Krems Chemie AG#

Krems Chemie AG, company for the production of chemicals in Krems an der Donau, founded in 1948 as a GmbH (Gesellschaft mit beschraenkter Haftung), changed into an AG (Aktiengesellschaft) in 1989. Since 1997 majority ownership by the Finnish Neste Oy. Divisions: synthetic resin, natural resin, services for the chemistry and technology sectors, special products, polyester. Holder of shares in companies in Hungary, Poland, Russia and Turkey. In 1997 group turnover was 2.1 billion ATS, exports amounted to 78% and the number of employees was 632.