UNIROYAL CHEM-TEXTS
Vol. 4, 1970 | PUBLISHED FOR THE PEOPLE OF UNIROYAL CHEMICAL | No. 7
Wear A Dress Once; Throw It Away
Sales Up; Profits Off
Uniroyal set new records in sales for the second quarter and first half of 1970. Net income declined compared with 1969 when profits hit an all-time high.
Sales for the six months were $817,538,000, up 2.6 percent from the first half record of $796,633,000, in 1969.
Profits for the six months was $22,709,000, equivalent to 78 cents per share of common stock, which compares with the record $29,892,000, or $1.06 a share, set in 1969.
Sales for the second quarter set a new record of $436,714,000, compared with $427,802,000 in 1969.
Profit in the second quarter was $13,170,000, or 46 cents a share, compared with the $17,357,000, or 62 cents a share in 1969. (Cont’d. on page 4)
NOW Group Tours Greenhouse
[IMAGE: Group of men standing outside a building]
Future chemists and scientists visited the Agricultural Chemical research green house in Bethany, where Dr. Bob Davis showed then how new chemicals were helping to provide more food for the world. From left are Bob Davis, Allan Peoples, Vincent Wiggins, Joe Trangle, Royal Gladding, Ralph Neubig, of NOW, Eric Lott, Irving James, and Donavan Wiggins. Missing from the photo was Richard Simpson.
[IMAGE: Group seated at tables for lunch]
After tour, the group were luncheon guests of Bob Davis. Joe Trangle, at right, drove group to and from Waterbury.
[IMAGE: Woman in patterned casual dress]
Casual wear dress is made from non woven fibers and Naugatex latex.
by Jerry Twomey
The Synthetic plant makes it. People walk on it; read it; ride on it; chew it; and wear it. The plant, the first SBR plant built in the U.S., is a specialty manufacturer of 29 different types of latexes, tailor-made to meet the special requirements of customers.
Uniroyal Chemical ranks as one of the leading producers of latex manufacturing it at three plants: Naugatuck, Baton Rouge and Scotts Bluff.
Chewing Gum Big Use
One of the most interesting uses of synthetic latex, which is made from the chemical reaction of butadiene and styrene, is chewing gum. Most of the latex used to make chewing gum in the U.S. is produced at the Synthetic plant. The Naugatex® latex is more uniform in quality and has a “chewier” chew than the natural gum of the South American tree from which it was extracted and imported into the states.
The Disposable Market
This is one of the largest markets for nonwoven fabrics (Cont’d. on page 4)
Mower Shoots Steel Stake Into Wall
by Ed Phillips
An 8 inch tent stake, hidden in the grass, was picked up by the blades of a lawnmower and projected against a garage wall ten feet away. The sharp edge of the stake pierced through the 5/8″ thick plywood wall about 10 feet from the ground and entered the inside of the garage wall.
At the time, several children were playing on the lawn. If one of them had been near the (Cont’d. on page 4)
Dividend Declared
Uniroyal declared a dividend of 17½ cents a share on the common stock. The dividend is payable Sept. 25 to stockholders of record August 24.
This is the third dividend declared in 1970, bringing the total of dividends to 52½ cents a share on the common stock.
[IMAGE: Man and boy looking at stake in garage wall]
Ed Phillips, shows his son Dick, the 8 inch stake in garage wall.