CU Chemistry Uetikon
| CU Chemie Uetikon AG | |
|---|---|
| legal form | Corporation |
| founding | 1818 |
| resolution | 2017 |
| Seat | Rüti (ZH), Switzerland |
| management | Franz-Josef Albrecht ( Chairman of the Board of Directors ) |
| sales | 185 million CHF (2006) |
| Branch | chemistry |
| Website | www.uetikon.ch |
The CU Chemie Uetikon AG with original headquarters in Uetikon am See was an internationally active Swiss chemicals company . It focused on the development and production of solutions for wastewater treatment as well as in the production of basic chemicals and deuterated compounds, mainly for NMR spectroscopy . The company generated sales of 185 million Swiss francs in 2006 and was wholly owned by CPH Chemie + Papier ; at last the company was only active as a pure real estate company. As of 2017, CU Chemie Uetikon AG was merged with Zeochem AG within the CPH Chemie + Papier Group. The corporate headquarters were relocated to Rüti (ZH) in 2018.
history
CU Chemie Uetikon is based on the oldest still existing chemical factory in Switzerland from 1818. It was founded by the Schnorf brothers and produced sulfuric acid , iron and copper vitriol . The first annual production was 20 tons of sulfuric acid per year. By 1848 the company had up to 20 employees, after which the number of employees rose to around 100 by 1893, at which time the annual production of sulfuric acid was still increasing by 10,000 tons per year.
The Perlen paper and wood pulp factory was founded in 1873. The Schnorf family, as owners of the Uetikon chemical factory, took a stake in it in 1881 and took over its majority in 1950. The Uetikon chemical factory, which was converted into a stock corporation in 1899, increased sulfuric acid production to over 80,000 tonnes per year by the 1960s and became the largest sulfuric acid producer in Switzerland.
In 1971 CPH Chemie + Papier Holding was founded in Lucerne, under whose roof the various activities were brought together. In 1979, Chemische Fabrik Uetikon founded the Zeochem subsidiary for the production of zeolites as a joint venture with United Catalysts Inc. in Louisville.
In 1990 the Uetikon chemical factory was restructured into CU Chemie Uetikon and the following year the subsidiary CU Chemie Uetikon GmbH was founded in Lahr (Germany). Associated with this was a significant expansion of the organic chemistry division. In 1997 the Uetikon Group took over Zeochem completely. In 2002 the company stopped producing sulfuric acid. At the same time, the areas of zeolite and silica gel chemistry as well as mineral fertilizer production were split off as Zeochem and CU Agro as legally independent companies and have since been part of the chemical consolidation group of CPH Chemie + Papier Holding together with CU Chemie Uetikon . In the meantime, Chemie Uetikon has completely withdrawn from the chemical business. It only manages and rents out the factory properties that it still owns.
The German subsidiary CU Chemie Uetikon GmbH in Lahr / Black Forest was sold to the private investor Barclays Private Equity (now Equistone Partners Europe ) and the management in October 2011 . In June 2015 it became part of the French pharmaceutical and cosmetics company Sequens (formerly Novacap Group).
Individual evidence
- ↑ Chemie Uetikon AG - CH-8707 Uetikon - Deuterated compounds - Mineral fertilizers / silage additives. Retrieved May 27, 2016 .
- ↑ Barclays Private Equity takes over CU UETIKON. (pdf) CU UETIKON, October 27, 2011, accessed December 27, 2012 .