!!!Donau Chemie AG

Donau Chemie AG, chemical company, since 1997 90%-owned by the 
de-Krassny private foundation, 10% owned by Alain de Krassny, until 
1997 majority interest held by the French chemical group Rhone Poulenc 
S. A., Paris, while the Austrian Creditanstalt bank owns one 
third. As an industrial and commercial enterprise the Donau Chemie is 
active in Austria and in some of its neighbouring countries; about one 
third of its production is exported. It mainly produces basic 
chemicals (e.g. sulphuric acid, hydrochloric acid, sodium hydroxide, 
ferric chloride), plaster boards, fertilisers, latex and calcium 
carbide. Until 1997 its subsidiary Gerot Pharmazeutika GesmbH was one 
of the leading manufacturers of pharmaceuticals in Austria. Together 
with its subsidiary company the Donau Chemie achieved a turnover of 
more than ATS 1.3 billion and employed approx. 600 people (1997). 
Sites: Pischelsdorf (Lower Austria), Brueckl (Carinthia), Landeck 
(Tirol); headquarters in Vienna.

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Its subsidiary Donauchem Handels GmbH is responsible for the sale of 
the chemicals.


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