Word: consortium
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Dates: during 1960-1969
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Early this month Washington increased the pressure with a diplomatic note advising Ayub that the next meeting of the aid consortium of the U.S. and eight other nations that had promised Pakistan a fresh $500 million had been postponed from July 27 until Sept. 27. The message suggested that the interval thus created might be useful for ironing out U.S.-Pakistani differences...
...Germans are scurrying to catch up with other European steelmen; sea side plants already account for nearly 20% of the Common Market's steel production. France's Usinor opened a 1,500,000-ton mill at Dunkirk in 1963, and a consortium of Belgian and Luxembourg firms is busy building a 1,500,000-ton plant on the Ghent-Terneuzen Canal. Even Portugal has put up an efficient small works on the water at Seixal...
Rising on Risks. Next week Edgar Kaiser will jet from his headquarters in Oakland, Calif., to Venezuela, where Kaiser engineers head a consortium of companies from five nations that is building the $137 million Guri Dam. Meanwhile, Kaiser Aluminum is busy putting up new plants in West Berlin, Turkey and Japan. Kaiser Steel has just closed the largest trade deal in Australia's history: with a local partner, it will sell $600 million worth of iron ore to Japan over the next 15 years. Kaiser Cement & Gypsum this month opened a mill in Florida, and later this year will...
...mountain tunnels, makes 85 river crossings on its own bridges and has special equipment to reduce the tremendous oil pressures that would otherwise build up on its steep declines. In Germany, construction will begin this year on a large petroleum products pipeline between Cologne and Frankfurt, and a German consortium will soon start building a $125 million natural-gas pipeline from the Dutch border to Bavaria. France's third petroleum products pipeline between Le Havre and Paris is nearing completion, and three similar lines are planned between other French cities. Plans are even being made to lay pipelines across...
...meters) already constitute 70% of Europe's gas resources and bulk larger than all of Canada's. Dutch officials estimate privately that the field harbors nearly 2 trillion cubic meters. Groningen gas now reaches some 500,000 Dutch consumers, and early in December the Esso-Shell export consortium and the British Gas Council began jointly studying the feasibility of a $75 million pipeline across the North Sea that would let Dutch wells supply half of Britain's present gas needs. Belgium and Germany have signed up to buy a total of 10 billion cubic meters a year...