Leather chemical giant acquired active corporate restructuri
source：Guangzhou Geao Polymer Materials Co.,Ltd date：2014-4-27
Month, the German chemical company BASF (BASFSE) to � 3.1 billion acquisition of rival Cognis Holding Company (CognisHoldingGmbH), agreement between the parties, including to pay off debt. The deal will be the year of the global chemical industry's largest deal. The transaction is expected no later than November 2010 to complete.
Corning was a German chemical giant Henkel subsidiary, chemical and pharmaceutical production, food and beverage, dietary supplements and cosmetics, industrial cleaning supplies. The company has 5,500 employees and 2009 sales of 2.6 billion euros. Cognis in 2001 by Henkel to sell 2.5 billion euros of private equity investment firm Permira and Goldman Sachs Group.
Although now Cognis has nothing to do with the leather chemical industry, but in 2007 an independent spin-off companies have strengthened kk including leather chemicals, including business. The latter is in the April 1 acquisition of the world-renowned DyStar dyes giant factories in Germany, both inside and outside the industry caused a sensation.
Corning, kk; Baume, the evolution of DyStar
April 1, PulcraChemicals (kk Chemical) at DyStar (DyStar) bankruptcy led to discontinuation four months after the acquisition of its factories in Germany Geretsried, including factory land, plant, equipment and inventory of existing at 5 month to resume production, and as the company plans to textile factories in Europe, leather business production base.
Germany Geretsried factory has over 60 years of textile, leather and chemical fiber products manufacturing history. 年 2006, DyStar Group Geretsried plant as part Dr.Th.Böhme (Baume) Group were acquired, which was the world's leading textiles, leather and chemical fiber products supplier.
For this acquisition, PulcraChemicalsCEOYusufAktalay said: "Geretsried plant can be said for us tailor, because our product mix with DyStar and Dr.Th.Bohme very similar, and factory workers Geretsried rich professional level for us say this is great wealth through the acquisition, PulcraChemicals further enhance its market competitiveness, but also improve the European region and the world in the service system. "
Cognis Cognis is derived from Henkel ( Henkel , Germany ) , is one of the largest specialty chemicals supplier in the world. July 1, 2007 , Cognis Group 's strategy of its divisions: Process Chemicals Division ( including the Auxiliaries Department and leather auxiliaries Department ) and the establishment of an independent legal separation kk chemical company . July 2008 , DSD and executives to jointly acquire kk kk chemical . Kk Chemical has 125 years of chemical industry background , from the initial start Boehm oleochemicals experienced Henkel , Cognis stage of development. As a total solutions provider , PulcraChemicals from fiber to textile companies to deal with the entire textile chain to provide the full range, competitive products. In addition , it also provides suitable for tanning industry from cleaning and degreasing and then dyeing and finishing processes of various specialty chemicals .
December 1 last year , dyes giant DyStar (DyStar) end of the German company 's bankruptcy protection , the company Frankfurt, Leverkusen , Brunsbüttel, Geretsried plant shutdowns , the former world's number one dye business, " Empire State Building " has collapsed . With the bankruptcy DyStar , Ciba merged BASF, former DyStar , Ciba , Clariant three pillars of the era is gone.
The mid-1990s, a series of major recombination events between large Western dye company, changed the pattern of the dye industry.
At the time, Bayer and Hoechst dye business merger between the two sides, composed of DyStar companies; Sandoz separation of Clariant; separation of Ciba Ciba Specialty Chemicals Company; BASF acquired Zeneca dye sector. With DyStar and BASF dye units into the creation of new DyStar companies, restructuring dye industry has entered a new stage, the formation of the Big Three German DyStar, Ciba Specialty Chemicals and Clariant third of the world's situation.
Although the world's largest DyStar dyes acquired companies were bankrupt, but the leather dyes aspects remained optimistic expectations. According to reports, DyStar Before 2009 China International Leather Fair week news release, saying the market has seen little hope of recovery, adding that the market outlook for leather dyes cautiously optimistic. Took office last August DyStar leather business leader HenningWitte-Abel said DyStar cost taken to increase the localization and intensity adjustment measures have seen the results, and DyStar recently in China on a new production line located in Germany's DyStar Geretsried leather business sector will also attract more leather engineers and technical workers.
Lanxess, Rohm and Haas, Dow evolution and marriage
In 2009, the global chemical industry has played the most important acquisition of two cases: 1 April, Dow Chemical to complete the $ 16.3 billion acquisition of Rohm and Haas, the acquisition is implemented functions Dow chemicals and specialty chemicals an important step in the process of business growth strategy towards; April 10, BASF has successfully completed the acquisition of Ciba holding Company, the new changes in the international chemical pattern of reproduction.
