Montecatini (company)
| Montecatini - Società Generale per l'Industria Mineraria e Chimica
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|---|---|
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| legal form | |
| founding | 1888 |
| resolution | 1966 |
| Reason for dissolution | Takeover by Montedison |
| Seat |
Milan , Italy
|
| management | Guido Donegani (President) |
| Branch | Montan, chemistry |
Montecatini was a Milan- based chemical company that was Italy's largest chemical company during the interwar period .
history
The Montecatini goes back to a pyrite mine in Montecatini Val di Cecina from 1827. In 1888, the then owner of the mine founded the Società anonima delle miniere di Montecatini. After initially producing copper ore, the company switched to producing sulfuric acid from pyrite.
After Guido Donegani took over the management in 1910, Montecatini began producing superphosphate fertilizers and grew to become the largest Italian chemical company. Together with Giacomo Fauser , Montecatini developed the Fauser-Montecatini process for the production of ammonia .
In 1928, Rhodiatoce was founded together with Rhône-Poulenc for the production of initially cellulose acetate and later nylon fibers. In 1929, the Azienda Coloranti Nazionali e Affini (ACNA) started producing colors.
During fascism , Montecatini, with its close ties to the Partito Nazionale Fascista Mussolini , advanced to the Italian IG Farben .
In 1949/50, the Montecatini Group, against the will of the residents, enforced the damming of Lake Reschen to generate electricity, whereby the town of Graun went under.
In 1954, Giulio Natta succeeded in synthesizing polypropylene here .
After the company got into economic difficulties, it was taken over by Montedison in 1966 .
Individual evidence
- Montecatini - Società generale per l'industria mineraria e chimica. Information system of the Italian Archives Administration (SIUSA)