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Encyclopedia > Imperial Chemical Industries PLC
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Imperial Chemical Industries (ICI) is a British chemical company, a producer of paints and specialty products (including ingredients for foods, specialty polymers, electronic materials, fragrances and flavours). It employs over 40,000 people and has a turnover of around £8.5bn (2000).


The current ICI is the remnant of a much larger corporation founded in December 1926 from the merger of four companies - Brunner Mond, Nobel Explosives, United Alkali and British Dyestuffs Corporation. Competing with DuPont and IG Farben (later BASF), the new company produced explosives, fertilisers, insecticides, dyestuffs, industrial chemicals, printing materials, and paints. In its first year turnover was £27m.


ICI played a key role in the development of new products, including the pigment phthalocyanine (1929), the acrylic plastic Perspex (1932), Dulux paints (1932, co-developed with DuPont), Polythene (1937), sulfamethazine (the first sulfonamide antibiotic), paludrine (1940s, an anti-malarial drug), Inderal (1965, a beta-blocker), and tamoxifen (1978, a frequently used drug for breast cancer). Because of their success in the pharmaceutical industry, ICI formed ICI Pharmaceuticals in 1957.


In 1993 however the company decided to demerge its chemical business from the pharmaceutical bioscience divisions. Pharmaceuticals, agrochemicals, specialities, seeds and biological products were placed into a new and independent company called Zeneca Group (which merged with Astra AB in 1999 to form AstraZeneca plc, one of the largest pharmaceutical companies in the world). The company also moved away from bulk and industrial chemicals towards specialty chemicals during the 1990s.


The Australian branch, ICI Australia, became Orica in 1998.


External links

  • ICI (http://www.ici.com)
  • Orica (http://www.orica.com.au)

  Results from FactBites:
 
Imperial Chemical Industries - Wikipedia, the free encyclopedia (398 words)
Imperial Chemical Industries (ICI) is a British chemical company, based in London.
Today ICI is simply a medium sized player in the global chemical industry, which is an unfashionable industry with low margins and weak growth prospects.
The company also moved away from bulk and industrial chemicals towards specialty chemicals during the 1990s in the hope making its income less dependent on the business cycle, earning higher profit margins, and developing businesses with long term growth potential.
Guisborough - Wikipedia, the free encyclopedia (564 words)
As well as these, there is a short road that ends at Hutton Village, a tiny settlement built mostly for local mining, agricultural and estate workers.
Until 1964, Guisborough was also served by trains from Middlesbrough; prior to 1958 it was even possible to travel all the way to Whitby and Scarborough along the highly scenic North Yorkshire coast railway.
There are no longer any large employers in the town, Guisborough has become a Dormitory town for nearby Middlesbrough, with many people working in the chemical plants that are located around Teesside.
  More results at FactBites »


 

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