Fact-checked by Grok 2 weeks ago

Engelhard

Engelhard Corporation was an American multinational corporation and leading refiner of precious metals, including , silver, , and , founded in 1902 in , by The company expanded under the leadership of , who transformed it into a global powerhouse through acquisitions, mining interests, and innovations in industrial applications such as catalytic converters and coinage production. Engelhard became renowned for its high-purity products, particularly silver bars that remain highly sought after by collectors for their craftsmanship and in the precious metals market. The firm played a pivotal role in the post-World War II precious metals industry, securing supplies from international sources including South African mines and developing refining techniques that supported automotive emissions control technologies. By the early 21st century, it had achieved status before being acquired by in 2006 for approximately $5 billion, after which its precious metals operations continued under BASF's management. The corporation's legacy endures in the numismatic community, where Engelhard-branded ingots symbolize reliability and quality in physical precious metals investment, with recent efforts to revive the brand for new products underscoring its lasting influence.

Founding and Leadership

Origins and Charles Engelhard Sr.

Charles W. Engelhard Sr., a German immigrant from , arrived in the United States in 1891 as a sales representative for a European platinum firm, marking the initial roots of what would become a major precious metals enterprise. He began investing in American precious metals companies, focusing on refining and fabrication of , , and silver, which laid the groundwork for subsequent expansion. These early activities capitalized on growing industrial demand for precious metals in , jewelry, and electrical applications during the late 19th and early 20th centuries. In 1902, Engelhard Sr. formally established the business by acquiring the Charles F. Croselmire Company, a small refiner based in , which specialized in precious metals processing. Under his leadership, the firm—initially operating under variations of his name—grew into a key player in refining, importing raw materials and producing finished products for American industries. By emphasizing in sourcing and refining, Engelhard Sr. positioned the company to meet rising needs for high-purity metals amid and technological advancement. Engelhard Sr.'s strategic focus on platinum, a metal critical for early automotive and chemical uses, differentiated the enterprise from competitors reliant on or silver alone. His operations remained centered in until the post-World War I era, when family succession began transitioning management. The founder's death in the 1920s—though exact date unverified in primary records—left a legacy of entrepreneurial acumen in a nascent sector, enabling the company's survival through economic volatility.

Expansion under Charles Engelhard Jr.

Charles Engelhard Jr. assumed control of the family enterprises, including Engelhard Hanovia and Engelhard Minerals & Chemicals Corporation, following his father's death on December 7, 1950. Under his leadership, the business expanded from domestic precious metals refining into a multinational with operations in , chemicals, and applications across 50 countries. In 1957, Engelhard partnered with of Anglo American Corporation to acquire Central Mining and Investment Corporation for $3.5 million, securing a 30% stake in Rand American Investments Limited and control over South African assets valued at $500 million. This deal marked a pivotal entry into large-scale and in . The following year, on January 1, 1958, he consolidated nine operating companies into Engelhard Industries, Inc., taking the firm public on the with initial annual sales of $173 million; the new entity also established the American-South African Investment Company Limited, holding $34 million in assets. Further growth included the 1961 acquisition of two gold mines from Kennecott Copper Corporation for $17 million, integrated into the Rand Selection Corporation. In 1963, Engelhard acquired a 20% interest in the newly formed Minerals & Chemicals Philipp Corporation (MCP) through a stock exchange, providing entry into base metals trading and chemicals with MCP reporting $447 million in sales by 1964. This culminated in the September 1967 merger of Engelhard Industries with MCP, forming Engelhard Minerals & Chemicals Corporation (EMCC), where the Engelhard family retained 40% ownership and diversified into catalysis for petroleum refining, nitric acid production, and applications in automotive, electronics, and aerospace sectors. These moves transformed Engelhard into the world's largest refiner and fabricator of platinum-group metals, gold, and silver. Engelhard died of a heart attack on March 2, 1971, at age 54, leaving the company positioned for continued expansion, with EMCC sales reaching $2 billion by 1972.

Core Business Segments

Precious Metals Operations

Engelhard Corporation's precious metals operations centered on the refining, fabrication, and trading of platinum group metals, gold, and silver, positioning the company as a dominant force in the industry by the mid-20th century. Originating from the 1902 founding by Charles W. Engelhard Sr., who consolidated earlier refineries such as Baker & Co. for platinum and Irvington Smelting for gold and silver, these activities focused initially on industrial and decorative applications like dentistry and ornamentation. By the 1930s, Engelhard secured exclusive U.S. dealership for International Nickel Company's (Inco) platinum supplies, enhancing its refining capabilities and market access. Refining operations were conducted at facilities including those in , producing high-purity and alloys for diverse uses. The company fabricated products such as and silver sheets, tubes, wires, and mill-form alloys, alongside bars ranging from 1 gram to 1000 ounces in and various silver denominations like 100-ounce ingots. In 1957, precious metals sales reached $173 million, comprising over $60 million from platinum, $32 million from , and $55 million from silver, underscoring Engelhard's leadership in volume and value. Trading expanded significantly through the 1963 acquisition of a 20% stake in Minerals & Chemicals Philipp, which integrated Philipp Brothers' global ore trading network and propelled metals trading revenues to $5 billion by 1974. Operations extended internationally, with facilities established in the 1950s to capitalize on exports and resources, operating the largest platinum fabrication plant outside at one point. These efforts solidified Engelhard's role as the world's largest refiner and fabricator of platinum metals, , and silver prior to its diversification into catalysts.

