The hottest plastics industry is now in the upsurg

2022-08-10
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The plastics industry is experiencing an upsurge of mergers and acquisitions. Where are the national enterprises going?

2010 is a year of rapid development of mergers and acquisitions in the global plastics industry. According to statistics, the number and total volume of global mergers and acquisitions in 2010 have increased significantly compared with 2009, which can turn waste into energy, of which the total volume of mergers and acquisitions in emerging markets has reached a record high

according to a report provided by the M & a market of information institutions, the global economy gradually recovered after the economic crisis in 2010. Under this background, a new round of optimal allocation of global economic resources has been achieved through mergers and acquisitions. In 2010, the total volume of global M & A transactions was 117.19 million, an increase of 21.3% over 2009, while the total volume of M & A reached $2.09 trillion, an increase of 22.7% over 2009, which can well detect the process performance of related products and the internal defects of manufacturers' products, but it is still lower than the most active period of M & A transactions from 2005 to 2008

although the total amount of mergers and acquisitions has increased, the proportion of large-scale M & A transactions with more than $10billion in the global M & a market in 2010 to the total amount of mergers and acquisitions further decreased, from 29.7% in 2009 to 15.3% in 2010, while the proportion was as high as 30.8% in 2008. The proportion of M & a volume of 2 billion to 10 billion scale M & A transactions increased significantly, from 27.7% of the total M & a volume in 2009 to 33.7% in 2010

The plastic industry has been dragged into the quagmire of economic recession in the years of

, and enterprises in various countries are trying to find a way to get rid of difficulties as soon as possible. Therefore, in 2010, enterprises in various countries will be determined to free themselves from the quagmire of economic recession

although many companies continue to announce restructuring and closure plans, especially at the beginning of 2010, we still see more enterprises' investment and expansion plans in 2010

developed countries shoulder the banner of mergers and acquisitions in the plastic industry

the economic recession still had a great impact on the plastic industry at the beginning of this year. At the beginning of 2010, GuilLin group of France held further negotiations on the acquisition of sharp Interpack. Sharp Interpack is an American plastic packaging company, specializing in the production of heat transfer packaging, with annual sales of 136million US dollars. At the same time, the German Ralf Schnieder group announced the merger of its two auxiliary machinery companies Motan and colortronici into an independent company Motan colortronic. Cereplast, an American bioplastics company, signed a distribution agreement with hulman, while BASF sold its Aurora special effect film business to RMS packaging, headquartered in Peekskill, New Jersey. After several months of approval by relevant European and American regulatory authorities, Australian packaging giant Amcor acquired Alcan Packaging from Rio Tinto Group at a price of US $1.948 billion. After the acquisition, Amcor is expected to have 35000 employees worldwide, covering 43 countries and more than 300 sites

In September, ler mrskgroup company of Denmark sold rosti technical plastics h to Stella plastic holdings AB with most of the assets of oldinga/s company. At the same time, the French auto parts manufacturer decided to invest US $11.5 million in Gabriel, Slovakia to produce plastic parts. At the same time, bartonfield Extrusion Technology Co., Ltd. and Cincinnati Extrusion Technology Co., Ltd. in Vienna, which previously operated under the same roof but were independent of each other, announced the merger, thus forming the world's largest extrusion equipment brand for the production of pipes, profiles, films and sheets. In addition, Germany's koderberg group and its subsidiary European spiral medical company jointly acquired 50% of the shares of vistamed, an Irish medical equipment manufacturer

In September, the plastic M & a market was relatively calm. Pipelife, headquartered in Austria, agreed to acquire westpipe, a Swedish pipe manufacturer; At the same time, BASF announced that it had officially acquired Koning, a specialty chemicals company, at a bid price of 70million euros. In June, the European Commission approved polimerica to sell one of its PS plants to total, and Greiner company was also approved by the anti-monopoly authority to take over the packer expan company

In September, Finnish plastic packer Huhtamaki sold its European hard plastic packaging business to island acquisitions. This time, Huhtamaki sold hard plastic consumer goods produced and manufactured in hmeenlinna, Finland, auneau, France, siemianowice, Poland, Istanbul, Turkey, Germany and Lithuania. The total acquisition cost was 52 million euros. Teknorapexco The company has acquired the thermoplastic vulcanizate (TPV) business of sarlink brand from Royal DSM of the Netherlands, and the transaction price has not been announced. Russian petrochemical giant Sibur holdings acquired the polymer business of novatek, Russia's second largest natural gas manufacturer

