Abstract

Just two years ago, there was a strong sense of optimism in Germany about the unification of the chemical industries of the eastern sector and the western sector. The collapse of the East European bloc and the subsequent unification of the two Germanys were expected to provide new markets for companies in the former West Germany. In addition, with literally hundreds of plants already operating in the eastern sector, there were opportunities for investment in alreadybuilt facilities. Since then, however, companies have been given a double dose of reality in the form of economics and environment. First came the possible environmental liabilities associated with plants in the eastern states. The conditions of these plants, long poorly maintained and often run with slipshod disposal practices, have been sobering, especially in a Germany that has become much more environmentally conscious as a result of the green movement. The second blow to the unification of the industry was ...

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