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Industry: Email Alert RSS FeedICI-DuPont. (ICI Fibres acquisition by DuPont held up by US Federal Trade Commission) (Brief Article)
Daily News Record, April, 1993 by Maycumber, S. Gray
Speaking of fiber acquisitions, one that was supposed to be over long ago is still hanging fire. It is about a year ago this month that the announced acquisition of the British ICI Fibres by DuPont was made. Thanks to the U.S. Federal Trade Commission, it still hasn't happened. Governments are not Quick-Response oriented.
Meanwhile, ICI Fibers in Greensboro, N.C., under Mike Stokes' leadership and excellent staff, continues to do a very good business here. Particularly in microfibers and other specialty nylon.
"We are very pleased with the success of our micro Tactel nylon. It has really taken off in the last 12 months, both in wovens and in knits. We are also very happy with our Aquator business."
Aquator, also an ICI trademark, is a...
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