REGENT MERGERS IN CHEMICAL AND PROCESS INDUSTRIES Companies
Involved
Date
Products or Facilities
A i r Reduction Colton
M a y 1954
A l l i e d C h e m i c a l & Dye Plaskon Mutual
Polyvinyl acetate a n d alcohol, urea-formaldehyde resins to .add to Air Reduction's planned vinyl acetate monomer plant at Calvert City, Ky. Exchange of stock
October 1953 June 1954
Plastics fabricator Chromium chemicals that will broaden Allied's position i n heavy chemicals- Stock purchase
January 1953 August 1953
Manufacturer of wallboard. Purchased Manufacturer of wallboard. Stock transfer
D e c e m b e r 1953
Heyden's group of antibiotics diversifies Lederle in this field. Purchase for $ 1 2 million
September 1953
adhesives used in plywood, hardwood board, and pulp and paper. Division has b e e n jointly held b y the compagnies Concrete products for industrial and highway construction and sewers
Allied's B a r r e t t Division Louisville Pulp & W a l l b o a r d Maîswood American Cyanamid Heyclen's antibiotics American M a r i e t t a Adhesives division o f U. S. Plywood Universal Concrete Pipe Lamar Pipe & Tile
September 1953 May 1 9 5 3
Archer-Daniels-Midland USTs resîn division Bigelow-Sanford LeConte Plastics Borden American Polymer
June 1 9 5 4
T w o plants for upgrading its o w n oils and fatty acids i n t o alkyd resins
July 1 9 5 4
Strengthening position already held in reinforced plastics
November 1 9 5 3
Four plants diversify Borden's line of adhesives, textile chemicals, sizings, paint and resin emulsions
February 1954
Outlet for Carborundum products for polishing comp o u n d s and for abrasives in soaps a n d detergents. Stock purchase
May 1 9 5 2
Polyester resin plant at Linden, N . J.
August 1953
Polyethylene containers and tubing.
August 1953
Additional plant for resin impregnated materials (Lamiply)
May 1954
W e s t Coast facilities for marine a n d industrial Purchase o f stock
February 1953
Facilities a n d process for chlorination of methane
February 1953
Facilities at Argo, 111., for metallic products Division's main plant
Dow Chemical Pyrina, S.A.
July 1954
Manufacturer of basic pharmaceutical products. Will e x p a n d into aspirin, salicylic acid. Half interest purchased
Food M a c h i n e r y & C h e m i c a l Varley Pumps and Engineering
April 1953
British outlet for Peerless pumps, agricultural sprayers, and food processing equipment. Purchase of controlling interest South African production of pineapple and citrus processing and packaging equipment. Purchase of controlling interest Makes specialized equipment in waste disposal and building field Λ^ϋΙ be operated as Fairfield division of F M C and pro duce allethrin, pyrethrum, a n d related chemicals
Carborundum American T r i p o l i Celanese Marco Chemicals Continental Can Elmer M i l l s D e c a r Plastics Plastics Specialties Devoe a n d Reynolds H a r t and Burns Diamond A l k a l i Belle A l k a l i Division L e a d Eagle-Picher*s metallic products division
Morris & M a r t i n
May 1954
Chicago Pumps
August 1 9 5 4
USI's Baltimore insecticide facilities Glidden Eagle-Picher's paint division
January 1953
January 1 9 5 3
Additional (Atlanta)
paint
production (Continued
VOLUME
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AUGUST
16,
1954
Purchase of stock
facilities
i n the
on page
finishes.
become
South
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RECENT MERGERS IN CHEMICAL AND PROCESS INDUSTRIES (Continued} Grace Thurston C h e m i c a l
June 1953
Davison
May 1954
Chemical
Dewey & Almy
Hooker Electrochemical Marble-Nye
Four plants and sales facilities in Midwest for superphosphate, insecticide compounding and sulfuric acid Additional fertilizer facilities and sales organization. Stock purchase Diversification into organic chemicals (chemical specialties, rubber products) and specialized machinery. Stock transfer is proposed
1 1 1 1 1 1 1
ι
August 1954
ι
July 1953
New England sales agency for Hooker, Diamond Alkali, 1 Penick & Ford, and American Potash |
August 1954
Plant for production of zLconium refractories and other 1 specialty refractories 1
May 1954
Nation-wide string of 10 plants for treating wood with 1 creosote and special salts. Stock purchase 1
October 1952
Ethical outlet for pharmaceutical materials. Exchange of stock Packaging of antifreezes Outlet for antifreeze materials Mathieson makes (methanol and ethylene glycol) Outlet for insecticide formulations for which Mathieson makes raw materials Tie-in with Mathieson's activities in hydrazine and other fuel research. Purchase of half interest
International Minerals & Chemicals Sonsel
Refractories
Koppers A m e r i c a n Lumber and Treating
Mathieson Squibb Puritan-Genesee USI's a n t i f r e e z e division
November 1953 April 1954
J o h n Powell
April 1953
Reaction Motors
January 1954
Merck Sharp & D o h m e
1 1 1 1 1 1 1 1 1
April 1953
Ethical sales outlet for Merck's vitamins, antibiotics, and 1 hormones. Exchange of stock 1 Electrical insulating and ceramic materials and fittings. Stock transfer Additional five plants for insulating varnish made from cashew nut shells. Purchase for $7 million
1 1 1 1
Minnesota Mining & Mfg. j
A m e r i c a n Lava
June 1953
[
Irvington Varnish
August
1953
National Distillers August 1952
Plants for sulfuric acid, caustic, and chlorine
1
1 Nopco 1 Yocum Faust
November 1953
1 Olin-Mathieson
June 1954
Canadian processor for oils used in vitamins; also production of lard oil, neatsfoot oil, and rapeseed oil. Purchase of stock Manufacturer of basic chemicals and manufacturer of consumer products join to diversify and integrate operations of both
1 1 1 1 1 1
1
I
Algonquin
Chemicals
Pfizer Rohrig
August
1953
Additional hematinics and other prescription nutritional 1 specialties. Purchase of stock 1
October 1953
Aromatics and compounding business for soap, cosmetics, 1 perfumes, and flavorings 1
November 1953
Aromatics for soaps and perfumes
April 1953
Import business for chemicals used for tanning, textile, 1 dyeing, laundry, and dry cleaning. Purchase of stock 1
1 Rhodia 1
Du Ponf's a r o m a t i c s
1 Roubechez 1 Naugatuck's aromatics 1 St. Maurice I McArthur Chemical ! Shell Chemical I Lac Chemical
June 1954
1 Smith-Douglass 1 San Jacinto Chemical
May 1953
1
September 1952
Coronet Phosphates Westlake Plastics 1 Plax's extruding business
1 1
I
August 1954
1
1
West Coast alcohol outlet for undenatured alcohol from 1 Houston plant 1
1 1 1
Additional anhydrous ammonia (110 tons a day) facili- 1 ties near Houston. Stock transfer Phosphate rock facilities in Florida. Purchase of 99.2%
1 1
Equipment for extruding and molding methacrylate, polyethylene, polystyrene, and fluorocarbons
Editor's Note: Most of the transactions described took place si nee Jan. 1, 1953. The table is a compilation of mergers reported during the past 20 months in C&E N and not représente d as a complete tabulation of mergers during this period.
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CHEMICAL
AND
ENGINEERING
NEWS
