Wham-O and Petroleum Product Hoopla
When Phillips Petroleum scientists invented a new plastic in the early 1950s, getting it from lab to market proved difficult. Enter Wham-O.
Research scientists in Bartlesville, Oklahoma, in 1951 discovered how to make a durable, high-density polyethylene, and the marketing executives at their oil and natural gas company named it Marlex. But Phillips Petroleum sales reps searched in vain for buyers of the new plastic until the Wham-O toy company found it ideal for making hoops and flying platters.
Prompted by a post World War II boom in demand for plastics, Phillips Petroleum Company invested $50 million to bring its own miracle product — Marlex — to market in 1954. With a high melting point and tensile strength, the synthetic polymer would stand out from the company’s thousands of patents.