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Elf Atochem.


Elf Atochem and Wuhan Organic Chemicals Industry from China have signed a letter of intent for the creation of a joint company for the manufacture, in China, of benzyl chloride Benzyl chloride, or α-chlorotoluene, is an organic compound consisting of a phenyl group substituted with a chloromethyl group. It can be prepared by the chlorination of toluene.  and derivatives sych as phenylacetic acid phenylacetic acid /phen·yl·a·ce·tic ac·id/ (fen?il-ah-se´tik) a catabolite of phenylalanine, excessively formed and excreted in the urine in phenylketonuria.

phen·yl·a·ce·tic acid
n.
. The proposed 60% Elf Atochem/40% Wuhan Organic Chemicals joint venture is expected to come into effect during the first half of 1996, on completion of a detailed study.

Corporate, financial news

The Rubber Manufacturers Association presented Safety and Health Improvement Program Excellence Awards to 25 rubber company plants which compiled the best employee injury/illness prevention records in 1994. Winners included: "5" Rubber, Kittanning, PA; Associated Rubber, Quakertown, PA; Beloit Manhattan, Aiken, SC, Clarks Summit, PA, Columbus, MS and Kalamazoo, MI; CR Industries, Gastonia, NC; Fenner, Lawrence, PA; Firestone Building Products Firestone Building Products is a division of BFS Diversified Products, LLC, a subsidiary of Bridgestone Americas Holding, Inc. (BSAH). BSAH is a subsidiary of Bridgestone Corporation, the world’s largest tire and rubber company. , Kingstree, SC and Prescott, AR; Firestone Industrial Products, Noblesville, IN; Freudenberg-NOK, Cleveland, GA and La Grange La Grange (lə grānj).

1 City (1990 pop. 25,597), seat of Troupe co., W central Ga., inc. 1828. It is an industrial center that produces lumber, plastics, textiles, and transportation equipment.
, GA; Garlock Mechanical Packing, Palmyra Palmyra, ancient city, Syria
Palmyra (pălmī`rə), ancient city of central Syria. A small modern village known as Tudmur is on the site.
, NY and Sodus, NY; Goshen Rubber/Bondflex Rubber, Laketon, IN; Goshen Rubber/Bower Mfg., Columbia City Columbia City is the name of several places in the United States:
  • Columbia City, Indiana
  • Columbia City, Oregon
  • Columbia City, Seattle, Washington, a neighborhood of Seattle
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HBD Human Biodiversity
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 Industries, Greenville, SC and Salisbury, NC; Patch Rubber, Roanoke Rapids Roanoke Rapids, industrial city (1990 pop. 15,722), Halifax co., N N.C., on the Roanoke River near the Virginia line; founded 1893, inc. 1931. The city's industries include health care, paper products, lumber, transportation, vehicle parts, and printing and publishing. , NC; Schlegel N.A.A.O., Frederick, OK; Goodyear Tire & Rubber, Mt. Pleasant, IA; Titan Industries Titan Industries is the world's sixth largest wrist watch manufacturer and India's leading producer of watches under the Titan and Sonata brand names. It is a joint venture between one of India's most respected business organization - the Tata Group and the Tamil Nadu Industrial , South Gate, CA; Continental General Tire, Mount Vernon, IL; and Oliver Rubber, Export, PA.
Third quarter 1995 financial results


                         Earnings ($)      Sales ($)


American Biltrite           1.5 million    107.4 million
Cooper Tire & Rubber         27 million      375 million
DSM                       f 234 million    f 2.3 billion
Eastman Chemical            148 million     1.27 billion
Ethyl                        17 million    241.7 million
M.A. Hanna                  3.3 million    464.1 million
Minerals Technologies      10.6 million    135.8 million
OM Group                    6.6 million       81 million
PPG Industries            170.4 million     1.72 billion
Rogers                      2.8 million     32.9 million
Rubbermaid                 50.3 million      642 million
Union Carbide               275 million     1.49 billion


Source: Company financial statements
First nine months 1995 financial results


                          Earnings ($)       Sales ($)


American Biltrite           5.6 million    298.4 million
Cooper Tire & Rubber       78.9 million      1.1 billion
Eastman Chemical            438 million     3.82 billion
Ethyl                      51.5 million    700.5 million
M.A. Hanna                 44.7 million     1.44 billion
Minerals Technologies      29.5 million    394.6 million
OM Group                   19.4 million    255.4 million
PPG Industries            606.4 million     5.34 billion
Rogers                      9.9 million    106.7 million
Rubbermaid                133.2 million      1.8 billion
Union Carbide               728 million     4.48 billion


Source: Company financial statements
COPYRIGHT 1995 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:signs letter of intent with Wuhan Organic Chemicals Industry of China to produce benzyl chloride and derivatives
Publication:Rubber World
Article Type:Brief Article
Date:Dec 1, 1995
Words:403
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