The news of the decision by Israel Rogosin to cancel plans for the giant rayon project in Israel came like a clap of thunder to Israelis, especially to residents of Ashdot whose economic future was based on the rayon plant.
Work on the plant continued till Friday, with many people working on the huge building which was to house the plant. Hope was expressed today by Israelis close to the situation that Mr. Rogosin would reverse his decision and resume efforts to realize his plans.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.