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| Author: | Sieger, H. |
| Title: | High-noon fuer High-Chem. Chemie Zurueck zu Basis = High noon for high-chem. Chemistry: back to the bases. |
| Journal: | Capital
1992 : JUL, VOL. 31:7, p. 119-124 |
| Index terms: | CHEMICAL INDUSTRY GERMANY COMPANIES INVESTMENTS |
| Language: | ger |
| Abstract: | The three giants of the German chemical industry had very ambitious goal based on their high-tech products such as composites for the automobile and aerospace industries, high-tech plastics and others. Now BASF, Hoechst and Bayer are disappointed: no one of them managed to get the planned position in the high-tech market. Investments of order of billiards seem to be only a waste of money, and what is worse, the high-tech products of the three corporations make only losses, no returns. As a result of the failure, they close shops, sell parts of the enterprise. It is a farewell to future. |
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