The PF-compound type used came from former Bakelite GmbH, Letmathe. Baekeland announced his findings of the new chemical oxynenzyl-methylenglycolanhydride, or Bakelite®, at the American Chemical Society in 1909. The company was acquired by Union Carbide and Carbon Corp. in 1938. Bakelite Corp. was formed in 1922 from General Bakelite Co., Condensite Corp. and Redmanol Co. Bakelite was the first commercial plastic that was completely synthetic, hot-mouldable and, once cooled, produced a hard material that was resistant to heat, electricity and solvents. Even after it had been declined Bakelite was still being used for antiques and remnants of an optimistic era. Ever wondered why the plastic Bakelite was used to make those bangles and chess pieces? Yes, there are imitations of Bakelite. It is known as one of the first synthetic plastics, derived from methanol and coal tar. But earlier, it was used for making various products, like:■ Saxophone mouthpieces■ Whistles■ Cameras■ Electric guitars■ Telephone handsets■ Appliance casings■ Pipe stems■ Buttons. 0 bids. Bakelite Jewelry History in the USA. If you have a product made from bakelite, chances are it will not be older than 1928. Used in all manner of electrical devices, household objects, appliances and decorative items. Copyright © Science Struck & Buzzle.com, Inc.