Listed in Home and Garden
Consolidated Industries Corporation N.V., a private company with approximately 150 shareholders, was established in 1967. It is situated near the southern end of Paramaribo.
N.V. CIC commenced its commercial activities with the production and distribution of powder detergents for household and industrial use. The initial equipment included a spray tower (capacity 2400 T per annum), a steam boiler and a box-filling machine. Diversification of the product range followed in the second year of operation, with the production of liquid detergents and toothpaste. Production was extended gradually, while the capacity of the spray tower was upgraded several times and presently mounts to 4800 T per annum.
In 1971 the annual turnover of the company reached a level of one million Suriname guilders (i.e. the equivalent of ± U.S. $ 550.000,-).
Company performance during the seventies was characterized by diversification, quality improvement and gradual enlargement of domestic market-shares.