Chemistry goes missing as failed deal blurs simple vision: ICI, once the bellwether of UK industry, has suffered yet another setback in its attempt to reinvent itself

Article Abstract:

ICI's planned deal to sell its Tioxide business has recently collapsed due to Dupont and NL Industries decision to withdraw. This may have been prompted by the Federal Trade Commission's demands for unacceptable concessions. Dupont has also withdrawn from discussions on a related joint venture with ICI Pakistan. ICI has been attempting to transform itself into a focused speciality chemicals business, but it is trying to cope with a huge 4.4 billion pounds sterling debt burden, mainly the result of the high cost of the Unilever acquisitions. However the company believes it has enough financial leeway to continue with its transformation plans.

Chemicals NEC, Finance, Chemicals, Chemical industry, Imperial Chemical Industries PLC

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Mayborn: eclectic but nice

Article Abstract:

Mayborn is a UK company which produces dyes and baby products. The company has benefited from a rise in its baby products sales and is expanding into the Chinese market with a production plant. The company has also seen a rise in the sale of dyes, with profits rising four fold between 1989 and 1994, and sales up by 27%. The expansion into China will affect results from Mayborn's babywear division on a temporary basis. The company's pre-tax profit is forecast at 5.2 million pounds sterling fro 1995, a 6% rise on 1994.

Gum and Wood Chemical Manufacturing, Plastics Bottle Manufacturing, Plastic Infant Bottles & Liners, Natural Tanning & Dyeing Materials, Plastic products, Baby bottles, Mayborn Group PLC

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Yorkshire

Article Abstract:

Yorkshire is a distributor of textile dyes which ranks fourth in the world market after acquiring activities from CT Witco. There should be further benefits from this acquisition. The company faces a competitive market.

Dyeing Auxiliaries, Textile dyes, Yorkshire Chemicals PLC

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