Holliday Chemical

Article Abstract:

Holliday Chemical is involved in a number of niche chemicals activities such as hair dyes, textiles dyes, inorganic chemicals and photographic chemicals. The company acquired Reckitt's Colours in 1994, and this company has contributed to Holliday's profits. Raw materials costs have risen and competition has meant that costs have been absorbed rather than passed on. A currency loss of 1.4 million pounds sterling also affected profit for 1st half 1995. The company's profit is forecast at 21.5 million pounds sterling for full-year 1995 by Smith New Court.

Holliday Chemical Holdings PLC

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Blagden Industries: neat mix

Article Abstract:

Blagden Industries produces steel drums, protective equipment and chemicals. The company has shed staff and sold loss-making activities and margins are improving. Chemicals comprise the company's principal growth area and Blagden Industries has been awarded a contract to produce formaldehyde for ICI. The company has had problems with its protective equipment activities though losses have been reduced. The company's shares are recommended for investors in Oct 1995.

Surgical Appliance and Supplies Manufacturing, Protective Clothing, Other Metal Container Manufacturing, Metal Barrels, Drums & Pails, Steel industry, Metal containers, Blagden PLC

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ENI takers?

Article Abstract:

ENI is an Italian state-owned chemicals, gas and petroleum manufacturer, scheduled for privatization in Dec 1995. The Italian government's privatization program had suffered delays after the privatization of INA, an insurer. INA shares did not perform well following the sell-off in 1994, hence the delay, but there is already interest in ENI, which includes Agip and Enichem. Between 15% and 20% of ENI is likely to be sold in Dec 1995,

Petroleum, Petroleum and Coal Products Manufacturing, Italy, Securities, Energy industries, Energy industry, Privatization, Privatization (Business), Eni S.p.A.

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