**Exhibit 10.6**

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**Imperial Chemical Industries PLC   ****Annual Report and Accounts and Form  20–F 2000****Notes relating to the accounts**

**Note 42 Related party transactions**

The following information is provided  in accordance with FRS No.8 –*Related Party Transactions* as being  material transactions with related parties during 2000.

Related party: Huntsman ICI Holdings LLC (HICI), disclosed as a principal associate on page 69.

Transactions:

|   | a) | Sales of naphtha and ethylene to HICI amounted      to £201m (1999 £128m;1998 £nil). |
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|   | b) | Purchases of ethylene and titanium      dioxide from HICI amounted to £153m (1999 £97m;1998 £nil      ). |
|--------|----|----------------------------------------------------------------------------------------------------------------------------|

|   | c) | Amounts owed to the Group relating      to the above transactions at the year end amounted to £1m (1999 £10m;      1998 £nil). |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------|

Related party : Phillips-Imperial  Petroleum Ltd (PIP), a principal associate during 2000 and sold in December  2000.

Transactions:

|   | a) | Sales of crude oil and refined      products to PIP amounted to £334m (1999 £168m: 1998 £98m). |
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|   | b) | Purchase of refined oil and      refining costs from PIP amounted to £55m (1999 £23m; 1998 £29m). |
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|   | c) | Site services and other charges      to PIP amounted to £13m (1999 £15m; 1998 £23m). |
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|   | d) | Amounts owed to the Group related      to the above transactions at the year end amounted to £33m (1999 £29m;      1998 £5m). |
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Related party: ICI Teijin Fluorochemicals Ltd, a 50/50  joint venture in Japan with Teijin Ltd.

Transaction:

Loans totalling Yen 5 billion ( 1999 Yen 5 bn: 1998 Yen 5 bn ) have been provided to the joint venture by its parent companies under a five year floating rate facility ( ICI’s share Yen 2.5 billion (1999 Yen 2.5 bn; 1998 Yen 2.5 bn) ( £15m; 1999 £15m; 1998 £13.2m ). These have been used to repay existing fixed rate loans. The maximum amount outstanding during 2000 was £16m.Interest is payable at a rate of 50 basis points above the 12 month Japanese Yen LIBOR.

Related party : IC Insurance Ltd and its subsidiaries, disclosed as a principal associate on page 69.

Transactions:

|   | a)     | Insurance claims settled by      IC Insurance Ltd with ICI amounted to £0.2m ( 1999 £1m; 1998      £0.8m ). |
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|   |   | Funds on deposit with ICI Finance      PLC amounted to £10m ( 1999 £10m; 1998 £nil).                        |

Related party; Irish Fertilizer Industries Ltd, an equity accounted associate in Ireland.

Transactions: Loans totalling £5m  (1999 £nil; 1998 £nil ) have been provided to the associate by  ICI. The maximum amount outstanding during 2000 was £5m. Interest is payable  at a rate of 72.37 basis point above the prevailing 2 year fixed rate.

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