SILK FROM CELLULOSE
BRITISH COMPANY’S PLIGHT',
£6,550,000 ENDANGERED
LONDON, April 27.
The British Cellulose Chemical Manufacturing Company has issued a report stating that unless more money is put up debenture holders must foreclose. If the company is now liquidated' it is , feared that the whole of the preference and, ordinary share capital of £6,650,0G0 will be lost. The Government holds a, portion of the preference capital. The company hoped, lo make a commercial success of artificial silk manufacture from, cellulose acetate, but did, not succeed. A drastic scheme of reconstruction is being put forward.
Celluloeo constitutes the chief part of the solid' framework of plants, wood, linen, and paper. By the action of nitruer sulphuric acids on cotton, cellulose nitrate is obtained, and from various forms of these nitrates guncotton, celluloid, or artificial silk is prepared.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19220515.2.66
Bibliographic details
Evening Star, Issue 17968, 15 May 1922, Page 6
Word Count
136SILK FROM CELLULOSE Evening Star, Issue 17968, 15 May 1922, Page 6
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