He became president of Borden Chemical in 1954, executive vice president of Borden in 1964, and president and chief executive in 1967.

Borden Chemical is now owned by Apollo Management, a private investment firm, and Borden's food and dairy businesses have been divided and sold to various companies.

Previous owners include Borden Chemical, Smith-Douglas and Browne Gregg.

It operated the plant until 1987 when it transferred to Borden Chemicals and Plastics Operating Limited Partnership.

The report listed as root causes, that Formosa-IL and Borden Chemical "did not adequately address the potential for human error.

In July 2004, KKR agreed to sell its stock in Borden Chemical to Apollo Management for $1.2 billion.

In 2004, KKR sold Borden Chemical to Apollo Management, a private equity firm.

"Apollo Buys Borden Chemical for $649 Million."

Eventually, what was left was Borden Chemical.

And on Tuesday, a deal was announced to sell Borden Chemical to Apollo Management for $649 million.