Imperial Chemical Industries
Former British chemicals, paints and pharmaceuticals company / From Wikipedia, the free encyclopedia
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Imperial Chemical Industries (ICI) was a British chemical company. It was, for much of its history, the largest manufacturer in Britain.[1] It was formed by the merger of four leading British chemical companies in 1926. Its headquarters were at Millbank in London. ICI was a constituent of the FT 30 and later the FTSE 100 indices.
Company type | Public |
---|---|
Industry | Chemicals |
Founded | 1926; 98 years ago (1926) |
Defunct | 2008; 16 years ago (2008) |
Fate | Acquired by AkzoNobel |
Headquarters | London, England, UK |
Key people | Alfred Mond (first CEO) Sir Paul Chambers Sir John Harvey-Jones Dr John McAdam CBE (last CEO) |
Products | General chemicals, plastics, paints, pharmaceuticals & speciality chemicals |
Revenue | £4.85 billion (2006) |
£502 million (2006) | |
£295 million (2006) | |
Number of employees | 29,130 (2006) |
Parent | AkzoNobel |
ICI made general chemicals, plastics, paints, pharmaceuticals and speciality products, including food ingredients, speciality polymers, electronic materials, fragrances and flavourings. In 1991, ICI sold the agricultural and merchandising operations of BritAg and Scottish Agricultural Industries to Norsk Hydro. It de-merged its pharmaceutical bio-science businesses as Zeneca in 1993. In 2008, ICI was acquired by AkzoNobel,[2] which immediately sold parts of ICI to Henkel and integrated ICI's remaining operations within its existing organisation.[3]