Burbach potash works
| Burbach potash works | |
|---|---|
| legal form | AG |
| founding | March 29, 1905 |
| resolution | September 25, 1989 |
| Seat | kassel |
| Branch | Salt mining |
The Burbach-Kaliwerke AG was founded in 1905 with an initial capital of 5 million marks as Kaliwerke Kruger Hall AG founded in Halle (Saale) and on 12 December 1928 in Burbach-Kaliwerke AG renamed. The company was active in the extraction of potash salt , rock salt , evaporated salt , bromine and other salts and processed these into kainite , fertilizers , table salt , industrial salt and road salt . The group owned 28 independent potash mines .
At the end of the 1920s, Wintershall took over 45% of the group. In addition to Burbach-Kaliwerke AG, the group also included the Burbach and Beienrode trade unions.
In 1930 the company was also involved in oil production and exploration. But when the Volkenroda deposit dried up , it withdrew from the oil business.
The seat before 1946 was Magdeburg , in 1946 the seat was moved to Wittmar , 1951 to Wolfenbüttel and 1955 to Kassel .
In 1965 they sold the Asse II single-pit system to the Society for Radiation Research .
In 1988, the majority of the shares passed to Wintershall AG. Previously, Burbach-Kaliwerke (as well as Wintershall AG) held 50% of the shares in Kali + Salz . In 1989 the company was deleted from the commercial register.
Web links
- Lars Baumgarten: The potash u. Rock salt pits in Germany. 6.10 Bartensleben-Marie. In: lars-baumgarten.de. Retrieved March 19, 2015 .
- Early documents and newspaper articles on the Burbach potash works in the 20th century press kit of the ZBW - Leibniz Information Center for Economics .
Individual evidence
- ↑ See Handbook of German Stock Companies : Volume 49, Part 4 (1944). The parent company, the Burbach trade union in Beendorf near Helmstedt, was established in 1896.
- ↑ German Oil Policy 1928-1938 By Titus Kockel, p. 259
- ↑ cf. Joachim Süchting Finance Management: Theory and Politics of Corporate Finance , p. 91f.