Krebs Pigments and Chemical Company

Last updated
Krebs Pigments and Chemical Company
Founded1902

Krebs Pigments and Chemical Company was founded in 1902 by Henrik J. Krebsand was a manufacturer of lithopone and titanium dioxide. [1] [2] [3] Following Krebs death it would be purchased by DuPont and eventually liquidated simply becoming a part of DuPont.

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. [9] 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". [10] [1] [9] DuPont then liquidated all of Krebs Pigment and Color Corporation's assets and transferred them to the DuPont Company. [1]

References

  1. 1 2 3 4 5 "Krebs Pigment & Chemical Company". DuPont. Archived from the original on 2011-05-11. Retrieved 2011-10-24.
  2. 1 2 "90 Years with PCI: A Retrospective In the 1910s". Paint and Coatings Industry. January 1, 2004. Retrieved 2011-10-24.
  3. ↑ "The Wall Street of Chemistry". Chemical and Engineering News . American Chemical Society. 1940. doi:10.1021/cen-v018n011.p516 (inactive 12 July 2025). Retrieved 2011-10-24.{{cite journal}}: CS1 maint: DOI inactive as of July 2025 (link)
  4. ↑ John A. Munroe (2006). History of Delaware. University of Delaware Press. p. 188. ISBN   9780874139471.
  5. ↑ "Krebs Pigments & Chemical Co". Hardware Age. 1929. Retrieved 2011-10-24.
  6. ↑ "New Color Firm Being Organized by The DuPonts". Associated Press . July 10, 1931. Retrieved 2011-10-24.
  7. ↑ "Form New Joint Subsidiary to Consolidate Their Pigment Divisions". Wall Street Journal . July 10, 1931. Archived from the original on July 13, 2012. Retrieved 2011-10-24.
  8. ↑ "Commercial Solvents Sells Interest in Pigment Unit". Wall Street Journal . December 24, 1934. Archived from the original on July 18, 2012. Retrieved 2011-10-24.
  9. 1 2 "Necrology". Chemical and Engineering News . Vol. 23, no. 16. American Chemical Society. 1945. pp. 1453–1454. doi:10.1021/cen-v023n016.p1453.
  10. ↑ "Krebs Pigments". Paper Mill News . Paper Industry Management Association. 1942. Retrieved 2011-10-24.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.