Ciba polymers division

From: Yakov Horenstein (yakov@planet.it)
Date: Thu Sep 24 1998 - 18:49:15 EEST


Someone brought this notice to my attention, which is of interest to the RP
community. Ciba's Rapid Modeling group in Los Angeles which develops the
SL-resins in exclusive collaboration with 3D Systems, is part of the
Perfomance Polymers Division.

The whole report can be found at:

http://www.cibasc.com/wn/prs/prs_01.asp?key=59

"Results posted by Performance Polymers were very disappointing, and
immediate and strong corrective action has been taken to restore, and
improve on, the 1997 profitability levels. This result was due to a
combination of lower sales prices, increased raw material costs,
unfavourable changes to product mix and cost increases, all of which have
reduced margins. Group management has implemented an immediate profit
recovery programme and a dedicated project team under the leadership of
Hermann Vodicka, Chief Executive Officer of Ciba Specialty Chemicals.
Performance Polymers division - exploring strategic alternatives including
divestment: Following internal Autumn 1997 and Spring 1998 strategic
portfolio reviews, resulting analysis has concluded that there is a limited
fit between Ciba's portfolio and the Performance Polymers business in terms
of core competencies, technologies and markets. As a result, the Company is
exploring strategic alternatives for the division including divestment."

For more information about the rp-ml, see http://ltk.hut.fi/rp-ml/



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