TITLE

RAG moves fast after coal settlement

AUTHOR(S)
Williams, Dede
PUB. DATE
July 2007
SOURCE
ICIS Chemical Business;7/2/2007, Vol. 2 Issue 73, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that RAG Coal International AG is about to divest its coal activities and pursue a stock listing for non-coal assets in 2008 on the back of political approval. RAG wants to sell the last business of former chemicals subsidiary Rutgers AG to form the coal mining foundation. RAG Stiftung is the new name for the publicly owned coal foundation to be headed by former Deutsche BP chairman Wilhelm Bonse-Geuking. RAG chief executive Werner Muller will head the new non-coal company.
ACCESSION #
25695568

 

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