Buna Werke Schkopau was a chemical company specialising in the production of polymer materials such as plastics and artificial rubber. The name BUNA is derived from the technology of polymerising butadiene with sodium (chemical symbol: Na) as a catalyst.
After the political changes in the GDR in 1989, Buna Werke were initially administrated by Treuhandanstalt (later Bundesanstalt für vereinigungsbedingte Sonderaufgaben (BVS), a privatisation agency. In 1992, the works employed only 7200 people. In 1995 Dow Chemical took over large parts of the facilities, but only few employees. The outdated production facilities were demolished and the land rehabilitated for use. Rehabilitation expenses of BVS were estimated to be 809 million Deutsche Mark in 1999 alone.
Subject ID: 80572
MoreBuna Werke Schkopau was a chemical company specialising in the production of polymer materials such as plastics and artificial rubber. The name BUNA is derived from the technology of polymerising butadiene with sodium (chemical symbol: Na) as a catalyst.
After the political changes in the GDR in 1989, Buna Werke were initially administrated by Treuhandanstalt (later Bundesanstalt für vereinigungsbedingte Sonderaufgaben (BVS), a privatisation agency. In 1992, the works employed only 7200 people. In 1995 Dow Chemical took over large parts of the facilities, but only few employees. The outdated production facilities were demolished and the land rehabilitated for use. Rehabilitation expenses of BVS were estimated to be 809 million Deutsche Mark in 1999 alone.
Since 2004, the chemical works in Schkopau belong to Dow Olefinverbund GmbH, a subsidiary of Dow Chemical Company, its production of plastics and basic chemicals is now petroleum based and uses modern technologies.
Subject ID: 80572
Subject ID: 80572