Krebs Pigments and Chemical Company was founded in 1902 by Henrik J. Krebs and was a manufacturer of lithopone and

titanium dioxide Titanium dioxide, also known as titanium(IV) oxide or titania , is the inorganic compound with the chemical formula . When used as a pigment, it is called titanium white, Pigment White 6 (PW6), or CI 77891. It is a white solid that is insolu ...

History

The company was founded in 1902 by Henrik J. Krebs in

Newport, Delaware Newport is a town in New Castle County, Delaware, United States. It is on the Christina River. It is best known for being the home of colonial inventor Oliver Evans. The population was 1,055 at the 2010 census. Four limited access highways, I- ...

. After the death of Krebs in 1929 the company was purchased by

DuPont DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in ...

. In 1931 DuPont formed a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

with Commercial Pigments Corporation to scale up

production for use as a white pigment, to compete against

National Lead National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, ...

. The joint venture was named the Krebs Pigment and Color Corporation. By 1933

and DuPont ended their

patent litigation Patent infringement is the commission of a prohibited act with respect to a patented invention without permission from the patent holder. Permission may typically be granted in the form of a license. The definition of patent infringement may va ...

and cross licensed their patents and synthetic routes. In 1934, DuPont purchased the Commercial Pigments Corporation's 30 percent stake in the company for $7,420,000. In 1935 Phelps was named the assistant general manager. It then became a wholly owned subsidiary of

. DuPont then called it the "Krebs Pigments Department" and by 1942 it became just the "Pigments Department". DuPont then

liquidated Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are re ...

all Krebs Pigment and Color Corporation's assets and transferred them to the DuPont Company.

References

{{reflist, 30em Chemical companies of the United States DuPont subsidiaries Chemical companies established in 1902 1902 establishments in Delaware Manufacturing companies disestablished in 1935 1935 disestablishments in Delaware 1929 mergers and acquisitions