Union Carbide Corporation Bond Certificate

Description

Union Carbide Corporation Bond Certificate
This piece is an Ebay exclusive. We are only offering this piece here!
The Union Carbide and Carbon Corporation was formed on November 1, 1917, from the merger of the Union Carbide Company founded in 1898, the National Carbon Company founded in 1886, Linde Air Products Company, maker of liquid oxygen, and the Prest-O-Lite company, manufacturer of calcium carbide. In 1920, the company set up a chemicals division which manufactured ethylene glycol for use as automotive antifreeze. The company continued to acquire related chemical producers, including the Bakelite Corporation in 1939. The company changed its name to "Union Carbide Corporation" in 1957 and was often referred to as Carbide. It operated Oak Ridge National Laboratory from 1947 to 1984.
During the Cold war era, the company was active in the field of rocket propulsion research & development for aerospace and guided missile applications, particularly in the field of chemicals and plastics, solid rocket motors, and storable liquid fuels. R&D was conducted at the Technical Center in South Charleston, West Virginia. The Aerospace Materials Department was part of the company's Carbon Products Division.
Ucar batteries was Carbide's industrial and consumer zinc chloride battery business. The business, including Energizer alkaline batteries, was sold to Ralston Purina in 1986, following a hostile takeover attempt.
After the Bhopal disaster, Union Carbide was the subject of repeated takeover attempts. In order to pay off its debt, Carbide sold many of its most familiar brands such as Glad Trashbags and Eveready Batteries. Dow Chemical announced the purchase of Carbide in 1999 for .89 billion in stock.
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