Word: pechiney
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Says Gevaert's President Henri Cappuyns: "I'm convinced that Common Market companies have to grow to Common Market size." Seeking Footholds. President de Gaulle encourages French firms to join, and helped unite glassmaking Saint-Gobain with Pechiney, one of France's largest chemical companies. Because of De Gaulle's policy, many French businessmen expect the eventual linkup of the two big privately owned French automakers, Citroën and Peugeot...
...Australia, Surinam and Mexico, hopes to raise its overseas capacity 30% within three years. Reynolds is putting up a mill in Canada and a fabricating plant in Turkey, and Kaiser has opened plants in India and West Germany. Recently, Kaiser joined Canada's Aluminium Ltd., France's Pechiney and Britain's Rio Tinto-Zinc Corp. in ambitious plans to build and operate a $112 million alumina plant in Australia. When all the world finally takes to aluminum, the U.S. companies plan to be there-profitably...
...Similar methods also have been developed by Canada's Aluminium Ltd. and France's Pechiney...
...Merkalon synthetic fiber. (The U.S. Government welcomes Montecatini's settling in West Virginia, and the decision of Japan's Sekisui Chemical Co. to build a factory to make polystyrene foam in Hazelton. Pa., because they bring jobs to areas of chronic unemployment.) The French aluminum producer Pechiney bought control of New York's Howe Sound to gain an exotic-metals business, and the Japanese want Sheraton's Hawaiian hotel because they anticipate a rush of Hawaiian tourist business from affluent Japanese...
Though industrialization is just beginning in earnest, the companies that have spread branches in Greece read like a Who's Who of international business: Germany's Krupp, Italy's Pirelli, France's Pechiney and Saint-Gobain. The U.S.'s Reynolds Metals is breaking ground near Delphi for a $59 million aluminum plant using Greece's ample reserves of bauxite, and Dow Chemical has opened a polystyrene plant at Lavrion, site of ancient Greek gold and silver mines. From the rocky perch near Athens where Xerxes once helplessly watched his mighty Persian armada being turned...