chemical manufacturing founded 1917 ; 99 years ago 1917 headquarters houston texas usa key people richard wells ceo & president products bulk chemicals ethylene ethylene derivatives revenue us 7.33 billion 2009 parent dow chemical company website unioncarbide.com 1922 advertisement for union carbide gas lighting . electric lighting was not yet common in many rural areas of the united states . 1 union carbide corporation is a wholly owned subsidiary since 2001 of dow chemical company . it currently employs more than 2 400 people . 2 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 . 3 union carbide was 50.9 % stakeholder in union carbide india limited the company responsible for the bhopal disaster . 4 founded in 1917 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 . before divesting them the chemical giant owned consumer products eveready and energizer batteries glad bags and wraps simoniz car wax and prestone antifreeze . the company divested other businesses before being acquired by dow chemical on february 6 2001 including electronic chemicals polyurethane intermediates industrial gases and carbon products . 5 contents 1 history 2 hawks nest tunnel disaster 3 asbestos mining and calidria brand fibers 4 bhopal disaster 5 union carbide in australia 6 see also 7 references 8 external links history edit 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 until the late 1970s . 6 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 operation . 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 8.89 billion in stock . 7 hawks nest tunnel disaster edit main article hawks nest tunnel disaster the hawks nest tunnel disaster took place between 1927 and 1932 in a west virginia tunnel project led by union carbide . during the construction of the tunnel workers found the mineral silica and were asked to mine it for use in electroprocessing steel . the workers were not given masks or breathing equipment to use while mining . due to silica dust exposure many workers developed silicosis a debilitating lung disease . according to a marker on site there were 109 admitted deaths . a congressional hearing placed the death toll at 476 . 8 asbestos mining and calidria brand fibers edit in the early 1960s union carbide corporation began mining a newly identified outcrop of chrysotile asbestos fibers near king city and new idria california . the fibers were sold under the brand name calidria a combination of cal and idria . these fibers were sold in large quantities for a wide variety of purposes including addition into joint compound or drywall accessory products . 9 union carbide sold the mine to its employees under the name kcac king city asbestos mine in the 1980s but it only operated for a few more years . citation needed bhopal disaster edit main article bhopal disaster union carbide india limited owned by union carbide 50.9 % and indian investors 49.1 % operated a pesticide plant in the indian city of bhopal . 4 around midnight on 3 december 1984 methyl isocyanate mic gas was accidentally released from the plant exposing more than 500 000 people to mic and other chemicals . the government of madhya pradesh confirmed a total of 3 787 deaths related to the gas release . it left an estimated 40 000 individuals permanently disabled maimed or suffering from serious illness making it one of the world s worst industrial disasters . union carbide was sued by the government of india and agreed to an out of court settlement of us 470 million in 1989 . the plant site has not yet been cleaned up . anderson and carbide refused to answer to homicide charges and remained fugitives from india s courts . the u.s. denied several extradition requests . warren anderson died on 29 september 2014 in florida . seven indian employees of union carbide were convicted of criminal negligence in 2010 and fined 2 000 each . in 1982 carbide s auditors warned of a possible runaway reaction . carbide didn t supply an antidote maintained that mic was nothing more than a potent tear gas . carbide insisted the accident was an act of sabotage by a rogue worker . union carbide in australia edit union carbide s operations in australia commenced in 1957 when they purchased the plant of the australian owned company timbrol ltd. the tibrol factory was on the shore of homebush bay in the sydney suburb of rhodes . homebush bay is on the parramatta river which flows into sydney harbour . tibrol produced phenol the insecticides chlorobenzene chlorophenol ddt and the herbicides 2 4 d and 2 4 5 t. union carbide continued the production of the 2 4 d and 2 4 5 t until 1976 and chlorobenzene chlorophenol ddt until 1983 . union carbide also commenced the production of bisphenol a in 1960 and phenol formaldehyde resins in 1964 . 10 9 union carbide reclaimed land on neighboring properties by depositing spent lime and ash into the adjacent marshes in homebush bay . this practice which had been approved by the maritime services board ceased in 1970 . union carbide ceased operations in australia in 1985 . 11 in 1987 the new south wales pollution control commission ordered union carbide to remediate the site . this work which cost union carbide 30 million was conducted between 1988 and 1993 . the work involved excavation and encapsulation of the contaminated soil . 12 in 2004 the minister for planning granted consent for additional remediation of the former union carbide site to proceed including parts of homebush bay . 13 approximately 900 000 tons of soil were excavated from the union carbide site 190 000 tons of soil from the adjacent allied feeds site and approximately 50 000 tons of sediment from the bay . remediation of the allied feeds site was completed in august 2009 homebush bay sediments in august 2010 and the union carbide site in march 2011 . the value of the remediation work was 35m for the allied feeds site and 100 million for union carbide site and homebush bay sediments . 14 15 see also edit companies portal houston portal national carbon company carbide & carbon building union carbide corporate center references edit robert t. beall 1940 . rural electrification pdf . united states yearbook of agriculture . united states department of agriculture . pp. 790 809 . retrieved 2012 01 08 . of the more than 6.3 million farms in the country in january 1925 only 204 780 or 3.2 percent were receiving central station electrical service . union carbide corporation about us . accessed may 31 2011 . history of djia globalfinancialdata.com a b s. tamer cavusgil gary knight john r. riesenberger hussain g. rammal elizabeth l. rose 2014 . international business . pearson australia . p. 141 . isbn 978 1 4860 1138 4 . cs1 maint uses authors parameter link union carbide corporation history accessed july 9 2008 . see the oak ridge national laboratory article . warren susan 5 aug 1999 . dow chemical to acquire union carbide deal valued at 8.89 billion would position firm to challenge dupont . wall street journal . a3 . access date requires url help hawk s nest tunnel disaster . west virginia department of culture and history . retrieved 2008 11 25 . la times case hinges on material witness lisa gurion september 26 2004 redevelopment and remediation of the rhodes peninsula pdf . nsw leglisative council . retrieved 26 june 2014 . union carbide australia ltd. 1950 1985 . national library of australia . retrieved 21 june 2014 . environmental impact statement remediation of the lednez site rhodes and homebush bay pdf . parsons brinckerhoff . retrieved 27 june 2014 . assessment report pdf . nsw government department of planning . retrieved 29 june 2014 . former lednez union carbide site & homebush bay remediation . thiess services . retrieved 29 june 2014 . former allied feeds site remediation . theiss services . retrieved 13 july 2014 . external links edit official union carbide website csir bhopal disaster report 1985 v t e dow chemical co. corporate directors arnold a. allemang andrew liveris jacqueline k. barton geoffery e. merszei james a. bell dennis h. reilley jeff m. fettig james m. ringler ruth g. shaw john b. hess paul g. stern assets & products lorsban polystyrene styrofoam saran wrap union carbide windsor salt incidents bhopal disaster retrieved from https en.wikipedia.org w index.php title union carbide & oldid 743599726 categories chemical companies of the united statespetrochemical companiesdow chemical companymultinational companies headquartered in the 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