I. G. Farben: Difference between revisions
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During its heyday, IG Farben was the largest chemical company in the world and the fourth largest overall industrial concern, after General Motors, U.S. Steel, and Standard Oil of New Jersey. | During its heyday, IG Farben was the largest chemical company in the world and the fourth largest overall industrial concern, after General Motors, U.S. Steel, and Standard Oil of New Jersey. | ||
1952 Officially put into liquidation but this did not end the company's legal existence. The purpose of the corporations continuing existence, being "in liquidation", is to ensure an orderly wind-down of its affairs. As almost all its assets and all its activities had been transferred to the original constituent companies, it was from 1952 largely a shell company with no real activity. | |||
== See Also == | == See Also == | ||
Latest revision as of 07:21, 28 October 2015
I. G. Farben was a German chemical industry conglomerate. Its name is taken from Interessen-Gemeinschaft Farbenindustrie AktienGesellschaft (Plc Syndicate [literally, "community of interests"] of dye-making corporations).
The company was formed in 1925 from a number of major chemical companies that had been working together closely since World War I.
During its heyday, IG Farben was the largest chemical company in the world and the fourth largest overall industrial concern, after General Motors, U.S. Steel, and Standard Oil of New Jersey.
1952 Officially put into liquidation but this did not end the company's legal existence. The purpose of the corporations continuing existence, being "in liquidation", is to ensure an orderly wind-down of its affairs. As almost all its assets and all its activities had been transferred to the original constituent companies, it was from 1952 largely a shell company with no real activity.