Catalysts and Specialty Chemicals

Engelhard's Specialty Chemicals division, reorganized in 1985 to consolidate all catalytic operations, focused on developing and supplying process catalysts for industrial applications, including materials used in to convert heavy hydrocarbons into lighter products like . These catalysts enabled efficient cracking of high-boiling-point feedstocks, with innovations in the targeting high-octane production and processing of heavy crude oils. The division also produced catalysts for , such as platinum- and rhodium-based systems for manufacturing introduced in the 1930s, and supported processes through specialized catalytic agents, though specifics on food applications remained tied to broader organic chemical processing. Key advancements included heavy feedstock catalysts tailored for refineries in the and molecular sieve technologies for water filtration, reducing contaminants in household and industrial . To expand capabilities, Engelhard acquired Solvay Catalysts in 1994 and Catalyst Resources Inc. in 1998 for $210 million, the latter enhancing manufacturing catalysts. Joint ventures, such as Acreon Catalysts with Procatalyse in 1992 and with W.R. Grace in 1995, further broadened process catalyst offerings for refining and . Research and development, initiated in the early 1930s in collaboration with , drove these efforts, with annual R&D investments supporting innovations like technologies acquired through partnerships in the . Beyond catalysts, the division manufactured specialty chemicals such as pigments and additives for paints, plastics, and paper coatings, with pearlescent pigments bolstered by the 1996 acquisition of Mearl Corporation for $272.7 million. These products served markets including and personal care, expanded via acquisitions like The Collaborative Group in 2004 for ingredients. In 1989, the catalysts and chemicals segment generated $450 million in sales and $43 million in profits, reflecting strong performance in pigments and additives subsectors totaling $360 million in sales and $53 million in profits. This diversification positioned Engelhard as a key player in non-metals chemical technologies until its integration into following the 2006 acquisition.

Mining and Diversification

Engelhard Corporation pursued mining as a core diversification strategy to vertically integrate its precious metals , reducing dependence on external suppliers amid post-World War II demand for and metals. Under Charles W. Engelhard Jr., who assumed leadership in 1950 following his father's death, the company shifted from refining toward upstream ownership, particularly in , where it sought direct access to high-grade ore deposits. This approach capitalized on 's dominant position in global and platinum production, enabling Engelhard to control extraction and secure raw materials for its U.S.-based refining operations. In 1957, Engelhard partnered with South African mining magnate to acquire a 30% stake in Rand American Investments Limited for $3.5 million, gaining effective control of 12 mines and associated assets valued at roughly $500 million. As chairman of Rand Mines, a principal , Engelhard directed expansions into complementary sectors, including processing, extraction, and refining, thereby broadening the company's mineral portfolio beyond to industrial feedstocks. These holdings positioned Engelhard to influence an estimated 15% of South Africa's total output by the late . To navigate South African export controls on raw , Engelhard established the Development and of , Ltd., in during the 1950s, which purchased mine output and recast it into exportable forms such as statues, jewelry, and religious artifacts destined for remelting in . Complementing this, the American-South African Ltd. was incorporated in 1958 with $34 million in initial assets, facilitating the listing and trading of South African stocks on the to attract U.S. capital. In 1961, Engelhard further consolidated its position by purchasing two mines from Kennecott Copper Corporation for $17 million and integrating them into Selection Corporation, a with Oppenheimer interests. This diversification mitigated refining risks from volatile commodity prices and geopolitical supply disruptions while generating standalone revenue from ore sales and processing. By the , as Engelhard restructured into specialty metals and chemicals divisions, its South African mining stakes continued underpinning precious metals operations, though they drew scrutiny for ties to the region's labor and political systems. The strategy underscored Engelhard's evolution from a U.S. refiner into a multinational player, with mining assets contributing to long-term stability amid fluctuating global demand.

Technological Innovations

Catalytic Converter Pioneering

Engelhard Corporation pioneered the development of the , a device that simultaneously oxidizes (CO) and hydrocarbons (HC) while reducing (NOx) in exhaust, enabling compliance with stringent U.S. emissions standards. In the early 1970s, chemical engineers Carl D. Keith and John J. Mooney at Engelhard led the effort, leveraging the company's expertise in precious metals to create a viable production system using , , and as key components. This innovation addressed the U.S. Clean Air Act of 1970, which mandated a 90% reduction in CO, HC, and NOx emissions for new vehicles by the 1975 model year. The first production catalytic converter was developed by Engelhard in 1973, marking a breakthrough after earlier two-way converters proved insufficient for control due to high operating temperatures and . Engelhard's team overcame these challenges through proprietary formulations and substrate designs, including pellet beds that withstood automotive conditions, and publicly advocated for the technology's efficacy in despite from automakers regarding and cost. By 1975, Engelhard's converters were integrated into millions of vehicles from major manufacturers like , , and , reducing U.S. automotive emissions by an estimated 90% for targeted pollutants and preventing billions of tons of pollutants annually. Engelhard's pioneering extended beyond initial deployment, with ongoing refinements such as metallic substrate converters in joint ventures like the 1995 partnership with W.R. Grace, which improved and reduced light-off times for faster emissions control. The company's catalysts captured over 90% for total hydrocarbons in engine-out tests, setting benchmarks that influenced global standards. This work earned and recognition, including the National Medal of Technology in 2013, underscoring Engelhard's role in transforming exhaust aftertreatment from experimental to essential.

