Document Rj8EYBJnYMo9q8BX694OaXR2X
FILE NAME: Celanese (CEL) DATE: 1999 May 9 DOC#: CEL004 DOCUMENT DESCRIPTION: BC Correspondence
Celanese and Imperial
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Subject: Celanese and Imperial Date: Sun, 09 May 1999 16:11:35 -0700 From: Stephen Berger <slberg@redshift.com> To: Barry <bcastle@mail.bcpl.lib.md.us>
Just got back from the library. I'm afraid there isn't a whole lot of information in Moody's. Most of the companies they bought were in plastics or polyester and I never heard of them. One exception was Champlin Oil & Refining Co. Other possibles were Devoe & Raynolds Co., Western Chemicals Ltd., Chemcell Ltd., British Paints Ltd., and Federal Enameling & Stamping Co. (FESCO, Inc.). Fiber Industries, Inc. was partly owned by Celanese and Imperial and they operated the Shelby, NC plant. Celanese had plants in Mexico, Columbia, Venezuela, Peru, and Belgium.
Very sketchy on Imperial. Affiliates in the USA were Fiber Industries and Rubicon Chemicals, Inc. Formed Ictal Plastics Ltd. with Celanese in 1963. In 1964 formed with Phillips Petroleum the Phillips Imperial Chemicals Ltd. in Australia. Imperial had joint operations with du Pont in Canada until 1954. Canadian Industries Ltd. owned British Americ Paint Co.
That's about it. Stephen
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