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American Chemical Firm to Build Multi-million-dollar Plant in Israel

Miles Laboratories, a leading American Chemical firm, will build a multi-million dollar plant near Haifa for the production of citric acid, Pinhas Sapir, Minister of Trade and Industry, announced here. The plant will be finished by the end of 1961.

The plan originally was to be kept secret but the American firm decided a few days ago that its Israeli subsidiary should openly carry the company’s name in defiance of the Arab boycott. Israel at present imports annually $500,000 worth of citric acid which is a basic material in food industries and in bromides.