TITLE

Hoechst issues profit warning, agrees on sale of Vianova

AUTHOR(S)
ALPEROWICZ, NATASHA
PUB. DATE
October 1998
SOURCE
Chemical Week;10/21/1998, Vol. 160 Issue 39, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on developments concerning Hoechst. Warning issued by the company for 1998 earnings; Problems faced by the company with Centeon; Other problems that could affect profits; Update on the company's plan to float Celanese and Ticona; Plans to sell Vianova Resins to Morgan Grenfell Development Capital.
ACCESSION #
1219011

 

Related Articles

  • Hoechst Sheds Vianova Resins.  // Industrial Paint & Powder;Dec98, Vol. 74 Issue 12, p7 

    Announces that Hoechst AG has signed an agreement to sell its synthetic resins company, Vianova Resins GmbH to Morgan Grenfell Development Capital Ltd. Background on Vianova Resins.

  • Hoechst Close to Selling Vianova to DMG.  // Chemical Week;9/16/1998, Vol. 160 Issue 34, p8 

    Reports that Hoechst is close to selling its Vianova resins subsidiary to Morgan Grenfell Asset Management. Value of the deal; Sales per year of Vianova.

  • Hoechst fine knocks Celanese. Beacham, Will // European Chemical News;10/13/2003, Vol. 79 Issue 2072, p7 

    Speculates the effect of the imposition of European Commission's (EC) sorbates cartel fine against Hoechst on the earnings of chemical company Celanese for the third quarter of 2003. Investigation report issued by EC; Quarter earnings posted by Celanese in 2002.

  • Celanese expands in Europe and the US.  // Chemical Business;Oct97, Vol. 11 Issue 3, p100 

    Announces the expansion plans of Celanese, a division of the Hoechst group, in the United States and Germany. Products in which the production would be increased; Estimated total production of the products annually.

  • Trading in Celanese AG to begin.  // WWD: Women's Wear Daily;10/25/1999, Vol. 178 Issue 80, p18 

    Reports on the start of trading for the shares of industrial chemicals company Celanese AG, which is being spun off by its parent company Hoechst AG.

  • Hoechst AG to split.  // Chemical Business;Dec98, Vol. 12 Issue 12, p103 

    Reports that German chemicals group Hoechst AG is splitting into two companies, Hoechst AG and Celanese AG. Focus of Hoechst AG on life sciences; Core businesses and investments of Celanese AG; Companies that comprise Hoechst AG.

  • Celanese Sets Spin-Off; Warns of Massive 1999 Loss. Westervelt, Robert // Chemical Week;10/13/1999, Vol. 161 Issue 38, p9 

    Reports on the spin-off of Celanese from Hoechst company in 1999. Significance of the move; Loss to be posted by the company in the second-half of 1999; Settlement of lawsuit filed by Hoechst shareholders.

  • Hoechst reorganizes in polycondensation.  // Chemical Week;8/9/1995, Vol. 157 Issue 5, p6 

    Reports on Hoechst's plans to merge the money-losing activities of its polycondensation resins business into a new independent subsidiary called Vianova Resins.

  • Celanese 4Q Results Tumble.  // Chemical Market Reporter;2/11/2002, Vol. 261 Issue 6, p6 

    Reports on the decline in earnings of Celanese in the fourth quarter of 2001. Sales for the quarter; Percentage of decline in earnings for the quarter; Sales of acetyl products for the quarter.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics