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Courtaulds was a United Kingdom-based manufacturer of fabric, clothing, artificial fibres, and chemicals. It was established in 1794 and became the world's leading man-made fibre production company before being broken up in 1990 into Courtaulds plc and Courtaulds Textiles Ltd.
The Courtauld Silk Mill in Halstead, Essex. Samuel Courtauld (c. 1793 – 22 March 1881) was a British industrialist who developed his family firm, Courtaulds, to become eventually the world's largest textile company.
The American Viscose Company was established in 1909 as the American wing of Courtaulds, a British textile company specializing in silk. [3] The company patented the method of production of viscose (also known as artificial silk, and later, rayon), and built its first United States plant at Marcus Hook, Pennsylvania, in 1910. [3] Demand was ...
The 228,480 shares were sold to the public. In 1949, The company passed into the control of the Monsanto Corporation. (Courtaulds resumed manufacture of rayon in the United States in 1952, at a new plant in Axis, Alabama). [4] In 1963 it was purchased by FMC Corporation. In 1974 the plant in Parkersburg, West Virginia was closed. FMC sold off ...
The company became the third largest rayon manufacturer in the United States after Courtaulds and DuPont. [17] In 1930 VGF used lawsuits as a bargaining counter with Châtillon S.p.A. to ensure that imports of rayon from Italy to Germany were controlled. [ 12 ]
Realizing that they needed the experience of a specialised textile firm, ICI formed a partnership with Courtaulds, who were leading suppliers of viscose rayon. In January 1940 they registered British Nylon Spinners as a limited company with a nominal capital of £300,000 and took equal shares in the company. The product was badly needed to make ...
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By the early 20th century, the Courtauld family business had become a major international company, having successfully developed and marketed rayon, an artificial fibre and inexpensive silk substitute. Samuel Courtauld took charge of the firm from 1908 as director and as chairman from 1921 to 1946.