Other Product Developments

In addition to its catalytic converter advancements, Engelhard pioneered pearlescent and effect pigments through strategic acquisitions and internal development. In May 1996, the company acquired Mearl Corporation for $272.7 million, gaining expertise in pearlescent pigments and iridescent films used in automotive coatings and , which enhanced in high-end applications. That same year, Engelhard formed a , Engelhard-Highland, in to produce high-performance color pigments tailored for regional markets. By 2000, it introduced the Santa Fe™ series of mica-based special-effect pigments, capable of displaying two distinct colors depending on viewing angle, targeted at paints and coatings for aesthetic enhancement. Engelhard also innovated in environmental and sensing technologies. During the , it launched a water filter designed to significantly reduce contaminants in household by selectively adsorbing impurities at the molecular level. In 1994, the company partnered with ICC Technologies to develop desiccant-based systems for , enabling efficient moisture removal without ozone-depleting refrigerants, which supported early sustainable HVAC solutions. For sensing applications, Engelhard acquired Telaire Systems in 1996—later renamed Engelhard Sensor Technologies—to produce gas sensors for detecting and other gases in and . Earlier contributions included precious metals applications in processes. In , Engelhard introduced platinum spinnerettes for extruding synthetic fibers in textiles, improving durability and precision in filament . The company also developed platinum-rhodium catalysts for in collaboration with , a process adopted widely in the for its efficiency in oxidation reactions. These efforts extended to paper coating agents and specialty pigments for plastics and paints, generating $53 million in profits from $360 million in sales by 1989, reflecting diversified chemical innovations beyond core refining.

Corporate Evolution

Merger with Philipp Brothers and Phibro Spinoff

In 1963, Engelhard Minerals & Chemicals Corporation acquired a 20% interest in Minerals & Chemicals Philipp (MCP), a partnership formed for processing and refining, alongside an interest in the trading firm Philipp Brothers, under advisement from Lazard Frères. This positioned Engelhard to expand into global commodities trading and mineral processing. By 1967, the relationship deepened through a full merger, approved by stockholders on September 27, when Engelhard Minerals & Chemicals merged with Philipp Brothers/Minerals & Chemicals Corporation of America (MCCA), integrating the trading powerhouse into Engelhard's operations. At the time, the two entities were roughly equal in size, with Philipp Brothers specializing in non-ferrous metals trading and sourcing, complementing Engelhard's refining and manufacturing strengths. Post-merger, Philipp Brothers experienced explosive growth amid surging commodity prices in the 1970s, particularly in metals like and metals, outpacing Engelhard's core industrial divisions. By 1980, Philipp Brothers accounted for a significant portion of Engelhard's revenues, with trading volumes reaching billions, but its high-risk, capital-intensive model diverged from Engelhard's focus on catalysts, chemicals, and refining. This imbalance prompted strategic separation; on March 31, 1981, Engelhard announced plans to divide operations, spinning off Philipp Brothers as an independent entity named Corporation, headquartered in . The , completed in June 1981, allowed Phibro to retain about 28% of Engelhard's shares while freeing Engelhard to concentrate on its industrial segments, renamed Engelhard Corporation. The transaction valued Phibro at over $1 billion, reflecting its dominance in global metals trading, and analysts noted it as a response to Philipp Brothers' rapid expansion, which had shifted Engelhard's risk profile toward volatile commodities markets. Engelhard retained key refining assets, such as and processing, while pursued aggressive expansion, later acquiring in 1981. This divestiture marked a pivotal refocus for Engelhard on stable, technology-driven businesses, enabling subsequent growth in environmental catalysts amid tightening emissions regulations.

Late 20th-Century Growth

Following the 1981 of , which separated trading operations from core manufacturing, Engelhard Corporation refocused on precious metals refining, catalysts, specialty chemicals, and pigments, achieving $2 billion in sales by 1983, with 85 percent derived from precious metals activities. This restructuring enabled targeted expansion in high-margin segments, as minerals and chemicals contributed 60 percent of despite comprising a smaller sales share. Acquisitions drove inorganic growth throughout the decade. In 1985, Engelhard purchased Freeport Kaolin Company from Freeport-McMoRan Inc. for $100 million, bolstering its kaolin clay operations for pigments and fillers used in paper, ceramics, and coatings. By 1988, the company acquired the Harshaw/Filtrol Partnership's businesses, enhancing its catalyst portfolio for petroleum refining and chemicals processing. These moves diversified revenue streams amid volatile precious metals prices, with 1989 reaching $2.05 billion across segments: $1.6 billion from precious metals, $450 million from catalysts and chemicals (yielding $43 million in ), and $360 million from pigments and additives ($53 million ). The early saw revenue peak at $2.93 billion in 1990, supported by demand for automotive amid stricter emissions regulations. Engelhard expanded internationally, acquiring the remaining 50 percent stake in its subsidiary Kali-Chemie in and Solvay Catalysts in 1994, followed by reorganizations that consolidated seven sites for . Joint ventures complemented this, including Engelhard and Acreon Catalysts in for advanced emission control technologies. Into the mid-1990s, growth accelerated through further deals and product innovation. The 1996 acquisition of Mearl Corporation for $272.7 million strengthened pearlescent pigments for cosmetics and coatings, pushing annual revenue to $3.18 billion. Additional partnerships, such as with W.R. Grace in 1995 for catalyst recovery and N.E. Chemcat in in 1996, extended market reach in . By 1998, Engelhard acquired Catalyst Resources from Inc. for $210 million, further solidifying its position in refining catalysts. These efforts sustained expansion despite periodic challenges, including a $160 million charge in 1989 for workforce reductions.

