Hoechst in a hurry
Article Abstract:
Hoechst is carrying out a restructuring plan and is merging the group's specialty chemicals operations with a spin-off from Sandoz called Clariant. The new company will have a turnover of almost 9 billion German marks. Hoechst is also acquiring a 43% stake in Roussel Uclaf, and already owns the remainder. The market has reacted well to these moves and the share prices of the companies involved have risen. The Clariant move could trigger similar operations in the sector.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Company facts: CIBA
Article Abstract:
Ciba began producing dyes, and ranks first among Swiss chemicals and pharmaceuticals concerns and is affected by the strength of the Swiss franc. The company could benefit from a link with Chiron, a US biotechnology firm, since it lacks major drugs in its portfolio. Ciba is seen as a conservative company, and has not carried out a major acquisition in the US. The company could exploit franchises more in the pharmaceuticals, industrial chemicals and agriculture sectors.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Akzo Nobel
Article Abstract:
Akzo Nobel has been affected by claims over possible side effects from its oral contraceptives. Operating earnings for the pharmaceuticals division have been flat but drug development could improve this. Remeron is an antidepressant which could sell well. The group's coatings division performed well in 3rd qtr 1996 with a 40% rise in operating earnings. Chemicals have been affected by a drop in demand for bleach from manufacturers of pulp and paper.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: How great thou art. Political wrongness. Keeping within the comfort zone
- Abstracts: Jakarta journey. Soling, soling. The culture connection: in the 1990s, Canada's cultural mosaic is creating a new market niche - one with enormous growth potential
- Abstracts: Emerging markets. Making sense of performance tables
- Abstracts: Reckitt and Colman
- Abstracts: Cattles. Cattles rounds up the stray sheep. Cattle's