NEW FACILITIES
will issue 664,572 shares of common stock and 44,305 shares of a new preferred stock in exchange for Parker's stock on the basis of three fourths of a common share and one twentieth of a preferred share for each share of Parker. Hooker had sales of $150 million last year; Parker had sales of $12.1 million.
Air Products will have a new gaseous hydrogen plant on stream at Muscle Shoals, Ala., by the end of this month. It will have a capacity for 21 million cubic feet per month of ultrahigh purity hydrogen and will be operated by the company's newly acquired Delta Oxygen division.
Amoco Chemicals has taken options on two alternate sites in Illinois near Chicago for its proposed Midwest olefins plant (C&EN, Jan. 29, Part 1, page 2 3 ) . One site covers 900 acres in the Dresden Industrial District on the Illinois River in Grundy County. The other, also 900 acres, is on the Kankakee River in Will County. Amoco plans to build a propylene and ethylene plant on one site or the other and make the remainder of the site available to potential olefins customers.
Heyden Newport's Newport Industries division has completed a plant at Pensacola, Fla., for making its Nirez polyterpene resins. Capacity of the new plant is more than 6 million pounds of resins a year. Polyterpene resins, which are made from turpentine, are used in adhesive and paper coating applications.
Jefferson Chemical has completed expansion of its direct oxidation plant at Port Neches, Tex., increasing its capacity for ethylene oxide and ethylene glycol.
FINANCE Witco Chemical is registering 100,000 shares of its common stock with the Securities and Exchange Commission. The shares, which have a current market value of about $4 million, are part of the 300,000 shares Witco issued in acquiring Sonneborn Chemical and Refining in 1960 and are being sold by four present stockholders.
Union Carbide has started to build a new unit for producing Cellosize hydroxyethyl cellulose at its Institute,
Norda Essential Oil & Chemical Co., New York, N.Y., plans to sell 200,000 shares of its class A stock to the public at about $15 a share. The company makes and processes natural and synthetic essential oils, flavors, aromatics,
J. C. CaHilfi CMP., Denver, Colo., Las
W.Va., plant.
and related materials.
affiliated w i t H S o c i e t e B e i g e d e I'Azote
operating
the
$2.2 million from t h e p r o c e e d s of t h e
et des Produits Chimiques du Marly
company's present capacity for the nonionic synthetic colloid. Meanwhile, the company has completed an expansion of its Niagara Falls, N.Y., unit.
offering to reduce short-term bank loans and the balance for working capital and other corporate purposes.
of Belgium and will enter the field of designing and building nitric acid plants. The two companies will bid for the job of building a plant to produce highly concentrated nitric acid for the Tennessee Valley Authority.
Textron has bought Vita-Var Corp., Newark, N.J., manufacturer of paint and protective coatings. Vita-Var will be part of Textron's agrochemical group, which includes the Spencer Kellogg and Beacon divisions.
C&EN PROGRESS REPORT
The new unit is to be
e a r l y in
1 9 6 3 , tripling
It plans to use
INTERNATIONAL Union Carbide's Union Carbide Nuclear Co. division has awarded a contract to Leonard Construction Co. to design and build a sulfuric acid plant to supply acid to Carbide's uranium processing mill at Uravan, Colo. The 125 ton-a-day acid plant will be completed in October.
Allied Chemical has set up a Swiss subsidiary, Allied Chemical, S.A., to develop and expand its export business in Europe and the Mediterranean area. The company's principal office will be in Zug, Switzerland, with a branch in Monaco to serve as operating headquarters.
EXPANSION IN THE CHEMICAL INDUSTRY
Here are companies making news last month, adding to the chemical process industries by . PLANNING . . . Company and Site Allied Chemical Corp.
Plant or Unit Chlorine and caustic soda
Remarks To be producing by mid-1963
Polyester fiber
Third of four expansions that will eventually put capacity at about 40 million pounds a year
Zinc and copper and their salts, gold, silver, sulfuric acid, and fertilizers
Dorr-Oliver will build $11 million complex
Solvay Process Division Wilmington, N.C. Celanese Corp. of America Imperial Chemical Industries, Ltd. Fiber Industries, Inc. Shelby, N.C. Celtor Chemical Corp. Vallejo, Calif.
Continued on page 36 APRIL
2, 196 2 C & E N
35
EXPANSION IN THE CHEMICAL INDUSTRY Dayburn Chemical Co. Port Neches, Tex. International Minerals & Chemical Corp. San Jose, Calif.
Organic chemicals
Shell Chemical Corp. Ventura, Calif.
Urea and ammonia
Monosodium glutamate
(CONTINUED) New company hasn't announced as yet what specific products will be made Increasing capacity from 12.5 to 15 million pounds a year and switching from extraction to fermentation process. To be completed in September Urea capacity to be increased 5 0 % to 75,000 tons a year. Ammonia unit, now producing about 78,000 tons a year, will be expanded to balance out company's requirements
STARTING CONSTRUCTION . . . Allied Chemical Corp. General Chemical Division Port Chicago, Calif. Gulf Oil Corp. Houston, Tex.
Anhydrous and aqueous hydrofluoric acid
To be on stream in July
Olefins
Hercules Powder Co. Covington, Va.
Polypropylene fiber
Pittsburgh Plate Glass Co. Natrium, W.Va.
Barium carbonate and chloride, sodium sulfide and sulfhydrate, and hydrogen sulfide Phthalic anhydride
Stone & Webster doing construction. Ethylene unit, to produce 400 million pounds a year, to be ready by mid1963. Propylene unit to go up later Expanding present 11 million pound-peryear capacity by 7 0 % . To be completed late this year New $1 million plant to be completed in December
Stepan Chemical Co. Millsdale, III. Swift & Co. Harvey, La.
Diammonium phosphate
Site of projected 44 million pound-a-year plant has been switched from Puerto Rico to Illinois. Scheduled for completion late this year Adding DAP unit, with capacity for 150,000 tons a year, to present facilities. Phosphoric acid will come from Swift's Bartow, Fla., plant. Ammonia will be purchased in Louisiana
Sulfur hexafluoride
Operates in conjunction with elemental fluorine plant at the same site
STARTING PRODUCTION . . . Allied Chemical Corp. General Chemical Division Metropolis, III. American Viscose Corp. Newark, Del. Bethlehem Steel Co. Sparrows Point (Baltimore), Md. Monsanto Chemical Co. Springfield, Mass. National Distillers & Chemical Corp. U.S. Industrial Chemicals Division Danville, III. National Phosphate Corp. Marseilles, III. Chas. Pfizer & Co. Groton, Conn.
Avicel microcrystalline cellulose Naphthalene
Polystyrene foam film Diammonium phosphate Diammonium phosphate Sorbitol
Spencer Chemical Co. Henderson, Ky.
Ammonia and ammonium nitrate
Union Carbide Corp. Linde Division Deer Park, Tex.
Oxygen and nitrogen
United Carbon Co. Mojave, Calif.
Carbon black
36
C&EN
A P R I L 2, 1962
New coal tar distillation plant can turn out 42 million pounds of crude product a year. Allied Chemical will process crude Second unit at the plant
Expanded capacity from estimated 6 million pounds a year to 12 million. Some output to be sold commercially Expansion and modernization raises company's total ammonia capacity to more than 1000 tons a day and adds solid ammonium nitrate unit at Henderson Output goes by pipeline to Diamond Alkali's adjacent ammonia and acetylene plants, Armco Steel's Sheffield division, and Humble Oil Capacity is 64 million pounds a year. Built by Lummus
