Word: montedison
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Dates: during 1970-1979
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...Keep your hands off-my job!) That chant by demonstrators protesting dismissals by Montedison, Italy's giant chemical company, rang out ominously last week-a part of a Greek chorus that increasingly laments an economy gone sour. A glance at Italy's stained ledger...
...Montedison...
...publicity. The low-profile approach is understandable. A former anti-Nazi resistance fighter and onetime head of ENI, the government oil agency, Cefis indulges an un-Italian predilection for sandwich-and-milk lunches at his desk. In 1971, at the age of 50, he became the head of Montedison S.p.A., Italy's biggest industrial concern but a shaky one. He promptly spun off about 15% of its operations and began a series of acquisitions that made Montedison the producer of 80% of Italy's synthetic fibers, 33% of its chemicals, 10% of its Pharmaceuticals...
With Soviet money beginning to come in, and the benefits of his reorganization taking hold, Cefis predicts, in one of his rare public comments, that Montedison, nearly 20% of which is owned by the Italian government, will be "flying high...
...showed, is stimulated by disaster. Today the art Restoration Laboratories in Florence's 16th century Fortezza da Basso have become the world's proving ground for conservation methods-thanks, in large part, to the collaboration of university laboratories and major chemical firms like Italy's Montedison. The techniques used by the more than 60 restorers and artisans in the Fortezza make most earlier methods look antediluvian. Says Umberto Baldini, 50, the dynamic head of the laboratories: "Once, restorers were like doctors who were trying to operate on a body without having done anatomical research. But the emergency...