TITLE

Ticona agrees to relocate key plans

AUTHOR(S)
Williams, Dede; Gibson, Jane
PUB. DATE
December 2006
SOURCE
ICIS Chemical Business;12/4/2006, Vol. 1 Issue 46, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the agreement of Ticona to move its polyoxymethylene plant at Kelsterbach, Germany to a new German location in a preliminary compromise with Fraport, the Frankfurt airport authority. This ends a dispute over plans for a new runway that will force planes to overfly the plant at an altitude of 70 meters. Fraport will pay relocation costs over five years. A final agreement between Ticona's U.S. parent, Celanese, and Fraport, is expected by May 2007.
ACCESSION #
23440919

 

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