Word: farben
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Germany's I. G. Farben chemical combine, which was broken into twelve separate companies by the Western allies, has made a surprising comeback. The allied group controlling the onetime Farben companies reported that the separate companies are doing almost as much business as the combine did before the war. They grossed $550 million in 1951, v. $650 million in 1938; they turned a "fair" profit, as against a $130 million loss in the three years up to 1948. This week the allies turned the companies back to the original Farben stockholders, and authorized public trading in the stock...
...Rhine 15 miles south of Cologne. It lies in the British zone, but like Washington, D.C., it is a neutral enclave, which West Germans have made their capital. In recognition of this, the U.S. is now moving out of its occupation headquarters in Frankfurt (in the unbombed I. G. Farben office building), to make its new GHQ in Bonn. This move is symbolic of Bonn's status as the newest and one of the most important of world capitals...
ULRICH HABERLAND, 50, is the temperamental boss of Leverkusen's huge Bayer works (biggest single chunk of the I. G. Farben chemical empire now being decartelized). Ex-Nazi son of an East German clergyman, he now claims to be apolitical. He is the reviving chemical industry's chief business strategist...
...actual breakup still seemed a long way off. On the slow road ahead, the High Commission has to work through mountains of technical procedure. It has not even totted up Farben's assets-a preliminary to any sale...
...Apparently no such problem faced Russia in the East zone; the U.S. suspects that Russia simply seized Farben's 45 companies...