www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
China / Business

Lianhetech buys UK chemical firm for $126 million

By Angus McNeice in London (China Daily) Updated: 2017-03-04 12:34

Major Chinese chemical company Lianhetech has bought UK-based chemical manufacturer Fine Industries in a 103 million pound ($126.5 million) deal, securing an operation with more than 200 jobs and providing Lianhetech with its first European base.

Shenzhen-listed Lianhetech snapped up Fine Industries, based near Middlesbrough, from private equity firm NorthEdge Capital.

Lianhetech is one of China's leading contract chemical manufacturers. It has a market value of $2 billion and operates seven chemical factories, two machinery plants and two research and development centers in the mainland.

Fine Industries will now act as Lianhetech's European headquarters from which it will work with clients in the agricultural, pharmaceutical and performance chemical industries.

"The acquisition provides the capability and expertise needed to develop new products and better utilize Lianhetech's state-of-the-art tech for our customers worldwide," said Lianhetech Chief Executive Maggie Wang.

"We expect Fine Industries' customer base, expertise and capabilities to strengthen our organizational offerings."

Fine Industries manufactures chemicals for agrochemical and pharmaceutical clients. It employs 220 workers and delivered a turnover of 52 million pounds in 2016.

NorthEdge originally invested in Fine Industries in November 2013.

Lianhetech buys UK chemical firm for $126 million

Fine Industries Chief Executive Chris Gowland said that Lianhetech's brand and reputation were well known.

"I expect the union of the companies to further strengthen our position in the global market," he said.

"Becoming part of the Lianhetech team is a very exciting opportunity for Fine Industries and we feel privileged it has selected our business to be the platform for its European expansion strategy."

China has rapidly become the biggest market for chemicals in the world, with an annual growth rate of 23 percent between 2005 and 2013, when China's share of the global chemical market reached 33 percent.

Petrochemical industry research firm ICIS estimated it will have a 40 percent share by 2020.

Ray Stenton, partner at NorthEdge Capital, called Fine Industries the "ideal platform" for Lianhetech's European operations.

angus@mail.chinadailyuk.com

Highlights
Hot Topics

...
主站蜘蛛池模板: 艳女伦交一级毛片 | 中文字幕亚洲一区二区va在线 | 欧美特级另类xxx | 精品呦女 | 欧美成人精品高清在线播放 | 日本精品夜色视频一区二区 | 久久精品国产99久久72 | 日韩欧美在线视频一区二区 | 国产日韩精品一区在线观看播放 | 激情视频一区 | 亚洲国产成人久久三区 | 九九99久麻豆精品视传媒 | 九九九九精品视频在线播放 | 久久久国产99久久国产首页 | 三级视频网站在线观看播放 | 在线精品欧美日韩 | 成人免费福利网站在线看 | 91年精品国产福利线观看久久 | 欧美日韩综合精品一区二区三区 | 毛片免费观看的视频 | 久草视频首页 | 欧美成人 一区二区三区 | 久久久国产免费影院 | 国产手机视频 | 欧美人成片免费看视频不卡 | 成人免费真人毛片视频 | 久久免费在线视频 | 欧美一级毛片黄 | 香港全黄一级毛片在线播放 | 美女视频网站免费播放视 | 久久久不卡国产精品一区二区 | 日韩欧美二区 | 欧美日韩高清不卡一区二区三区 | 国产精品久久影院 | 精品午夜久久网成年网 | 久久er国产精品免费观看1 | 美女mm131爽爽爽免费视色 | 国产激情久久久久久影院 | 久久久国产亚洲精品 | 免费人成网站在线播放 | 日韩欧美~中文字幕 |