Post-war .281945.E2.80.931969.29 Vereinigte Glanzstoff-Fabriken

steef van schaik (1888–1968) chief executive of aku 1948

steef van schaik (1888–1968), had served in various senior management positions in enka , aku 1919, , dutch minister of transport of energy 25 june 1945 2 july 1946, ceo of aku 1 august 1948 1 july 1954. aku began produce cordenka rayon tire yarns in arnhem in 1948. enka retained ownership of american enka, , in 1953 still held 56% of shares, although management american. year american enka began produce nylon @ new plant in asheville. 1957 article in business week said enka believes technical , other information exchange american enka more important profit ownership of enka shares.

in 1950 vgf largest german manufacturer of artificial fibers, management team oriented towards united states. year company opened new perlon fiber facility. in 1953 vgf had workforce of 10,840 in germany. in 1957 vgf reported sales of 383 million dm. in 1960 there 17 registered companies in aku group in 8 countries, including vgf. 1965 sales 1,374 million dm, , company had 29,000 employees. however, company struggled make new commercial synthetic fibers, handicapped lack of technical capability in polymers.

in 1962 chemical producer basf began explore possibility of forward integration in fiber manufacturing. carl wurster (1900–74) of basf entered discussions on close cooperation in manufacturing fiber ernst hellmut vits , hermann josef abs. basf wanted purchase 25% share of vgf, obtain exclusive supply contracts , undertake joint research raw materials , synthetic fibers. vgf executives sympathetic concept, required consent of main shareholder, aku group of netherlands. negotiations continued until mid-1974, aku not grant basf stake. 2 companies did agree extend chemical supply contracts until 1980, , discuss plans basf enter fiber manufacturing or vgf start making chemicals.

when basf purchased rayon manufacturer phrix in 1967, vgf protested basf in breach of contract vgf in every way because of phrix acquisition. vgf concerned basf become serious competitor in market struggling falling prices, , warned feel free negotiate more aggressively on prices willing pay chemicals. in 1968 aku merged glanzstoff, had been producing cordenka rayon tire yarns in obernburg since 1938, , formed enka glanzstoff.

ernst hellmut vits became chairman of aku supervisory board in 1969.

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