Marketing cooperation agreement signed between LANXESS and Rohm and Haas in 1997 continued, leather chemicals sales and after-sales work will be undertaken to complete the acquisition of Dow Chemical products companies . Mr. DidierDebier skin Dow Group of the Ministry of Commerce to bring a new manager Dr. BernhardWehling LANXESS leather chemicals business manager issued a joint statement to dispel the concerns of the leather industry customers . In a joint statement , Dr. Wehling said , we previously Rohm and Haas Company , acrylic technology is very strong , has now become LANXESS pilot polyacrylic acid products supplier . Two raw materials supply company merged technology is complementary . Mr. Debier added that Dow and Lanxess will join forces to bring more benefits to the leather industry , "Our plan is to Rohm and Haas acrylic technology and skin of the secret marriage with Dow sales network , creating a to provide customers with a strong team of experts innovative solutions . " LANXESS headquarters in Leverkusen, Germany , in July 2004 , the former Bayer 's Lanxess chemicals business from integration of new companies , and January 31 , 2005 successful listing , truly become an independent operating company . LANXESS leather industry is one of the few suppliers can provide almost all the chemical additives for leather chemicals . Products include inorganic and synthetic tanning agents, preservatives , tanning and finishing auxiliaries, leather finishes and dyes.
Lanxess and Dow cooperation agreement (the former Rohm and Haas Company) will further expand between LANXESS products.
As early as 2006, LANXESS Group has acquired Dow Chemical in South Africa chrome tanning business, completed the first acquisition of Lanxess history. LANXESS get South Africa Newcastle (Newcastle) is ChromeInternationalSouthAfrica company (CISA) 50% of the equity, which is a subsidiary of The Dow Chemical currently Sentrachem and through its own business. The remaining 50% of the company's business has long been owned by CISA Lanxess.
Heitmann LANXESS Chairman of the Management Board at the time, said: "This gives us the sole owner of the world's most advanced chrome tanning process equipment, obtained from chromium ore to leather tanning materials such a complete value chain which will be further strengthened. Lanxess chemicals sector chrome tanned leather chemicals business profitability. "
November 18, 2009, LANXESS Wuxi Leather inaugurated a new production line of chemicals.
Which production line with an annual output of 1,800 tons Tan Lihua. Tan Lihua is a polymer tanning agent of new products, which in the tanning process, the two-step synthesis of step tanning process, shortening the production time of leather, and economical use of chemical raw materials. It can improve the softness of the leather and leather finishing billet, improve tear strength, grain patterns on the formation of a unified, can be used in garments, leather tanning and re-vamp of the car seat. LANXESS to increase investment in China attaches great importance to the table clear Sheng local production in China. As one of the world's largest supplier of leather chemicals, the new product line will strengthen LANXESS position as a leading supplier of polymer tanning agent to help them meet the growing demand for low-gravity tanning chemicals.
Number of corporate restructuring skin appearance
On the one hand is the acquisition of mergers and acquisitions, one is camped Lazi China.
Founded in 1894, the German chemical group Sima Sima Chemical Investment in 2007 (Foshan) Co., Ltd. opened, the company is located in Sanshui District, Foshan City, Guangdong Datang Industrial Park, specializes in all kinds of ceramic additives, leather auxiliaries and Auxiliaries.
TRUMPLER (Trumpler) as the first to enter the Chinese leather enterprises, but also the world's major oil giant, the company invested � 4 million in 2005 to build a TRUMPLER of dyeing company Jiaxing factory, covering pre-processing, oil Fatliquor , re-tanning agents and dyes, and other products.
September 8, 2006, Starr Fine Paint (Suzhou) Co., Ltd. held a grand opening ceremony, the manufacturing plant is the largest single investment to date Starr project, but also its first nine major global production base, it Starr skin is even global chemical industry technical highest degree of automation of the most perfect, the most stringent environmental standards of production plants. Suzhou plant design capacity of the first phase of 17,000 tons / year, specifically designed for the needs of the Chinese market, it is completely tailored called localization
BK Giulini GmbH Germany, founded in 1823, is Israel's largest chemical manufacturers - a wholly owned subsidiary of Israel Chemicals Group, is a world famous fine chemical companies. October 2004, BK Giulini (Jiangyin) industrial park project first began operations leather chemical projects; October 2005, the third item shoe project began production.
In the production base in China, while more preemptive leather enterprises to establish laboratories and technical service centers in China to better serve nearby tanneries customers. It is understood that Dre and Guangzhou in Tongxiang, Clariant in Guangzhou, Guangzhou Pierre Earle and so established a technical service center, the purpose is to provide comprehensive services to Chinese customers.
Products and services, are the two elements of the enterprise competition in the skin of today's increasingly fierce market competition, mergers, restructuring, acquisitions, has become the norm, such as the historic German Der Spiegel (Munzing) chemical company, has nearly 200 years inheritance, but still difficult to avoid merger rumors. Not to mention the domestic leather enterprises only two or three decades of development history, does not have the ability to hide and foreign enterprises to carry out comprehensive competition. Therefore, Chinese leather enterprises appropriate to put a longer-term perspective, to look farther, domestic enterprises bigger and stronger skin, the skin may wish to draw Tingjiang of practice to achieve vertical and horizontal joint, hop development, early in the skin of established industry leadership
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