The Archive · 1927

HUGE CHEMICAL COMBINE?

Interesting Surmise by Financial Writer to a London Paper

Cologne, Oct. 3.

There is much speculation with regard to the forthcoming meeting of the shareholders of the German Dye Trust at which, although such 8 proposal does not appear on the agenda, it is believed that the chief bbasiness will be a motion to increase the capital of the company by ten per cent, or £5,000,000. This may be devoted to the development of] the company's activities in synthetic The City correspondent of the "Evening Standard" makes the sur. mise that the creation of a powerful European cartel, (manufacturers union) of the chemical industry in which will be the German Dye! Trust, the British combine panies, is likely to be announced at! the forthcoming meeting of shareholders of the German Dye Trust.

Such a cartel would, virtually, bbe able to control the output of heavy chemicals, explosives, dyes, fertilizers and other synthetic pro-duets in Europe and also to develop the Bergius process of producing, all from coal, an agreement in connection with which has been signed with the Standard Oil Company.

'The Royal Datch Petroleum Com.' pany is concerned with Imperial Chemical Industries, Ltd., in the development of the British rights of the Bergins Process—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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