Krebs Pigments and Chemical Company
Krebs Pigments and Chemical Company was founded in 1902 by Henrik J. Krebs and was a manufacturer of lithopone and titanium dioxide.[1][2][3]
History
The company was founded in 1902 by Henrik J. Krebs in Newport, Delaware.[4][1] After the death of Krebs in 1929 the company was purchased by DuPont.[2][5]
In 1931 DuPont formed a joint venture with Commercial Pigments Corporation to scale up titanium dioxide production for use as a white pigment, to compete against National Lead.[6] The joint venture was named the Krebs Pigment and Color Corporation.[1][7]
By 1933 National Lead and DuPont ended their patent litigation 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.[8] In 1935 Phelps was named the assistant general manager.[3] It then became a wholly owned subsidiary of DuPont. DuPont then called it the "Krebs Pigments Department" and by 1942 it became just the "Pigments Department".[9][1][3] DuPont then liquidated all Krebs Pigment and Color Corporation's assets and transferred them to the DuPont Company.[1]
References
- 1 2 3 4 5 "Krebs Pigment & Chemical Company". DuPont. Retrieved 2011-10-24.
Founded in 1902 by Henrick J. Krebs, Krebs Pigments and Chemical Company produced lithopone, a widely used white paint pigment also manufactured by DuPont. But Krebs' company had another asset of special interest to DuPont. ...
- 1 2 "90 Years with PCI: A Retrospective In the 1910s". Paint and Coatings Industry. January 1, 2004. Retrieved 2011-10-24.
DuPont traces its beginnings in the TiO2 marketplace to its 1920's acquisition of the Krebs Pigment & Chemical Company of Newport, DE, a purchase designed to strengthen DuPont’s position in the pigments market. Founded in 1902, Krebs Pigments and Chemical produced lithopone, a widely used white-paint pigment also manufactured by DuPont. ...
- 1 2 3 "The Wall Street of Chemistry". Chemical and Engineering News. American Chemical Society. 1940. Retrieved 2011-10-24.
The Krebs pigments are divided into three major classes — pure titanium dioxide, extended titanium pigments, and lithopones. ...
- ↑ John A. Munroe. History of Delaware. p. 188.
The latter company was founded in Delaware by a Danish immigrant, Henrik J. Krebs. Its factories at Newport and Edge Moor are now (1978) the only Du Pont ...
- ↑ "Krebs Pigments & Chemical Co.". Hardware Age. 1929. Retrieved 2011-10-24.
Krebs Pigments & Chemical Co. was sold to duPont organization with the approval of the officers and representatives of a large majority of the stockholders of the Krebs Pigment & Chemical Co., Newport, Del., manufacturer of "Ponolith," ...
- ↑ "New Color Firm Being Organized by The DuPonts". Associated Press. July 10, 1931. Retrieved 2011-10-24.
A new company to be known as Krebs Pigments & Chemical corporation is being organized jointly by the Du Pont Co. and its affiliated organization, the Grasselli Chemical and the Commercial ...
- ↑ "Form New Joint Subsidiary to Consolidate Their Pigment Divisions". Wall Street Journal. July 10, 1931. Retrieved 2011-10-24.
Commercial Solvents Corp., E.I. du Pont de Nemours & Co., and its affiliated company, the Grasselli Chemical Co. are jointly forming a new company to be known as the Krebs Pigment & Color Corp. ...
- ↑ "Commercial Solvents Sells Interest in Pigment Unit". Wall Street Journal. December 24, 1934. Retrieved 2011-10-24.
Arrangements have been completed for the purchase on or before December 31 by E.I. du Pont de Nemours Co. from the Commercial Solvents Corporation of the latter's 30% interest in the Krebs Pigment & Color Corp. The amount to be received for the stock is $7,420,000.
- ↑ "Krebs Pigments". Paper Mill News. Paper Industry Management Association. 1942. Retrieved 2011-10-24.
... heretofore been a wholly owned subsidiary of EI du Pont de Nemours & Company and the selling agent of its Krebs Pigments Department, will be taken over by the latter. At the same time the name will be changed to Pigments Department. ...