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Sumitomo Chemical.


Sumitomo Chemical

Sumitomo Chemical reorganized re·or·gan·ize  
v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es

v.tr.
To organize again or anew.

v.intr.
To undergo or effect changes in organization.
 its representative office in Duesseldorf and formed a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 in 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). , named Sumitomo Chemical Deutschland GmbH. The subsidiary will help Sumitomo market its dyestuff and other products in Europe.
COPYRIGHT 1991 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Corporate, financial news; forms Sumitomo Chemical Deutschland GmbH in Germany
Publication:Rubber World
Article Type:Brief Article
Date:Jul 1, 1991
Words:36
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