Acquisition and Integration

BASF Takeover in 2006

In January 2006, BASF Aktiengesellschaft launched an unsolicited hostile takeover bid for Engelhard Corporation, offering $37 per share in cash for all outstanding shares, valuing the equity at approximately $4.9 billion. The bid aimed to bolster BASF's position in catalysts and precious metals refining, sectors where Engelhard held significant market share, by combining complementary technologies in automotive emissions control and chemical processing. Engelhard's board initially rejected the offer as undervaluing the company, prompting to pursue a through its Iron Acquisition Corporation on January 9, 2006, while increasing pressure through multiple bid revisions amid . In response, Engelhard explored defensive measures, including a proposed recapitalization in April 2006 to repurchase shares and deter the bid, but faced pushback favoring BASF's . BASF raised its offer progressively, reaching $39 per share by late May, though the final negotiated terms settled at an effective $38 per share after adjustments. A definitive merger agreement was signed on May 30, 2006, valuing the deal at about $5 billion in equity, or $5.6 billion including assumed debt, marking one of the largest cross-border acquisitions at the time. The transaction cleared U.S. antitrust review under the Hart-Scott-Rodino Act without major divestitures, reflecting limited overlap in core businesses despite both firms' catalyst operations. completed the acquisition on June 12, 2006, acquiring 100% of Engelhard's shares for roughly $4.8 billion (€3.8 billion), after which Engelhard operated as a before full integration. The enhanced 's global leadership in emission control catalysts, leveraging Engelhard's expertise in metals applications.

Post-Acquisition Operations

Following the completion of the acquisition on June 6, 2006, integrated Engelhard's operations into its global structure, forming a new Catalysts division that combined 's existing capabilities with Engelhard's expertise in environmental, process, and automotive catalysts. This integration was finalized by November 2006, with one-time costs estimated at approximately €100 million and projected annual synergies of $200 million by 2010, half of which were anticipated by 2007 through operational efficiencies and optimizations. The process included the elimination of about 800 positions to streamline overlapping functions, emphasizing growth in catalyst technologies over mere cost-cutting. Engelhard's business units were rebranded under , starting in the United States in August , with global rollout to unify operations and leverage Engelhard's over 120 years of experience in process catalysts. This enabled accelerated , particularly in emission control and refining catalysts, positioning as a leading global provider. The Catalysts division contributed significantly to 's 2006 sales growth, with overall company revenues rising 23% to €52.6 billion, driven by enhanced product portfolios and customer applications in automotive and chemical processing sectors. Subsequent expansions included investments of approximately €16 million since 2006 in high-growth regions like for catalyst production capacity, alongside acquisitions such as BASF Catalysts LLC's purchase of assets from in December 2006 to bolster refining catalyst offerings. By 2015, the division established a new global headquarters in Iselin, —Engelhard's former base—to centralize operations and sustain innovation in environmental and process catalysts. These efforts integrated Engelhard's technologies into 's broader portfolio, fostering combined R&D for superior performance products while maintaining focus on market expansion in emission reduction and industrial applications.

Regulatory and Environmental Aspects

Engelhard Corporation faced environmental compliance challenges stemming from its chemical manufacturing and operations, including violations and site contaminations requiring regulatory remediation. In 2001, the company was assessed a $25,000 penalty by the Department for for solid waste violations at a facility. Similarly, in 2008, a $25,000 fine was imposed for infractions under its subsidiary operations, reflecting ongoing issues with disposal practices amid stricter EPA oversight of industrial effluents and byproducts from catalyst production. A major compliance and legal controversy involved asbestos contamination in Engelhard's Emtal talc products sourced from its Eastern Magnesia mine in , used extensively in tire and rubber manufacturing. Internal tests from the 1970s confirmed tremolite fibers in the , yet the company allegedly suppressed this data, leading to worker exposures linked to and lung diseases. A 1979 lawsuit featured testimony from three Engelhard employees acknowledging asbestos presence, prompting a confidential settlement, but subsequent evidence concealment by Engelhard and its counsel, , resulted in the dismissal of thousands of asbestos claims through the 2000s as plaintiffs lacked proof of contamination. Following BASF's 2006 acquisition of Engelhard, resurfaced documents in 2013—including depositions and reports hidden in law firm archives—revived litigation, with plaintiffs alleging fraud, civil conspiracy, and fraudulent concealment. By 2015, BASF faced approximately 300 U.S. lawsuits as Engelhard's successor, primarily from rubber industry workers and heirs claiming occupational exposure. In July 2020, BASF Catalysts LLC and Cahill Gordon agreed to a $72.5 million class-action settlement covering over 700 claimants for Emtal-related injuries, without admitting liability, to resolve claims spanning exposures from the 1940s to the 1990s. Engelhard's facilities also triggered state-level cleanups under laws like New Jersey's Environmental Cleanup Responsibility Act (ECRA), enacted after 1986 announcements of operational changes at contaminated sites such as Plainville, where nuclear and chemical activities released hazardous substances into and . The U.S. EPA pursued cost recovery for responses tied to Engelhard's discharges, underscoring persistent challenges in achieving full regulatory adherence for legacy pollution. Workplace safety lapses compounded issues, with OSHA issuing citations to Engelhard's Metals Division in 1988 for violations including inadequate hazard communication and protective measures, resulting in abatement petitions and settlements.

