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Wacker holds own in chemical world
- Source :
- Chemical & Engineering News. May 9, 2005, Vol. 83 Issue 19, p15, 3 p.
- Publication Year :
- 2005
-
Abstract
- Wacker Chemic, a private company owned 51% by the Wacker family and 49% by the Hoechst unit of Sanofi-Aventis invests some 6% of its annual sales into research and development (R&D). Private ownership allows the company to invest such large amounts on R&D, without having to fend off investor complaints of high spending and put the research into practice with expensive plant construction projects that public companies might shy away from.
- Subjects :
- Wacker Chemical Corp. -- Finance
Wacker Chemical Corp. -- Management
Industrial research -- Finance
Industrial research -- United States
Chemical industry -- Finance
Chemical industry -- Management
Herbicides -- Finance
Herbicides -- Management
Pesticides industry -- Finance
Pesticides industry -- Management
Research and development
Company financing
Company business management
Chemicals, plastics and rubber industries
Engineering and manufacturing industries
Subjects
Details
- Language :
- English
- ISSN :
- 00092347
- Volume :
- 83
- Issue :
- 19
- Database :
- Gale General OneFile
- Journal :
- Chemical & Engineering News
- Publication Type :
- Periodical
- Accession number :
- edsgcl.134096492