In 1926 two companies (GM and Standard Oil) held the key patents for leaded gas. They formed Ethyl Corp. with each holding 50% of the new company so one company had the patents and could make the lead additive for gas. They licensed the technology to DuPont to actually make the chemicals. The TEL plants had a serious problem with worker illnesses and deaths.
After the patents ran out leaded gas became a generic commodity but Ethyl still dominated the business.
After the patents ran out leaded gas became a generic commodity but Ethyl still dominated the business.
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