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In 1973, Simmons sold all of his holdings for approximately $50 million to the Jack Eckerd Corporation.
In 1982, he purchased Keystone Consolidated Industries, Inc. for the bargain price of $25 million.
After buying the company in 1986, its oilfield services reported a loss of $324 million that same year since its managers had failed to downsize operations during the oil bust.
Satisfied that he had some of the funds needed for new investments, Simmons created Waste Control Specialists in November of 1995, to enter the rapidly growing market for the processing, treatment, storage, and disposal of hazardous waste materials in Texas.
By the end of 1995, Kronos had captured 18 percent of the total market share for titanium dioxide in Europe.
The following table details the insider trading activities (stock purchases, stock sales, and stock option exercises) by Contran Corp since 2011.
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