Abstract

Five years ago, British chemicals giant ICI reorganized its commodity and polymers business into one cohesive unit. Encouraged by results from that move, the company has just done the same with its various specialty interests. The new unit will be called ICI Specialties and will bring together a staff of 12,000 around the world, 3000 of whom are in the U.S. Yearly sales are about $2.7 billion. ICI's new operations are as diverse as colors and fine chemicals, surfactants and other specialties that have been part of the commodities and polymers group, resins, and biological products, which include the company's DNA profiling technology and biodegradable plastics. We think these businesses will flower under entrepreneurial management, says Ronnie C. Hampel, ICI executive director responsible for specialties. Rodney Brown, who will head the new group, adds that the new focus will accelerate growth and enable the company to put more research and technical work ...

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