Environmental Technology Contributions

Engelhard Corporation contributed to through innovations in control systems for non-automotive applications, including and diesel engines. The company's Environmental Technologies division developed catalysts targeting pollutants from chemical plants, operations, and power generation, enabling cost-effective with regulations. These systems utilized precious metal-based catalysts to oxidize volatile organic compounds and reduce oxides. In diesel emission control, Engelhard advanced particulate matter reduction via catalytic filters and selective catalytic reduction (SCR) technologies, with development programs active by 2001. Its DPX® catalytic particulate filter, introduced for heavy-duty vehicles, achieved widespread adoption, retrofitting over 30,000 units globally by September 2002 to trap and oxidize at lower temperatures than passive filters. This technology supported retrofits without engine modifications, addressing urban air quality concerns from particulates. Engelhard also pioneered ozone-reduction systems, such as the PremAir® radiator catalyst developed with in 1995. This platinum-based coating converted to oxygen while vehicles were parked or moving slowly, with field tests demonstrating up to 90% ozone destruction under ambient conditions. In chemical manufacturing, Engelhard earned the U.S. Environmental Protection Agency's 2004 Presidential Challenge Award for Rightfit™ azo pigments. These pigments substituted like lead, , and with calcium, , or complexes, eliminating streams while maintaining color performance for applications in paints and plastics. The innovation reduced environmental hazards from pigment production by avoiding diazonium salt decompositions that generate sludge. Additionally, Engelhard developed advanced reforming catalysts for fuel cells in 2003, facilitating from or liquid gas with minimized byproduct formation, supporting cleaner energy conversion. These efforts collectively expanded beyond vehicular exhaust to broader abatement, influencing industrial practices prior to the 2006 BASF acquisition.

Economic and Societal Impact

Job Creation and Market Influence

Engelhard Corporation maintained a global workforce of approximately 6,500 employees in 2004, supporting operations in chemicals, materials processing, and environmental technologies across multiple continents. By 1996, the company reported 6,300 employees, reflecting steady employment amid expansions in catalyst production and precious metals refining. Growth through acquisitions and technological innovations, such as advancements in emission control systems, contributed to job creation in specialized and positions, with environmental regulations spurring further opportunities in compliance-related roles. In precious metals, Engelhard exerted significant influence via , trading, and production, leveraging the Philipp Brothers to drive revenues exceeding $5 billion by 1974, with over 80 percent derived from metals activities. The company held a substantial share of the U.S. silver and produced internationally traded bars and , enhancing and standards in global markets. Engelhard's dominance in catalysts shaped industries including petroleum refining, chemicals, and automotive emissions control, where it supplied leading products that minimized precious metal usage while meeting regulatory standards. Its pioneering work in catalytic converters influenced the adoption of cleaner technologies, indirectly bolstering market demand for specialized materials and fostering economic ripple effects through supply chain dependencies.

Legacy in Industry and Philanthropy

![Engelhard silver bar representing legacy in precious metals refining]float-right Engelhard Corporation's industrial legacy encompasses pioneering advancements in and precious metals processing. The company developed and introduced the first production for automobiles in 1973, enabling widespread adoption of technology that reduced vehicle emissions and influenced global environmental standards in the automotive sector. As a leading refiner, Engelhard produced internationally recognized bullion products, including and silver bars, which facilitated investor access to physical precious metals and established benchmarks for purity and in global markets from the early until its cessation of minting post-2006 acquisition. In 2025, BASF's Environmental Catalyst and Metal Solutions division, inheriting Engelhard's expertise, partnered with MKS PAMP Group to revive the Engelhard for classic bullion products, underscoring enduring market influence in and fabrication. Engelhard also supplied specialized catalysts for petroleum refining, chemical processing, and food industries, diversifying its impact across heavy manufacturing and contributing to efficiency gains in these sectors through proprietary formulations refined over decades. The corporation's operations, spanning mining, refining, and fabrication, positioned it as the world's largest precious metals firm by the late 20th century, with skills in marketing and research that supported broad industrial applications. In philanthropy, the Engelhard family established the Charles Engelhard Foundation following Charles W. Engelhard Jr.'s death in 1971, directing grants toward higher and , cultural institutions, , religious organizations, preservation, and efforts. The foundation, managed by family members, held assets of $57.8 million as of 2023 and disbursed $6.13 million in grants that year, prioritizing initiatives aligned with these foci without overt political advocacy. Charles Engelhard Jr. personally supported , including donations to , reflecting a commitment to that extended through family-led endowments. Additional family contributions included significant gifts to U.S. institutions, such as $25,000 to the in the 1960s, blending industrial wealth with civic and .

