ICI Chemicals and Polymers: Difference between revisions
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* [[Tioxide Group]] PLC | * [[Tioxide Group]] PLC | ||
* [[Phillips-Imperial Petroleum]] Ltd | * [[Phillips-Imperial Petroleum]] Ltd | ||
* European Vinyls Corporation BV | * [[European Vinyls Corporation]] BV | ||
1991 Sold the Soda Ash and Lime businesses. Also sold the interests in Ellis and Everard, MTM and Nalfloc. Closed surplus capacity for making commodity alcohol and plasticisers.<ref>1991 Annual report</ref> | 1991 Sold the Soda Ash and Lime businesses. Also sold the interests in Ellis and Everard, MTM and Nalfloc. Closed surplus capacity for making commodity alcohol and plasticisers.<ref>1991 Annual report</ref> | ||
Latest revision as of 15:12, 13 June 2024
A subsidiary of ICI, making bulk chemicals
1988 ICI Chemicals and Polymers Ltd started trading; it acquired the business and assets of ICI's Chemicals and Polymers Group and its subsidiaries; it continued the businesses of the previous Agricultural, Fibres, Mond and Petrochemicals and Plastics Divisions of ICI. Principal subsidiaries were:[1]
- Britag Industries Ltd
- ICI Fertilizers (Ireland) Ltd
- Nalfloc Ltd
- Scottish Agricultural Industries PLC
- Monckton Coke and Chemical Co Ltd
Holdings in related companies included:
- Ellis and Everard PLC
- MTM PLC
- Tioxide Group PLC
- Phillips-Imperial Petroleum Ltd
- European Vinyls Corporation BV
1991 Sold the Soda Ash and Lime businesses. Also sold the interests in Ellis and Everard, MTM and Nalfloc. Closed surplus capacity for making commodity alcohol and plasticisers.[2]
1992 Sold the Rock Salt and White Salt businesses to D. George Harris and Associates of USA.
1994 Sold Monckton Coke and Chemical Co. Agreed to sell the Ethylene oxide and derivatives business to Union Carbide. The Acrylics business was sold to ICI. European Vinyls Corporation was floated on the Amsterdam Stock Exchange, resulting in an exceptional loss from disposals of some operations to EVC. [3]
1995 The Carbon Dioxide retail business was sold to Hydrogas; ICI sold the company its Surfactants and Fluon businesses[4]
1997 Sold the Fertilizer business to Terra Industries Inc and the Polyester business, including polyester polymer and intermediates, titanium dioxide and Melinex polyester film[5], to Dupont[6]
1999 Sold the Hydrocarbons business to Huntsman. Sold the Fluon (fluoropolymers) business. Sold Chance and Hunt.
2000 Sold the Methanol business to Methanex; sold the interest in Phillips-Imperial Petroleum to Petroplus. Uniqema continued strong performance.[7]
2001 Sold the Chlor-Chemicals and Klea businesses to Ineos
2002 Sold Synetix to Johnson Matthey; the Uniqema operations were transferred to Uniqema Ltd. As a result of the programme of divestments, the company was no longer involved in manufacturing chemicals[8]