Morton Bets on Chemicals - Chemical & Engineering News Archive

Nov 6, 2010 - Although the 1958 business climate is uneasy, Morton Salt is betting on the future of chemicals in setting up the new subsidiary. All of...
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INDUSTRY & BUSINESS M o r t o n Chemical's product lineup: Plant

Product

W e e k s Island, La*

Sodium sulfate ~

Manistee, Mich.

Markets

,

Kraft paper and newsprint indus.tries in the South" ~

~ ^

Hydrochloric dcicf

Food, oil, and steel " . processing

Activated ^ clay (by mid-1958)

Decolorizing agent in f o o d and p e ­ troleum processing

Magnesium-, car­ bonate a n d ox} i d e \ " ^ *' -

Steel, rubber, drugs, * printing ink, a n d cosmetics Drugs a n d photo­ graphic products

Inorganic c . bro-

%

rubber, drug, printing ink, and cos­ metics makers. Inorganic bromides, also produced here, find use in pharma­ ceutical a n d photographic products. T h e Ringwood plant (operated be­ fore by subsidiary Ringwood Chemical) makes photographic a n d fine organic chemicals. A major Ringwood product is Panogen, a seed disinfectant, used for treating wheat, oats, barley, flax, sorghum, rye, rice, and cotton. Some of t h e material also goes to the nursery and greenhouse trade. Morton sells soil and grain fumigants through Larvacide Products, acquired in 1957.

Oil Levels Out

T h e trend in demand for U. S. petro­ leum products is still upward, but the pace slackened last year. Total de­ mand last year of 3.4 billion barrels was only about 1.4% ahead of the year before. This contrasts with a 4 % gain Fungicide f o r treating Panogenr scored in 1956 and industry estimates , %VV ~ " ι ο v a r i e t y of cropsof a year ago that a further increase of „ * " , ** . o n farms and in from 3 to 5 % would be scored this year. ~ rations in 1957's clos­ 1: a n e w m e m b e r into its family—Morton industrial users. ing moi..'.., "^g t o API president Chemical Co., a subsidiary of Morton is Property Involved. TV .tisf