PETROL FROM COAL
HEW GERMAN SCHEME INDEPENDENCE THE AIM. LONDON, November 1. How Herr Hitler aims at making Germany independent of foreign petrol is revealed in plans for the compulsory formation of a company for the production of motor spirit from brown coal. Ten leading firms,-; including foreign interests will be represented, and the initial capital will be just under £6,000,000. The two new hydrogenation plants will use the German Dye , Trust’s process and produce 500,000 tons of spirit a year. The Chemical Trust’s works will increase their capacity to 350,000 tons. Thus the aggregate is approaching the 1,000,000 tons which Germany imports annually, and which is expected to be reached in 1937. Jt is understood that the new plants will be established in central Germany, offering strategical advantages. Nevertheless, the powers exercised' in connection with the formation of the company are criticised as a serious threat to industrialism. The move may also produce difficulties in revenue, as Germany heavily taxes foreign motor spirit.
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Evening Star, Issue 21878, 15 November 1934, Page 11
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164PETROL FROM COAL Evening Star, Issue 21878, 15 November 1934, Page 11
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