Another major rubber company has started acquisition of facilities which may eventually be used for the production of synthetic rubber.
The Goodrich Rubber Ca. has announced that construction is to be begun on a new U.S. $70,000 addition to its Akron plants. Ground was broken on Feb. 20, the company announced, for a section in which the company's chemical facilities will be expanded, It has been reported that the Goodrich interests have opened negotiations with the Standard Oil Ca. of New Jersey for use of the latter's process for making "Buna" synthetic rubber. Company ófficials have declined to comment on this report. The company is also reported to be planning to experiment with production of Koroseal, another synthetic rubber compound, The plant will provide room for processing machinery whose cost is now estimated at U.S. $100,000. The building will be finished within 90 days.
Standard Oil already has in work plans for a synthetic rubber plant, although company officials have denied that the project is one for immediate execution—Havas.
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