FOREIGN MONEY SHAKE‐UP FOR UK CHEMICALS

Abstract

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.

Citation

(1971), "FOREIGN MONEY SHAKE‐UP FOR UK CHEMICALS", Industrial Management, Vol. 71 No. 10, pp. 52-57. https://doi.org/10.1108/eb056135