15 Facts About Union Carbide

1.

Union Carbide Corporation is an American chemical corporation wholly owned by Dow Chemical Company.

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2.

Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers.

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3.

Union Carbide is a former component of the Dow Jones Industrial Average.

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4.

Union Carbide divested consumer products businesses Eveready and Energizer batteries, Glad bags and wraps, Simoniz car wax and Prestone antifreeze.

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5.

Union Carbide divested other businesses before being acquired by Dow including electronic chemicals, polyurethane intermediates, industrial gases and carbon products.

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6.

Union Carbide continued to acquire related chemical producers, including the Bakelite Corporation in 1939.

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7.

Union Carbide changed its name to "Union Carbide Corporation" in 1957 and was often referred to as Carbide.

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8.

Union Carbide sold the mine to its employees under the name KCAC in the 1980s, but it only operated for a few more years.

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9.

Union Carbide insisted the accident was an act of sabotage by a rogue worker.

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10.

Union Carbide was sued by the Government of India and agreed to an out-of-court settlement of US$470 million in 1989.

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11.

Union Carbide blamed the leak of aldicarb oxime, the main ingredient in the popular farm pesticide Temik, on a valve failure after a buildup of pressure in a storage tank containing 500 pounds of the chemical.

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12.

Union Carbide commenced the production of bisphenol A in 1960 and phenol formaldehyde resins in 1964.

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13.

Union Carbide reclaimed land on neighboring properties by depositing spent lime and ash into the adjacent marshes in Homebush Bay.

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14.

Union Carbide relocated its headquarters to Danbury, Connecticut in 1982, to a newly-built complex known as the Union Carbide Corporate Center.

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15.

At 700 feet tall, the Union Carbide Building would be the tallest building in the world ever voluntarily demolished, as well as the third-tallest ever to be destroyed, after the World Trade Center Twin Towers.

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