References

  1. [1]
    Engelhard Corporation - Mineral Exchange
    Dec 13, 2018 · Founded by Charles W. Engelhard, Sr. in 1902, Engelhard Corporation, an American Fortune 500 company, was once the world's largest multi-national precious ...
  2. [2]
    Engelhard - Graces Guide
    May 13, 2021 · 1902 Charles W. Engelhard, Senior, founded the company when he purchased the Charles F. Croselmire Company in Newark, New Jersey.
  3. [3]
    Engelhard Corporation - Company Profile, Information, Business ...
    Until 1971 the history of Engelhard Corporation was largely the story of Charles Engelhard Jr. The founder's son had the unusual good fortune to succeed in both ...
  4. [4]
    Charles W. Engelhard, Jr. - the Somerset Hills Historical Society
    Mar 25, 2024 · Engelhard Industries helped create precious-metal products including catalytic converters and U.S. coinage. The company operated at several ...
  5. [5]
  6. [6]
    Engelhard Corporation - Company-Histories.com
    Engelhard incorporated his firm, Precious Metals Development, in London in 1949, using the services of Robert Fleming & Co. At Fleming & Co. Engelhard met ...
  7. [7]
    Engelhard brand making a return to market - Coin World
    Aug 28, 2025 · The Engelhard brand of precious metals products is being revived, thanks to efforts by BASF Environmental Catalyst and Metal Solutions ...
  8. [8]
    The Walking Conglomerate - Sports Illustrated Vault | SI.com
    Charles Engelhard Sr. emigrated to the U.S. from Hanau in 1891 as the sales representative of a platinum firm. He invested in precious metals companies, ...
  9. [9]
    Engelhard - chemeurope.com
    Early history. The company was started by Charles W. Engelhard, Sr. in 1902 when he purchased the Charles F. Croselmire Company in Newark, New Jersey.Missing: origins | Show results with:origins
  10. [10]
    Engelhard Silver Bars - Golden Eagle Coins
    Aug 26, 2015 · Engelhard was founded in New Jersey in 1902 by Charles W. Engelhard Sr. when he purchased the Charles F. Croselmire Company out of Newark. He ...Missing: origins | Show results with:origins
  11. [11]
    All Engelhard
    Engelhard, Senior, founded the company in 1902, and continuing to German chemical company BASF's acquisition in 2006.Charles W. Engelhard, Jr. · AG | 1oz · Engelhard Corporation · AG | 100oz
  12. [12]
    Charles W. Engelhard, Jr.
    Philanthropist, and precious metals magnate, Charles William Engelhard Jr., was born February 15, 1917 and died March 2, 1971. He was the only son of ...
  13. [13]
  14. [14]
    Charles Engelhard, Industrialist and Turfman, Dies
    Mar 3, 1971 · Charles W. Engelhard, the multimillionaire precious‐metais industrialist and race horse owner, died today at his winter estate here. He was 54 years old.<|control11|><|separator|>
  15. [15]
    History of Engelhard Corporation - FundingUniverse
    Company History: Engelhard Corporation is a leading supplier of catalysts used in the petroleum, chemical, and food industries. An unusually diversified company ...
  16. [16]
    Goldfinger Buys a Library | News | The Harvard Crimson
    Oct 13, 1978 · Largely through his chairmanship and stock holdings in Rand Mines, Engelhard's interests controlled an estimated 15 per cent of South African ...
  17. [17]
    Engelhard Corp | Encyclopedia.com
    Engelhard incorporated his firm, Precious Metals Development, in London in 1949, using the services of Robert Fleming & Co. At Fleming & Co. Engelhard met Ian ...
  18. [18]
    Catalysts - BASF ECMS
    Engelhard introduced the first three-way conversion catalytic converters for automobiles. >91%. Total Hydrocarbons (THC) conversion rate >91% for engine ...
  19. [19]
    John Mooney revolutionized catalytic converter - Automotive News
    Jul 5, 2020 · The modern catalytic converter was the brainchild of two chemical engineers, John Mooney and his boss Carl Keith at Engelhard Corp in the ...Missing: history | Show results with:history
  20. [20]
    What Is a Catalytic Converter and What Does It Do?
    The first production catalytic converter was created in 1973 at Engelhard Corporation, and widespread use of the part began around 1975. How to Prevent ...
  21. [21]
    The History Of Catalytic Converter
    Mooney and Carl D. Keith at the Engelhard Corporation, creating the first production catalytic converter in 1973.
  22. [22]
    [PDF] CASE STUDY OF THE INNOVATION PROCESS ... - ROSA P
    It was a catalyst maker, Engelhard, which, in 1972, took the risk of publicly con- testing its customers' positions on the efficacy of converter technology.
  23. [23]
    John Mooney '55: Co-Inventor of the Three-way Catalytic Converter ...
    Oct 14, 2018 · John Mooney is the co-inventor of the three-way catalytic converter, a small exhaust-cleaning device that hangs beneath about 80 percent of automobiles.<|control11|><|separator|>
  24. [24]
    Engelhard: pigments | PCI Magazine
    Apr 25, 2000 · Engelhard Corp. has introduced a series of mica-based special-effect pigments, Santa Fe™ colors, that express two distinct colors, each of which ...
  25. [25]
    COMPANY NEWS; ENGELHARD TO DIVIDE OPERATIONS
    Apr 1, 1981 · In 1967, when Engelhard Minerals and Chemicals merged with Philipp Brothers, the two units were about equal in size. But by last year Philipp ...Missing: history | Show results with:history
  26. [26]
    AFTER THE COUP AT PHIBRO-SALOMON - The New York Times
    Aug 12, 1984 · Philipp Brothers was originally part of the Engelhard Minerals and Chemicals Corporation, but grew so rapidly when commodity prices surged in ...
  27. [27]
    NIMBLE COMMODITIES BROKER - The New York Times
