Now, the major chemical companies are accelerating mergers and acquisitions!

now, the major chemical companies are accelerating mergers and acquisitions!In recent years, the acquisition and reorganization of coatings and chemical enterprises frequent events, the entire market pattern is facing major changes. Acquisition and reorganization is a kind of commercial activity, but also a means of enterprise development, in the current market economy, the market situation is serious, many enterprises are trying to use a wide range of internal framework to maximize corporate profits, in the future, strong joint, split reorganization, mixed participation, closure and transfer, internal restructuring and other ways of merger and reorganization cases will continue to emerge with the expansion of the business sector, improve profitability, occupy more markets.2020, the acquisition and restructuring of various companies and related chemical enterprises has been in full swing, the following Ai Tubang take you to take stock of the acquisitions of major enterprises since the beginning of this year.Jinpu Group intends to acquire 100% of Jiangsu Taibai On the evening of March 20, Jinpu Titanium announced that its controlling shareholder, Jinpu Group, intends to acquire 100% of Jiangsu Taibai's state-owned stake held by Zhenjiang State Investment Holding Group and pledged to promote the acquisition of Jiangsu Taibai's stake by Jinpu Titanium within 36 months. Jinpu titanium industry is the domestic production capacity of the top four titanium dioxide enterprises, the announcement said, Jiangsu Taibai's overall valuation of 131 million yuan.Plyte intends to acquire an 80% stake in Revitalized Chemical Plitter announced on the evening of March 19th that the company had signed a Letter of Intent on Equity Transfer with Chen Jianhua, a shareholder of Revitalization Chemical, on March 18th. Chen Jianhua intends to transfer 80% of his stake in Revitalized Chemical to the company at a transfer price of 100 million yuan. Revitalizing chemical industry is currently China's blocked amine-type photostabilizer and its intermediate production of the old enterprises. It is reported that Plitter recently acquired a stake in five companies, the transaction price of 1.066 billion yuan.Germany's Weilburger 's parent company, Grebe Holding, announced on March 18 that it had withdrawn from its former joint venture, CMW Holding Ltd. from February 25, 2020, and is now operating independently in China as a wholly owned subsidiary of Weilburg China (Tianjin) Co., Ltd.In exchange for a stake in Kasoburg Hui Holdings Limited, Weiburg will take back business based on its authorized technology and other assets and take over ownership of the new 32,000 square meters production facility in Tianjin from Kassyoburg Hui Holdings Co., Ltd.announced on March 16th that it had reached an agreement to acquire CVC Thermosalten SpecialTy Materials, two North American chemical manufacturers,Hensmey Group. CVC Thermosoend Specialty Materials is a North American manufacturer of specialty chemicals that serve the industrial composites, adhesives and coatings markets. CVC's thermosoenssed specialty materials company, which earns about $115 million a year, currently has two plants. Under the terms of the agreement, Huntsman will pay $300 million for the acquisition.on February 20th Huntsman announced that it had completed its acquisition of Iccyne-Lapolla. Icynene-Lapolla is North America's leading manufacturer and distributor of sprayed polyurethane foam (SPF) insulation materials for residential and commercial use. Huntsman bought the business from FTL Partners, a subsidiary of LLC, for $350 million.AkzoNobel's acquisition of the remaining stake in Turkish paint companyakzoNobel completed a 25 per cent stake in AkzoNobel Boya Dayive Ticaret A.S., a leading Turkish powder coatings joint venture that produces and distributes powder coatings in Eastern Europe and Central Asia, in addition to Turkey. AkzoNobel has now acquired full ownership.BASF's joint acquisition of Solvay PA66 businessOn February 10th, Dom Chemical announced that it had completed its acquisition of Solvay Europe's high-performance polyamide business and announced the formal takeover of the Techny brand. On January 31st BASF announced the completion of its acquisition of Solvay Polyamide (PA6.6), which was completed in conjunction with Dom Chemical's acquisition of Solvay Global PA6.6.PPG acquires Chicago powder coatings makerOn February 6, PPG announced that it had agreed to acquire AlphaCoating Technologies, LLC ("Alpha"), a powder coatings manufacturer for light industry and thermal substrates. The transaction is expected to close in the first quarter of 2020. Founded in 2000, Alpha is dedicated to the development, manufacture and sale of powder coatings for light industrial applications, including medium density fiberboards and thermal substrates, as well as the production of powder coatings for metal and light industrial applications.'s $640 million acquisition of Peroxy Chem On February 3, 2020, Ingtroon Industries successfully completed its $640 million acquisition of Peroxy Chem in the United States. 　　PeroxyChem's portfolio has core strengths in the hydrogen peroxide application market, and given the complementarity of the two companies' global operations, Ingtron expects the combined global business to generate $20 million in synergies. 's acquisition of Polish BOPP film company days ago, Silk Industries signed a binding acquisition agreement to buy Poland's BOPP film manufacturer Flexpol, with an expected acquisition price of $22 million, completed in debt and cash, the acquisition is expected to be completed in the first quarter of 2020. Flexpol, one of Poland's largest manufacturers of polypropylene products, generated sales of approximately $70 million in 2019 and adjusted EBITDA of approximately $3.7 million. conclusion behind every corporate acquisition is a new business goal, even some cross-industry mergers and reorganizations. In any case, the merger and reorganization between enterprises, its ultimate goal lies in the improvement of strengths and weaknesses, strong joint and common development. Enterprises choose mergers and acquisitions, can be the two sides of the resources, technology, capacity, products and other better integration, and ultimately achieve a win-win goal. with the changes in the general environment in recent years, from the current development status of the industry, in the future development of the paint market, mergers and reorganization is the only way. The increase in the news of the acquisition and merger of paint enterprises, while highlighting the desire of enterprises to further expand the operating sector and plunder more market ambitions, also means that "economic globalization" has become the main trend of economic development of the paint industry.