$
10 STARTER KIT TO A NEW WORLD OF CHEMISTRY
NOW "NEDOX" OLEFIN OXIDES ARE AVAILABLE TO YOU FROM SEMI¬WORKS PRODUCTION. EXPLORE THEIR REACTIONS. DESCRIPTION. Nedox olefin oxides are nearly colorless mobile liquids with a ter minal epoxy group and a straight sat urated chain. Two oxides are available: Nedox 1114 ( C i m chain lengths) and Nedox 1518 (C15.18 chain lengths). GREATER REACTIVITY. The t e r m i n a l epoxy group of these new olefin oxides is highly reactive and in some respects, could be considered as the glycol equiva lent of an acid-anhydride. This increased reactivity gives faster cycle times, more complete reaction and lower processing temperatures. UNIQUE REACTIONS AND NOVEL PROD UCTS. Nedox materials enter into reac tions which conventional fatty acids and alcohols will not. The effect upon physical form as well as functional performance of the compound in which they occur is both novel and* worth further investigation. Order samples of Nedox olefin oxides at $10 per quart. Use coupon below to order. VP¬7
C&EN CHARTS The inventories-shipments ratios, for all manufacturers and for the chemi cal industry, changed little during June. The ratio for manufacturing industries remained at 1.79 as both shipments and inventories declined slightly from their May levels. The $162 million drop in inventories was the first decline in three years. The chemical industry's inventories¬ship ments ratio backed off from its six¬ year high in May (1.62) to 1.61, as industry shipments and inventories both rose slightly. The inventory problem is now about a year old. June 1966 was the last month with inventories¬shipments ratios typical of the period from 1962 to mid¬1966. Between June 1966 and June 1967, manufacturers' in ventories rose from $71.9 billion to $80.4 billion, an 11.8% increase. June shipments, meanwhile, in creased by only 1.7%; manufactur ers shipped $44.1 billion worth of goods a year ago June and $44.9 bil lion this June. Consequently, the in ventories¬shipments ratio rose from 1.63 to 1.79. The situation has been much the same in the chemical industry. In ventories rose from $4.66 billion in June 1966 to $5.42 billion in June 1967, a 16.2% increase. Shipments
for the month rose from $3.26 billion to $3.36 billion, a 3 . 1 % increase. Thus, the chemical industry's inven tories¬shipments ratio rose from 1.43 to 1.61 during the year. This, in ventory buildup has taken place at all three stages of production. Inven tories of starting materials, work in process, and finished chemicals each increased between 15 and 17% during the past year. However, manufacturers' invento ries, which consist of about equal amounts in each of the three stages of fabrication, showed the greatest in crease in work in process. Between June 1966 and June 1967, work¬in¬ process inventories rose 18.7%, in ventories of finished goods rose 11.7%, and inventories of materials and supplies rose only 5 . 1 % . Ship ments, which are generally made from inventories of finished goods, rose only 1.7% during the past year, so there is a large overhang of finished¬ goods inventories. On the other hand, unfilled orders, which repre sent future shipments from goods now in production, rose 5.5%, com parable to the rise in inventories of materials and supplies. The increase in the value of work in process is ac counted for by increases in unfilled orders and production time.
RATIO: Inventories to Shipments A D M CHEMICALS Please send me sample(s) of Ned ox olefin oxide @ $10 per quart. En closed is check for $
D Nedox 1114
D Ned ox 1518
(Cn.u)
(C15.18)
Name Title Firm Street
I City I
State
I
Type of Industry
ι
ZIP
Mail t o :
• A D M CHEMICALS Ι DIVISION OF ASHLAND OIL & REFINING COMPANY • 109 SOUTH 7TH STREET, DEPT. 90 I MINNEAPOLIS. MINNESOTA 55440
30 C&EN AUG. 21, 1967
Chemicals and Allied Products All Manufacturing
1966
1967