    Aug 4, 1981 · ... spin off its billion-dollar Philipp Brothers trading division into a separate corporation called Phibro. With headquarters in New York ...
  28. [28]
    Engelhard Minerals and Chemicals Corp. Tuesday announced ... - UPI
    Mar 31, 1981 · Analysts said the commodity firm has been considering a spinoff of the industrial units for some time. Philipp Brothers Corp. would take over ...Missing: Phibro | Show results with:Phibro
  29. [29]
    Phibro to acquire Salomon Brothers - UPI Archives
    Aug 4, 1981 · Phibro is best known for its Philipp Bros. division, which was spun off by Engelhard Chemicals and Minerals last spring. About 28 percent of ...
  30. [30]
    History - Phibro LLC Commodities merchant investing
    1967 Philipp Brothers/MCCA merged with Engelhard Minerals and Chemicals (EMC). 1969 Anglo American purchases a controlling interest in EMC. 1981 Phibro ...
  31. [31]
    COMPANY BRIEFS - The New York Times
    ... 1985 ... Engelhard Corp., Edison, N.J., said it had completed the previously announced $100 million cash acquisition of Freeport-McMoran Inc.'s Freeport Kaolin Co ...
  32. [32]
    [PDF] News Release - BASF
    Jan 3, 2006 · We intend, in the near future, to commence a tender offer to purchase all of the outstanding shares of Engelhard for $37.00 per share in cash.
  33. [33]
    BASF Makes $4.9 Billion Hostile Bid for Engelhard
    Jan 3, 2006 · 21 and offered to raise its initial bid of $37 a share by $1. After Engelhard rebuffed the offer, BASF announced its hostile takeover bid today.Missing: completion | Show results with:completion
  34. [34]
    Engelhard Agrees To Be Acquired By BASF - C&EN
    May 31, 2006 · Including the assumption of Engelhard's debt, the deal is valued at $5.6 billion. The two signed a definitive agreement early on Tuesday.
  35. [35]
    Engelhard Schedule 14A dated 04-26-06 - SEC.gov
    On January 9, 2006, BASF, through its wholly-owned subsidiary, Iron Acquisition Corporation, made an unsolicited tender offer to acquire all of the outstanding ...
  36. [36]
    BASF Ups Bid For Engelhard Again - C&EN
    May 23, 2006 · BASF has upped the ante for Engelhard again, increasing its offer to acquire the New Jersey-based company by $1.00, to $39 per share.Missing: war | Show results with:war
  37. [37]
    Engelhard Plans Recapitalization to Fend Off BASF
    Apr 26, 2006 · Approval of the recapitalization plan completes a value-maximization process Engelhard's board authorized in January after determining BASF's ...
  38. [38]
    Engelhard board says yes to BASF's final bid | Business
    May 31, 2006 · The German chemicals group BASF has finally won the backing of the board of the US catalyst maker Engelhard for its $5bn-plus bid.Missing: completion | Show results with:completion
  39. [39]
    Ending Months of Resistance, Engelhard Accepts BASF Bid
    May 31, 2006 · Engelhard Corp agrees to be acquired by BASF of Germany for $5 billion; ends five months of resistance to merger agreement; deal is largest ...Missing: completion | Show results with:completion
  40. [40]
    news: BASF to acquire Engelhard - DieselNet
    Jun 1, 2006 · 1 June 2006. Germany's BASF Aktiengesellschaft announced that it signed a definitive acquisition agreement with Engelhard Corporation.
  41. [41]
    [PDF] BASF AKTIENGESELLSCHAFT (Form: 20-F, Filing Date
    Mar 14, 2007 · BASF concluded its acquisition of Engelhard Corp. on June 6, 2006, having spent $4.8 billion or approximately €3.8 billion for 100% of the ...
  42. [42]
    Fitch Upgrades Engelhard to 'AA-'/'F1+'; Outlook Negative
    Jul 12, 2006 · BASF completed its $5 billion acquisition of Engelhard on June 12, 2006. The ratings upgrade is supported by Fitch's expectations that BASF ...Missing: date value approval
  43. [43]
    [PDF] Shaping the Future - Corporate Report 2006 - BASF
    The new Catalysts division, formed after the acquisition of Engelhard Corporation, significantly contributed to this positive sales development.
  44. [44]
    Equity Stakes - All or Nothing? - BASF
    In 2006, BASF acquires the Engelhard Corporation. At that time, it has already built up more than 120 years of experience in process catalysts. Without them ...
  45. [45]
    BASF completes Engelhard integration - Cosmetics Business
    Nov 3, 2006 · Following its acquisition of Engelhard Corporation on 6 June, BASF has now completed the integration of the business into its global operations.
  46. [46]
    BASF Announces Full Engelhard Integration
    Nov 7, 2006 · The integration will lead to a reduction of about 800 positions, the majority of which will be in the United States. The one-time cost ...
  47. [47]
    BASF announces full Engelhard inte – Coatings World
    Following the recent acquisition of Engelhard Corp., BASF has announced the full integration of Engelhard into its global operations.
  48. [48]
  49. [49]
    BASF renames Engelhard BASF Catalysts - Plastemart
    Aug 4, 2006 · The integration process of Engelhard into the BASF Group has been accomplished with the registration of a new corporate name - BASF ...
  50. [50]
    BASF begins to rename Engelhard worldwide - chemeurope.com
    Aug 3, 2006 · BASF begins to rename Engelhard worldwide. Rebranding starts in United States with BASF Catalysts LLC. 03-Aug-2006. Advertisement.<|separator|>
  51. [51]
    [PDF] BASF's Catalysts Division: Driving Accelerated Growth
    Sep 5, 2012 · BASF catalysts plant in India. ▫ BASF invested ~€16 million to expand capacities in these high-growth regions since. 2006. ▫ Targeting €42 ...
  52. [52]
    [PDF] News Release - BASF
    Dec 11, 2006 · BASF Catalysts LLC, a wholly owned subsidiary formed by BASF after its acquisition of Engelhard Corporation in 2006, will acquire. Guilin ...
  53. [53]
