Formerly | The Gulf Sulphur Company |
---|---|
Industry | Sulfur mining |
Founded | December 23, 1909 in Texas, United States |
Defunct | 1981 |
Fate | Acquired by Elf Aquitaine |
Headquarters | Texas , United States |
Areas served | Texas, St. Louis, Mexico, Ethiopia, Ontario |
Key people | Seeley W. Mudd (president 1916-) |
Products | Sulfur |
Owners | Elf Aquitaine since 1981 |
Subsidiaries | Cia. Exploradora del Istmo, S.A., Texas Africa Exploration Company |
The Texas Gulf Sulphur Company was one of the largest sulfur mining companies in the world from 1919 to 1981. By 1925 the company controlled 40% of the U.S. sulfur market.[1] It was formed in 1909 and acquired in 1981, after expanding across the United States from Texas into Mexico, Canada, and Ethiopia.
SEC v. Texas Gulf Sulphur Co in 1981 was the first insider trading case on the federal level in the country.[2]
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