FOREIGN MONEY SHAKE‐UP FOR UK CHEMICALS
Big technical snags at Albright and Wilson's Newfoundland phosphorus plant, pictured right, added to financial problems that led to the firm borrowing £17 million from the American giant Tenneco. This loan may result in it being taken over—and other UK chemical firms could follow suit. Preston...
| Published in: | Industrial Management |
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| Format: | Article in Journal/Newspaper |
| Language: | English |
| Published: |
Emerald
1971
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| Subjects: | |
| Online Access: | http://dx.doi.org/10.1108/eb056135 https://www.emerald.com/insight/content/doi/10.1108/eb056135/full/xml https://www.emerald.com/insight/content/doi/10.1108/eb056135/full/html |
| Summary: | Big technical snags at Albright and Wilson's Newfoundland phosphorus plant, pictured right, added to financial problems that led to the firm borrowing £17 million from the American giant Tenneco. This loan may result in it being taken over—and other UK chemical firms could follow suit. Preston Witts reports. |
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