BUSINESS ABROAD: New Empires for Imperial

Britain's $1.2 billion Imperial Chemical Industries Ltd., already one of the world's biggest chemical producers, last week announced an expansion program such as Britain has rarely seen. I.C.I. plans to spend $364 million over the next six or seven years to expand present plants or build new ones to make everything from chlorine to nylon and Dacron-like Terylene. London was also buzzing over the company's jump into titanium. I.C.I, will gamble $10 million on a new factory, hoped to move into the market with an initial annual production of 3,000,000 Ibs. of the...

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