Degussa AG.
Degussa AG, Frankfurt am Main, Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km). , is
acquiring additional shares in the Chinese carbon black joint
venture Qingdao Degussa Chemical (QDCC QDCC Quadratic Double Circulant Code ). With the
increase of its previous holding of 40% to 52% (the shares
were acquired from the Chinese partner Zhenya) Degussa
is now holding a majority position in QDCC which is said
to strengthen its entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture.
[French, from Old French, from entreprendre, to undertake; see enterprise. role in this rubber black
manufacturing venture.
COPYRIGHT 1998 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Reader Opinion