Back يونيون كاربيد Arabic Union Carbide Catalan Union Carbide Czech Union Carbide German Γιούνιον Καρμπάιντ Greek Union Carbide Spanish Union Carbide Basque یونیون کاربید Persian Union Carbide French यूनियन कार्बाइड Hindi

Union Carbide

Union Carbide Corporation
Company typeSubsidiary
IndustryChemicals
Founded1917 (1917)
HeadquartersSeadrift, Texas, U.S.[1]
Key people
Richard Wells (CEO & president)
Products
RevenueDecrease US$4.377 billion (2019)[2]
Decrease US$691 million (2019)[2]
Decrease US$523 million (2019)[2]
Total assetsDecrease US$5.278 billion (2019)[2]
Total equityDecrease US$0.925 billion (2019)[2]
ParentDow Chemical Company
Websitewww.unioncarbide.com
A 1922 advertisement for Union Carbide gas lighting. Electric lighting was not yet common in many rural areas of the United States.[3]

Union Carbide Corporation (UCC) is an American chemical company. UCC is a wholly owned subsidiary (since February 6, 2001) of Dow Chemical Company. 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.[4]

Founded in 1917 as the Union Carbide and Carbon Corporation, from a merger with National Carbon Company, 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. The company divested consumer products businesses Eveready and Energizer batteries, Glad bags and wraps, Simoniz car wax and Prestone antifreeze. The company divested other businesses before being acquired by Dow including electronic chemicals, polyurethane intermediates, industrial gases (Linde) and carbon products.[5]

  1. ^ "Locations – Union Carbide Company".
  2. ^ a b c d e "Union Carbide Co Annual Report 2019". 10-K. 7 February 2020. Retrieved 24 December 2020.
  3. ^ 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.
  4. ^ History of DJIA, globalfinancialdata.com (Archived 2006-03-04 at archive.today).
  5. ^ Union Carbide Corporation, History (Archived 2008-07-18 at the Wayback Machine), accessed July 9, 2008.

Developed by StudentB