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Show l " J '.- - Av - . FIVE 1500 ton capacity concrete silos are the most imposing portion of the new gilsonite processing pro-cessing plant in Bonanza. Seven 55-ton capacity feed bins have been constructed next to the Gilsonife processing plan? inspected by ovvdcegIg American Gilsonite Company, headquartered in Salt Lake City, Monday marked 75 years of mining Gilsonite in Bonanza, according to Roy E. Nelson, president. The occasion was highlighted by the completion of a $5.3 million consolidated con-solidated processing plant, and a tour of the facility by the Board of Directors and specially invited officials representing business and government from Utah and Colorado. The American Gilsonite Company Board of Directors is comprised of executives from Barber Oil Corporation, Cor-poration, New York City, and Standard huge silos to serve the bagging machines and bulk truck loaders. The plant will have an annual an-nual production capacity of 170,000 tons of product. Oil Company of California (SOCAL), San Francisco, with Barber president J.J. Lee as Chairman and J.R. Grey, president of SOCAL, as Deputy - Chairman. Other members of the Roard are Nelson of American Gilsonite; J. A. Brown, Jr. and R.H. Oliver, Barber; and R.F. Schlecht and J. R. Sylla, SOCAL. The new plant, which was engineered and constructed by Ford Bacon & Davis Utah. Inc., replaces four other scattered scat-tered operations, according to Nelson, and will greatly improve the company's com-pany's ability to serve constantly changing world markets for Gilsonite. He explained that Gilsonite is a natural hydrocarbon substance ol the class knows as asphaltites, occurring as a solid mass in vertical, nearly paralh-d veins, and the only commercially important deposits in the world are found in the Uintah Basin of rnvfern Utah and western Colorado. The Board of Directors conducted a business meeting Tuesday, at Bonanza, 'located 45 miles east and south of Vernal. On September 15. American Gilsonite Company will hold an open house in the morning for residents of -the Uintah Basin, and a western style picnic in the afternoon for company employees and families. AMERICAN GILSONITE COMPANY Board of Directors present at the inspection of the new processing plant in Bonanza are, left to right, Roy E. Nelson, president, American Gilsonite; John H. Lee, Barber Oil Corp. president; Bob H. Oliver, chief engineer Barber Oil; Dick F. Schlecht, Chevron Resources Co.; Jim A. Brown, Jr., Barber Oil; Jim R. Sylla, assistant to president Standard Oil Company of California. |