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Herbert Henry Dow
Herbert Henry Dow (February 26, 1866 – October 15, 1930) was a Canadian-born American chemical industrialist who founded the American multinational conglomerate Dow Chemical. He was a graduate of Case School of Applied Science in Cleveland, Ohio. He was a prolific inventor of chemical processes, compounds, and products, and was a successful businessman. Biography Early years Herbert Henry Dow was born in 1866 in Belleville, Ontario, the eldest child of Americans Joseph Henry Dow, an inventor and mechanical engineer, and his wife, Sarah Bunnell, who were from Derby, Connecticut. When the infant boy was six weeks old, the family returned to their hometown. They moved again in 1878, this time to Cleveland to follow Joseph's job with the Derby Shovel Manufacturing Company. After graduating from high school in 1884, Dow enrolled in the Case School of Applied Science (now known as Case Western Reserve University). While at Case, he became a member of the Phi Kappa Psi fratern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dow Chemical
The Dow Chemical Company, officially Dow Inc., is an American multinational corporation, multinational chemical corporation headquartered in Midland, Michigan, United States. The company is among the three List of largest chemical producers, largest chemical producers in the world. Dow manufactures plastics, chemicals, and agricultural products. With a presence in about 160 countries, it employs about 54,000 people worldwide. Dow has been called the "chemical companies' chemical company," as its sales are to other industries rather than directly to end-use consumers. Dow is a member of the American Chemistry Council. In 2015, Dow and fellow chemical company DuPont agreed to a corporate reorganization which involved the merger and split of Dow and DuPont into three different companies. The plan commenced in 2017, when Dow and DuPont merged to form DowDuPont, and finalized in April 2019, as the materials science division was spunoff from DowDuPont and took the name of the Dow Chemica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dow Process
The Dow process is the electrolytic method of bromine extraction from brine, and was Herbert Henry Dow's second revolutionary process for generating bromine commercially. This process was patented in 1891. In the original invention, bromide-containing brines are treated with sulfuric acid and bleaching powder to oxidize bromide to bromine, which remains dissolved in the water. The aqueous solution is dripped onto burlap, and air is blown through causing bromine to volatilize. Bromine is trapped with iron turnings to give a solution of ferric bromide. Treatment with more iron metal converted the ferric bromide to ferrous bromide via comproportionation. Where desired, free bromine may be obtained by thermal decomposition of ferrous bromide. Before Dow got into the bromine business, brine was evaporated by heating with wood scraps and then crystallized sodium chloride was removed. An oxidizing agent was added, and bromine was formed in the solution. Then bromine was distilled. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indianapolis 500
The Indianapolis 500, formally known as the Indianapolis 500-Mile Race, and commonly called the Indy 500, is an annual automobile race held at Indianapolis Motor Speedway (IMS) in Speedway, Indiana, United States, an enclave suburb of Indianapolis. The event is traditionally held over Memorial Day weekend, usually the last weekend of May. It is contested as part of the IndyCar Series, the top level of American open-wheel car racing, a formula colloquially known as "Indy car racing". The track itself is nicknamed the "Brickyard", as the racing surface was paved in brick in the fall of 1909. One yard of brick remains exposed at the start/finish line. The event, billed as ''The Greatest Spectacle in Racing'', is considered part of the Triple Crown of Motorsport along with the 24 Hours of Le Mans and the Monaco Grand Prix, with which it typically shares a date. The official attendance is not disclosed by Speedway management, but the permanent seating capacity is upwards o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phenol
Phenol (also called carbolic acid) is an aromatic organic compound with the molecular formula . It is a white crystalline solid that is volatile. The molecule consists of a phenyl group () bonded to a hydroxy group (). Mildly acidic, it requires careful handling because it can cause chemical burns. Phenol was first extracted from coal tar, but today is produced on a large scale (about 7 billion kg/year) from petroleum-derived feedstocks. It is an important industrial commodity as a precursor to many materials and useful compounds. It is primarily used to synthesize plastics and related materials. Phenol and its chemical derivatives are essential for production of polycarbonates, epoxies, Bakelite, nylon, detergents, herbicides such as phenoxy herbicides, and numerous pharmaceutical drugs. Properties Phenol is an organic compound appreciably soluble in water, with about 84.2 g dissolving in 1000 mL (0.895 M). Homogeneous mixtures of phenol and water ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chlorobenzene
