|
UNION
CARBIDE CORPORATION
|
SECURITY: UK (Common)
EXCHANGE: New York Stock Exchange CURRENCY: US Dollar
Union Carbide Corporation
is a chemical and polymers company with over 4,000 employees. The company
possesses some of the industry's most advanced process and catalyst technologies,
and operates some of the most cost-efficient, large-scale production facilities
in the world.
Union Carbide primarily
produces chemicals and polymers that undergo one or more further conversions
by customers before reaching consumers. Some of these materials are high-volume
commodities, while others are specialty products meeting the needs of smaller
market niches. The end-uses served include paints and coatings, packaging,
wire and cable, household products, personal care, pharmaceuticals, automotive,
textiles, agriculture and oil and gas.
The hallmark of Union Carbide's
leadership in the chemical industry is a sustained tradition of technological
innovation. In 1920 our researchers developed an economical way to make
ethylene from natural gas, giving birth to the modern petrochemicals industry.
A significant day in Union Carbide’s recent history was August 4, 1999,
when plans to merge with a subsidiary of The Dow Chemical Company (“TDCC”)
were announced. This merger transaction closed on February 6, 2001. Since
Union Carbide’s acquisition by TDCC, Union Carbide sells most of the products
it manufactures to TDCC and is an important part of the Dow family of companies.
Union Carbide Corporation
is a wholly owned subsidiary of The Dow Chemical Company.
|