    BASF's Catalysts division establishes new global headquarters ...
    Oct 14, 2015 · BASF's Catalysts division has announced the signing of a long-term occupancy lease for a new global headquarters facility at 33 Wood Avenue in Iselin, New ...
  54. [54]
    BASF Completes Acquisition of Engelhard Corporation
    Jun 13, 2006 · “Our customers will benefit from the accelerated development of products with superior performance through the combined R&D capabilities of our ...Missing: outcomes | Show results with:outcomes
  55. [55]
    basf | Violation Tracker - Good Jobs First
    CIBA Corporation, hazardous waste violation, 2008, AR-ENV, $25,000 ; ENGELHARD CORPORATION, solid waste violation, 2001, KY-ENV, $25,000.
  56. [56]
    Chemical Firm BASF and Its Law Firm to Pay $72.5M to Close ...
    Jul 24, 2020 · The cover-up began after a lawsuit filed in 1979 blamed the mesothelioma death of a tire worker on Engelhard talc. Engelhard settled in 1983 and ...
  57. [57]
    BASF Talc Settlement: $72.5M to Benefit Rubber Workers and Heirs
    Mar 6, 2023 · Plaintiffs accused Engelhard and Cahill of fraudulent concealment, fraud and civil conspiracy for hiding tests showing asbestos in the company's ...<|control11|><|separator|>
  58. [58]
    BASF Faces Legacy Lawsuits from Engelhard - CHEManager Online
    Sep 10, 2015 · BASF is facing around 300 lawsuits in the US as a legacy of its acquisition of catalyst manufacturer Engelhard in 2006.
  59. [59]
    Accused of hiding asbestos evidence, Cahill Gordon and chemical ...
    Jul 27, 2020 · But three Engelhard employees had disclosed the presence of asbestos in Emtal talc in a 1979 lawsuit. The wasn't disclosed to future plaintiffs ...
  60. [60]
    [PDF] Engelhard Corporation - NJ.gov
    Adetailed description of the most recent operations and processes at the industrial establishment organized in the form of a narrative report designed to ...
  61. [61]
    Engelhard Corp./Metals Division | Occupational Safety and Health ...
    Violation Detail ; Penalty, P: Petition to Mod Abatement, 03/03/1989 ; Penalty, I: Informal Settlement, 11/18/1988 ; Penalty, Z: Issued, 11/02/1988 ...
  62. [62]
    An overview about Engelhard approach to non-standard ...
    We report here an overview about Engelhard's approach to non-standard environmental catalysis. Emphasis is given to the need of a more flexible and customized ...
  63. [63]
    Emission Control Catalysts - DieselNet
    The list of catalyst applications covers such emission sources as chemical plants, painting and coating processes, ovens, printing, dry cleaning, power ...
  64. [64]
    Engelhard Expands Diesel Emission Control Capabilities - Small Fleet
    Aug 27, 2001 · Engelhard's technology development programs include advanced catalytic particulate filters for PM reduction and selective catalytic reduction, ...
  65. [65]
    Engelhard expanding diesel emission control capabilities - DieselNet
    Sep 5, 2002 · According to Engelhard, over 30,000 heavy duty diesel vehicles around the world have been retrofitted with its DPX® catalytic particulate ...
  66. [66]
    Ford, Engelhard ready to test smog eaters; drive your car, clean the air.
    Aug 1, 1995 · Ford Motor Co. and Engelhard Corp. have begun a nine-month test program for their new, jointly developed "PremAir" automotive catalyst ...Missing: innovations | Show results with:innovations
  67. [67]
    Presidential Green Chemistry Challenge: 2004 Designing Greener ...
    Mar 26, 2025 · Engelhard has developed a wide range of environmentally friendly RightfitTM azo pigments that contain calcium, strontium, or sometimes barium ...Missing: contributions | Show results with:contributions
  68. [68]
    Green Innovations - C&EN - American Chemical Society
    Jul 12, 2004 · In the designing safer chemicals category, Engelhard Corp. received the Green Chemistry Award for developing a diverse range of azo pigments ...
  69. [69]
    Engelhard launches advanced technology for reforming ...
    Nov 4, 2003 · Engelhard Corporation has introduced an advanced catalytic approach for hydrogen reforming of natural gas and liquid petroleum gas used in ...<|separator|>
  70. [70]
    Speech: Administrator Lisa P. Jackson, Remarks at the 2010 ... - EPA
    Mar 16, 2010 · In 2006, the Engelhard Corporation was bought for $5 billion. A new environmental rule led to new innovations, which led to new jobs. We've seen ...
  71. [71]
    [PDF] annual - AllEngelhard
    Eastern Magnesia Talc Company completed its first full year of operation under Engelhard ownership in 1968. This subsidiary operates a talc mine and plant in ...Missing: acquisitions | Show results with:acquisitions
  72. [72]
  73. [73]
    Profiles in Bullion: Engelhard - CoinWeek
    Jan 4, 2016 · In 1905, Engelhard set up the Hanovia Chemical and Manufacturing Company. By the time he died in 1950, Charles Engelhard had built one of the ...Missing: operations | Show results with:operations<|separator|>
  74. [74]
    MKS PAMP GROUP and BASF ECMS Proudly Revive Iconic ...
    Aug 19, 2025 · Engelhard was a major player in the precious metals industry, known for its refining and minting expertise. It produced a wide range of gold ...
  75. [75]
    The Charles Engelhard Foundation
    Dec 19, 2024 · Purpose and Activities: Emphasis on higher and secondary education, and cultural, medical, religious, wildlife, and conservation organizations.
  76. [76]
    Charles Engelhard Foundation - Nonprofit Explorer - ProPublica
    Summary charts: organization finances over time · Revenue. $6.94M (2023) · Expenses. $6.13M (2023) · Total Assets. $57.8M (2023) · Total Liabilities. $0 (2023).Missing: philanthropy | Show results with:philanthropy