Draft2:Union Carbide
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Union Carbide Corporation (UCC) is an American chemical company. UCC is a wholly owned subsidiary (since February 6, 2001) of Dow Chemical Company. Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers .Some are high-volume commodities and others are specialty products meeting the needs of smaller markets. Markets served include paints and coatings, packaging, wire and cable, household products, personal care, pharmaceuticals, automotive, textiles, agriculture, and oil and gas. The company is a former component of the Dow Jones Industrial Average.[1]Founded in 1917 as the Union Carbide and Carbon Corporation, from a merger with National Carbon Company, the company's researchers developed an economical way to make ethylene from natural gas liquids, such as ethane and propane, giving birth to the modern petrochemical industry.
The company divested consumer products businesses Eveready and Energizer batteries, Glad bags and wraps, Simoniz car wax and Prestone antifreeze. The company divested other businesses before being acquired by Dow including electronic chemicals, polyurethane intermediates, industrial gases (Linde) and carbon products.[2]
Company history with DOE
The Union Carbide corporation succeeded Tennessee Eastman as the operating contractor of Y-12 National Security Complex in 1947, remaining until 1984, when Union Carbide relinquished the contract for operating DOE's Oak Ridge facilities, and the Martin Marietta corporation (later Lockheed Martin) won the contract to take over the operation.
BWXT Y-12 (name later changed to B&W Y-12) succeeded Lockheed Martin as the Y-12 operator in November 2000.[3]
Related
External links
References
- ↑ History of DJIA, globalfinancialdata.com (Template:Webarchive).
- ↑ Union Carbide Corporation, History (Template:Webarchive), accessed July 9, 2008.
- ↑ "Y-12 Receives 'Good' Award Fee Rating from DOE Template:Webarchive," BWX Times, Vol. 2, No. 6 (January 10, 2002). Retrieved: February 14, 2013.
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