Chlorobenzene is an aromatic organic compound with the chemical formula C6H5Cl. This colorless, flammable liquid is a common solvent and a widely used intermediate in the manufacture of other chemicals. Uses Historical The major use of chlorobenzene is as an intermediate in the production of herbicides, dyestuffs, and rubber. Chlorobenzene is also used as a high-boiling solvent in industrial applications as well as in the laboratory. Chlorobenzene is nitrated on a large scale to give a mixture of 2-nitrochlorobenzene and 4-nitrochlorobenzene, which are separated. These mononitrochlorobenzenes are converted to related 2-nitrophenol, 2-nitroanisole, bis(2-nitrophenyl)disulfide, and 2-nitroaniline by nucleophilic displacement of the chloride, with respectively sodium hydroxide, sodium methoxide, sodium disulfide, and ammonia. The conversions of the 4-nitro derivative are similar. Chlorobenzene once was used in the manufacture of pesticides, most notably DDT, by reaction w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magnesium
Magnesium is a chemical element with the symbol Mg and atomic number 12. It is a shiny gray metal having a low density, low melting point and high chemical reactivity. Like the other alkaline earth metals (group 2 of the periodic table) it occurs naturally only in combination with other elements and it almost always has an oxidation state of +2. It reacts readily with air to form a thin passivation coating of magnesium oxide that inhibits further corrosion of the metal. The free metal burns with a brilliant-white light. The metal is obtained mainly by electrolysis of magnesium salts obtained from brine. It is less dense than aluminium and is used primarily as a component in strong and lightweight alloys that contain aluminium. In the cosmos, magnesium is produced in large, aging stars by the sequential addition of three helium nuclei to a carbon nucleus. When such stars explode as supernovas, much of the magnesium is expelled into the interstellar medium wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific Ocean, Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in Genocides in history (World War I through World War II), genocides within the Ottoman Empire and in the Spanish flu, 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising French Third Republic, France, Russia, and British Empire, Britain) and the Triple A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Predatory Pricing
Predatory pricing is a pricing strategy, using the method of undercutting on a larger scale, where a dominant firm in an industry will deliberately reduce the prices of a product or service to loss-making levels in the short-term. The aim is that existing or potential competitors within the industry will be forced to leave the market, as they are unable to effectively compete with the dominant firm without making a loss. Once competition has been eliminated, the dominant firm now having a majority share of the market can raise its prices to monopoly levels in the long-term to recoup its losses. The difference between predatory pricing and competitive pricing is during the recouping phase of lost profits by the dominant firm charging higher prices. With there being less firms in the market causing consumers to have fewer choices between products or services, these higher prices result in consumer harm. Predatory pricing usually causes consumer harm and is considered anti-compet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dumping (pricing Policy)
Dumping, in economics, is a kind of injuring pricing, especially in the context of international trade. It occurs when manufacturers export a product to another country at a price below the normal price with an injuring effect. The objective of dumping is to increase market share in a foreign market by driving out competition and thereby create a monopoly situation where the exporter will be able to unilaterally dictate price and quality of the product. Trade treaties might include mechanisms to alleviate problems related to dumping, such as countervailing duty penalties and anti-dumping statutes. Overview A standard technical definition of dumping is the act of charging a lower price for the like product in a foreign market than the normal value of the product, for example the price of the same product in a domestic market of the exporter or in a third country market. This is often referred to as selling at less than "normal value" on the same level of trade in the ordinary cours ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopoly
A monopoly (from Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Bromkonvention
Deutsch or Deutsche may refer to: *''Deutsch'' or ''(das) Deutsche'': the German language, in Germany and other places *''Deutsche'': Germans, as a weak masculine, feminine or plural demonym *Deutsch (word), originally referring to the Germanic vernaculars of the Early Middle Ages Businesses and organisations *André Deutsch, an imprint of Carlton Publishing Group *Deutsch Inc., a former American advertising agency that split in 2020 into: **Deutsch NY, a New York City-based advertising agency * d Age, June 13 ..., a New York City-based advertising agency *Deutsche Aerospace AG *Deutsche Akademie">Deutsche Aerospace AG">d Age, June 13 ..., a New York City-based advertising agency *Deutsche Aerospace AG *Deutsche Akademie, a cultural organisation, superseded by the Goethe-Institut *Deutsche Bahn, the German railway service *Deutsche Bank *Deutsche Börse, a German stock exchange *Deutsche Geophysikalische Gesellschaft, the German Geophysical Society *Deutsche Grammophon, a Germa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartel
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Etymology The word ''cartel'' comes from the Italian word '' cartello'', which means a "leaf of paper" or "placard", and is itself derived from the Latin ''charta'' meaning "card". The Italian word became ''cartel'' in Middle French, which was borrowed into English. In English, the word was originally used for a written agreement between warring nations to regulate the treatment and exchange ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
