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He was the recipient of GE's first Steinmetz Award in 1973, a recognition of their top scientists. He was the youngest living person to be inducted into the Plastics Hall of Fame in 1976. He held 44 patents. He developed LEXAN, a strong and useful thermoplastic products, that is credited with kicking off the thermoplastics business.
The former GE Plastics division was sold in August 2007 and is now SABIC Innovative Plastics. On May 4, 2008, it was announced that GE would auction off its appliances business for an expected sale of $5–8 billion. [211] However, this plan fell through as a result of the recession. [212]
As of 2014, SABIC Innovative Plastics [21] is a multibillion-dollar company with operations in more than 25 countries and over 9,500 employees worldwide. [ 17 ] In July 2009, SABIC received approval from the Chinese government to build a US$ 3 billion petrochemical complex in China, in order to gain a foothold in the world's fastest-growing ...
GE-Aviation acquires Smiths Aerospace for £2.4 billion 2007 GE Oil & Gas acquires Vetco Gray for US$1.9 billion. [19] [20] 2007 GE Plastics is sold to SABIC for US$11.6 billion. [21] 2008 GE Oil & Gas acquires Hydril Pressure & Control for US$1.12 billion from Tenaris, who retains possession of Hydril Premium Connections. [22] [23] 2008
The U.S. Environmental Protection Agency (EPA) designated the Pittsfield plant and several miles of the Housatonic as a Superfund site in 1997, and ordered GE to remediate the site. EPA and GE began a cleanup of the area in 1999. [3] GE demolished some buildings on the 324 acres (1.31 km 2) site in the 1990s. Other buildings were demolished ...
Polyetherimide (PEI; branded as Ultem [1]) is an amorphous, amber-to-transparent thermoplastic with characteristics similar to the related plastic PEEK.When comparing PEI to PEEK, the former is cheaper but has lower impact strength and a tighter temperature range.
The NORYL family of modified resins consists of amorphous blends of polyphenylene oxides (PPO) or polyphenylene ether (PPE) resins with polystyrene.They combine the inherent benefits of PPE resin (affordable high heat resistance, good electrical insulation properties, excellent hydrolytic stability and the ability to use non-halogen fire retardant packages), with excellent dimensional ...
Immelt at the U.S. Climate Action Partnership in January 2007. Immelt joined General Electric in 1982, working in GE's plastics, appliances, and healthcare businesses. He became a GE corporate officer in 1989, joined the GE Capital board in 1997 [14] and took the reins of the corporate leadership of GE Healthcare [citation needed] before assuming his position as CEO in 2001.
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