Union Carbide Corporation is a wholly owned subsidiary ( since 2001 ) of Dow Chemical Company . It currently employs more than 2,400 people . Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers . Some are high-volume commodities and others are specialty products meeting the needs of smaller markets . Markets served include paints and coatings , packaging , wire and cable , household products , personal care , pharmaceuticals , automotive , textiles , agriculture , and oil and gas . The company is a former component of the Dow Jones Industrial Average . Union Carbide was 50.9 % stakeholder in Union Carbide India Limited , the company responsible for the Bhopal disaster
Bhopal disaster
Bhopal disaster
Union Carbide