Details

Autor(en) / Beteiligte

• Coombes, Peter
• Tattum, Lyn

Titel

Nordic Chemicals Outward Bound

Ist Teil von

• Chemical week, 1990-02, Vol.146 (8), p.12-12

Ort / Verlag

Englewood: IHS Markit Ltd

Erscheinungsjahr

1990

Beschreibungen/Notizen

• In North America, the experience of Kemira (Helsinki, Finland) typifies the approach adopted by Nordic companies wanting to move into the chemicals market. Kemira made its debut by acquiring American Cyanamid's Wayne, New Jersey-based titanium dioxide business for $200 million in 1985. In the fast-growing Asian markets, Indonesia's Kaltim-III ammonia plant, which uses Haldor Topsoe's low-energy ammonia technology, completed its first year with an unprecedented production record. In addition, Hafslund Nycomed acquired Salutar, which has a nonionic gadolinium contrast agent under development for magnetic resonance imaging of the central nervous system, for $55 million in April 1989. Finnish and Norwegian chemical firms have been rapidly expanding south into continental Europe. For example, Jotun, a significant force in polyester and polymers, coatings, and resins, recently purchased some resins activities from Akzo to boost its European Community position.