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In 2020, pressures from various aspects such as the economy and the market have caused many large companies to re-plan their *business operations.
On the one hand, it is to actively expand production and investment, further open up the market, and expand the customer base; on the other hand, it is also to better focus on the core business or reduce operating losses through the divestiture of the business.
On the one hand, it is to actively expand production and investment, further open up the market, and expand the customer base; on the other hand, it is also to better focus on the core business or reduce operating losses through the divestiture of the business.
BASF
BASFOn January 31, BASF completed the acquisition of Solvay's polyamide (PA 6.
6) business.
Through this transaction, BASF has incorporated innovative products such as the Technyl® brand under its umbrella, expanding the strength of its polyamide business.
6) business.
Through this transaction, BASF has incorporated innovative products such as the Technyl® brand under its umbrella, expanding the strength of its polyamide business.
By integrating the upstream key raw material adiponitrile (ADN), BASF will strengthen the PA66 value chain as a whole and improve supply reliability.
BASF paid 1.
3 billion euros for this transaction on a cashless and debt-free basis; the Solvay-related business acquired by BASF had sales of approximately 1 billion euros in 2018.
This business will be integrated into BASF's Performance Materials Business Unit and Monomer Business Unit.
BASF paid 1.
3 billion euros for this transaction on a cashless and debt-free basis; the Solvay-related business acquired by BASF had sales of approximately 1 billion euros in 2018.
This business will be integrated into BASF's Performance Materials Business Unit and Monomer Business Unit.
Arburg
ArburgOn February 12, Arburg officially signed an acquisition contract with RepRap GmbH, a German company located in Feldkirchen, Munich, Germany, to acquire the 3D printing company of Hehl und Keinath, a large family company.
The technical connection between the two companies is also obvious: Arburg’s Freeformer 3D printing equipment can be used for droplet and standard particle manufacturing, suitable for personal applications, and the German RepRap x500pro can be used for filament manufacturing, suitable for standard applications.
The two parties will further cooperate in the research and development of liquid plastics (such as LSR) processing.
The two parties will further cooperate in the research and development of liquid plastics (such as LSR) processing.
PolyOne
PolyOnePolyOne, a material supplier, announced that it has completed the acquisition of the color masterbatch business of Clariant and Clariant India at a price of US$1.
44 billion.
PolyOne also announced that the company will be renamed Avient.
44 billion.
PolyOne also announced that the company will be renamed Avient.
The agreement to acquire Clariant's masterbatch business was first announced in December 2019.
The company has 46 production operations and technology centers in 29 countries, with approximately 3,500 employees, who will now join Avient's pigments, additives, and ink departments.
The company has 46 production operations and technology centers in 29 countries, with approximately 3,500 employees, who will now join Avient's pigments, additives, and ink departments.
DSM
DSM The Netherlands* DSM Group, a scientific company focusing on nutrition, health and green living, announced an agreement with Clariant, under which DSM will take over part of Clariant’s 3D printing business portfolio.
According to the agreement, DSM will provide customers with rapid product development iterations of wire and granular materials based on application requirements.
According to the agreement, DSM will provide customers with rapid product development iterations of wire and granular materials based on application requirements.
Covestro
Covestro On September 30, Covestro signed an agreement with the Dutch DSM Group, agreeing to acquire its resin and functional materials business (RFM) at a price of 1.
61 billion euros, and will combine equity and debt financing.
61 billion euros, and will combine equity and debt financing.
The integration of RFM will increase Covestro’s sales of approximately 1 billion euros and 141 million euros before interest, taxes, depreciation and amortization (EBITDA) (estimated in 2019) for its coatings, adhesives and specialty chemicals (CAS) As far as the business unit is concerned, it will become a substantial strategic growth opportunity, which can increase sales of the business unit by more than 40% to approximately 3.
4 billion euros (as estimated in 2019).
The transaction is expected to be completed in the 2021* quarter.
4 billion euros (as estimated in 2019).
The transaction is expected to be completed in the 2021* quarter.
Original title: Inventory of business transfer events of large enterprises in the rubber and plastics industry in 2020
