.S. |aj5l!3 **a C m u , SS t t t tlr Otoglt MW. 50r, .VW Htmi- to i * trl* s, SIS; I! otors, 555. pttMt a i A A ittltm ' IM, mm * to M e tte * s su&totstSoit or ttisg I a fcM of M n. Pot>"<K; P I I Fora 3S79 (9 m m t t , Cum lal Wk,-P,0,' Bat A30, Mlghutowi, 8 J , C$520. fi.-i.-i .u m 'im . Vrt.s. -tjto .1! (( s?J. dwiiist Hsetf ne total! Cie 32*d fittor df 1. C. patdty Bttfldlsg, 130! Avtrise of tfco Awricit, 1 1 0 CHEMICAL WEEK Septem ber 10, 1966 I i t! s! I "i I ss 51J *I1l **! l 11 H u n m m i i*s sii S il s * {! A *" s15 s g ,,s m g jj E ? f ! 0 g * " I g * jf 8 C ' S - s S eS $ - s 1a ' ! f i -S! f 8 >8 !8 S?o *T if Ii!!1ffII * i I f s Zi s p* Ii! il 115 n 1 H f ^:- s;- i |g * f1^I *'f I 8 ? ! 3 1i P O P 2 ?! P SS^ f ? S j S 3 g ? S SS H 5 8 S " S .5 S S S K S S 1 8 S S S l S s i s S S S S S! S S. S S u I Taking Giant Steps Two chemical process companies look giant steps toward diversifying Into the oceanography field last week, and two paper companies with com bined sales of nearly $1 billion /year reached a tentative agreement to merge, (1) Bcsidtx Corp. (Detroit) ex panded its oceanic activities by * qsiriisg for an undisclosed mount of stock Marine Advisers (La M ia, Calif.), producer of oceanographic in struments for petroleum and utility companies, .state and federal agencies, and firms engaged in scientific pro grams. (2) Fluor Corp. (Los Angeles) . and B, L. McFarland and Associates (Fort Worth and Midland, Tex.), a group of five companies involved in offshore and onshore, drilling opera tions, have agreed to merge, subject to stockholders*, approval The Mc Farland group operates five offshore drilling rigs in the Gulf of Mexico, (3) A tentative agreement to merge has been reached by U.S. Plywood Corp. (New York) and Champion Papers, Inc. (Hamilton, O.). It is sub ject to both' directors5 and stockhold ers' approval The corporate identities of both companies will be preserved. Reducing Gas Rates The Federal Power Commission has ordered El Paso Natural Gas Co. and Tranwestern Pipeline Co. to reduce by $57 miliion/year the price of na tural gas in the southern California market. The rate cut stems from the M y 26 decision in which FPC turned down the application of Gulf Pacific Pipeline Co. (a Tenpeco subsidiary) to supply gas to the Los Angeles area (CW. Aug, 6, p. 20). Gulf Pacific last week filed for a rehearing. El Paso and Transwestern were told they would have to lower their rates to reflect the lower costs result ing from the bigger deliveries pos sible in the expanded system. A t the same-time, FPC said it would conduct further proceedings to decide if cus tomers should get additional benefits resulting from more liberal deprecia tion allowances. FPC has given the companies 45 days to show cause why the reduction should not take place. Sources of airborne asbestos Asbestos-lined ducts used in centrally air-conditioned buildings* Asbestos ducts and insulation in home ceittoal-heating plants, Motor vehicle brake linings m clutch plates, Auto undercoatings. Asbestos celling and floor tiles. Asbestos shingles and sidings, CttMitntcittm and demolition Fitting, cutting, and removing asbestos-filled willboards and floorings, piping and insulation. incineration of asbestos-filled scrap. Improperly filtered effluent from asbestos processing plants. Asbestos; Awaiting `Trial' The asbestos Industry---whose end products value 3 at more titan $5ffl# m illon/yea^--may be in for' a shake, up. It could c u b ic 1 the form of federal legislation limiting the use of asbestos, because asbestos has been ac cused--fhongh not yet "convicted"-- as a significant health hazard. Prob able contender for asbestos markets; plastics. Recent studies have convinced U.S. Public Health Service specialists and other medical authorities that about 40% of all Americans have mild, chronic eases of asbestos, even though most of them never worked directly with asbestos. Unlike other airborne dust particles, asbestos fibers have the ability-- al most as much as activated carbon-- to absorb polycyclic hydrocarbons and arsenical. Furthermore, says USPHS, in the past 30 years the as bestos-related cancer rate has in creased sixfold. The Inferences; While the average asbestos worker is well protected, the man on the street is not. The 3x1micron asbestos fibers in his lungs can come from a variety of sources (table, above). And medical experts say there's no way to assess- hydrocarbon content in those lung deposits. American Cancer Society research ers feel certain there is a synergistic relationship among airborne asbestos, smoking and lung cancer. They reason that the nondegradable, hydrocarbonsoaked fibers may well be a constant source of lung irritation. PHS officials think it may take them up to five years to establish I asbestos* true role as an air pollutant ii However, Congress may act before the research is finished. Say Repre sentative Robert Watkins (P , Pa,): "We've seen enough evidence al ready, Asbestos will never get a clean bill of health. With just a little more data we'll move for controls and strict ones," Some .form of asbestos control is in the offing, public health officials are certain, if only part of a larger clean-ambient-air program. However, there is the danger that Congress may enact rigorous controls on the quanti ty of asbestos that could be used. In that case both Canada and U,S. asbestos products manufacturers would be hard hit, Of the five forms of asbestos mined today, chrysotile asbestos holds the predominant mar ket position because of iis insulat 1 ing and processing qualities. Canada produces more than 80% of the chrysotiie asbestos used in the U.S. In both countries, a number of seriousdislocations would occur. A t present, there is no known ma teria! that could fill all of asbestos' strategic roles. On the' other hand, should federal controls merely call for higher standards For binders and shielding*, that would spark a rise of new products, with plastics taking the lead, Reason, say industry spokesmen, present polymer technology could easily turn tip products to replace as bestos in most end-uses. 32 CHEMICAL WEEK September 10, 1966