Evening star., 1956-03-26
RUBBER PRODUCING FACILITIES Disposal COMMISSION
Imitation for Proposals

Pursuant the Rubber Producing Facilities Disposal Act of
1858 (67 Stat 40S) Act and Public Law 433, S4h Con-
greS End Session, approved March 2 1885, the Rubber
Producing Facilities Disposal Commission announces that
will receive written proposals for the purchase lease Of
(a) The facility Louisville, Kentucky, for the
facture of butadiene from alcohol; and
90 Equipment Baltimore, Maryland used in the
manufacture of catalyst for the production of
buiadiene from alcohol.
Contracts between the Commission and various parties
for the sale of 26 of the Governmentowned rubber pro-
ducng facilities have become fully effective within the past
year The Louisville facility and the caayst manufacturing
equipment WILL therefore, when sold leased become part
OF recently established private synthetic rubber industry.
Detailed descriptive brochures relating to the Louisville
facility and the catayst manufacturing equipment may be
obtained upon application to the Commission.
The Act and Public Law 49, Saith Congress- End Session.
prescribe in detail as well generally procedra and sub
stanve standards pursuant which the disposal of the
Louisville facility and the catayst manufacturing equipment
is to be effected To facilitate compliance with these stand
ards the Disposal Commission has prepared Instructions for
the Submission of Proposals which set forth the require
ments of the Commission with respect to such proposals
Copies of the Instructions will be available upon application
to the Commission
Subject the foregoing the following additional infoma
ton concerning the program of sale is announced:
ALCOHoL-BUTADIENEP PLANT, LOUISVILLE, KENTUCKY.
This facility designated Pancor 1907 produces butadiene
from ethyl alcohol. 1t has annual capacity of $1,000
short tons and presently leased from the Government by
Pubicker Industries Inc. This lease will expire April a.
1888 Copies of the lease available upon application
the Commission. Proposals for purchase lease may be
made subject to the existing lease may be conditioned
upon negotiation with the lessee of earlier termination
date
Proposals for the purchase lease of this facility shall
be in writing and may be submitted at any time through
April 9, 1885, at the Office of the Commission, 81 Ver
mont Avenue, N w. Washington IS, D. c. As condition
to sale lease the Commission must be satisfied that the
prospective purchaser lessee actually intends operate
the facility for the purpose of manufacturing buadene The
purchaser must also agree to comply with the of
National Security Clause having terms, conditions,
srconS and reservations which will assure the prompt
availability of the facility facility of equivalent capacity,
for the production of butadene for period of 10 years
from the date the facility transferred the purchaser
Proposals for purchase shall provide for the payment of
not less than $50 of the purchase price in cash. the unpaid
balance may be financed by first lien purchase money
mortgage maturing in not than 10 years and providing
for periodic amortization (amorzation in equal annual
insalments is not equired) The interest upon the
balance of the purchase price represented by the mortgage
shall be 40 per annum, payable semannualy.
Proposals for purchase shall be accompanied by deposit
HOLMAN D. PETTIBoNE
LESLIE r ROUNDS RUBBER
EVERETT R. Cook
Dated: March 26, 1856.