Background Information:
Union Carbide Corporation is a corporation or a wholly owned subsidiary of Dow Chemical; it is the producer of chemicals and polymers that undergo more than one conversion before it reaches the consumers. The company employs over 2400 people. The markets that are served by these products include paints and coatings, packaging, cable and wire, household products, personal care, automotive, textiles, agriculture, oil, gas and pharmaceuticals. The Union Carbide Corporation is a earlier constituent of the Dow Jones Industrial Average.
The company had found a cost-effective way to produce ethylene from naturally found gas and liquids, such as propane and ethane. This ...