In the month of

, although the end of the year is approaching, the expansion and acquisition have never ended. Wavin, a Dutch manufacturer of plastic piping systems, acquired part of the piping business of kWh piping. Styron recently announced the acquisition of 50% of the shares of the joint venture Sumitomo Dow Co., Ltd. at the 18th International Plastics and Rubber Exhibition (k2010). Germany fkur plans to set up a composite material base in Michigan in 2011. At the same time, BASF and Ineos will merge the styrene business and form a joint venture called styrolation with 50% shares held by each. RPC group, a UK based rigid plastic packaging manufacturer, announced on December 16 that it had agreed to acquire its Danish competitor superfos for 240million euros

emerging markets have become a hot spot for M & A investment

at the beginning of the year, Gerresheimer group established a new medical plastic products production plant in indayatuba, Brazil. The global packaging giants began their own investment plans. Klckner pentaplast Group invested 27million euros to expand its shrink label film production capacity in Asia and North America, including starting new production capacity of horizontal shrink label film at its factories in Rayong Province, Thailand and rural retreat, Virginia, USA. In addition, it will expand the PVC film production capacity of Rayong Province factory

polykemi, a Scandinavian producer of thermoplastic compounds, spent $4.3 million to expand the Swedish and Chinese markets. Swiss firm quadrant said it plans to increase its stake in the South African market through alliances; Bayer materials science, headquartered in Leverkusen, Germany, invested S $12million (58.7 million yuan) for the center, which will be engaged in the development of thin films for electronic applications; Baldaag, a German plastic parts manufacturer, announced the completion of its 137000 square foot plastic assembly plant in Beijing in June

dynisco announced in November that it would expand the market in the Middle East, while European companies fkur and Greiner announced plans to expand the American market, while Austrian manufacturer Greiner plans to open a factory in Mexico to supply the American and Latin American markets

in China, after months of negotiations, Yantai Wanhua will officially take over Bosu company, a Hungarian PVC manufacturer, in August. Swedish TPE composite manufacturer hexpol350000 euros to acquire vtctpe, a subsidiary of polymer manufacturer vita. In addition, Sinochem Chenguang Chemical Research Institute and DuPont high performance polymers division signed a letter of intent to establish a 50/50 joint venture to produce and sell fluororubber raw rubber and premixed rubber in China. The joint venture will include a cutting-edge premixed rubber plant to be established in Shanghai, which is expected to start operation in the second half of 2011

at the same time, tessnderlo and baerlocher strengthened their investment in the Chinese market. The ctscussin Tessier Business Department of tesserdlo group plans to build a composite production plant in China to provide services to automotive customers. Arkemagroup, a French material supplier, announced a new polyvinylidene fluoride (PVDF) plant in China early next year, which is its first PVDF production plant in Asia

Where will national enterprises go under foreign capital's entry and acquisition?

judging the fracture type in recent years, national brands in the plastic industry have been "married" with multinational companies. Bayer, BASF and other world-class chemical material enterprises have entered the Chinese market and established branches, while Germany's copellon group directly acquired Nanjing Keya company, While absorbing the advantages of national brands and introducing German advanced technology, it established copetron (Nanjing), becoming a leading enterprise in China's plastic industry

for national brands, in the context of economic globalization, it is certainly necessary to cooperate with multinational companies for their own growth and development. However, in mergers and acquisitions with foreign capital, Chinese national brands need to be self reliant, enhance risk awareness and defense capabilities, and ensure their legitimate rights and interests

there are more and more similar cooperative mergers and acquisitions. However, national enterprises should enhance their risk awareness, learn from the experience and lessons of previous cases, and constantly learn and master international rules in order to fully protect their own rights and interests and the growth and development of national brands. For example, national enterprises may require that the production share, sales channels and objects of national brand products be clearly stipulated in the contract, especially the detailed rules for breach of contract and compensation clauses

what foreign capital opens up may be "treasures" or "sharks". The foreign side pays more attention to the long-term nature of market share, and is also familiar with international rules and relevant laws. For national enterprises that are still very weak and inexperienced, they may be misappropriated by the foreign side in disguise if they are not careful, which will not only make little profit, but also may even completely lose the brand and enterprise benefits that have been accumulated so hard. Therefore, we need to establish an effective mechanism to prevent the risks of foreign mergers and acquisitions

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