Akzo's purchase
By Richard Fu |
July 28, 2011, Thursday
|
Print Edition
Print Edition
AKZO Nobel NV, the world's biggest paint maker, agreed to buy Boxing Oleochemicals, China's leading nitrile amines and derivatives supplier, for an undisclosed sum.
The purchase is subject to approval of the Chinese authorities and is expected to be completed in the fourth quarter of this year, the Dutch company said in a statement yesterday.
"The demand for amines and derivatives is expected to increase significantly over the next few years, with a third of the Asian demand for amines coming from China alone," said Bob Margevich, managing director of Akzo's Surface Chemistry unit.
The purchase is subject to approval of the Chinese authorities and is expected to be completed in the fourth quarter of this year, the Dutch company said in a statement yesterday.
"The demand for amines and derivatives is expected to increase significantly over the next few years, with a third of the Asian demand for amines coming from China alone," said Bob Margevich, managing director of Akzo's Surface Chemistry unit.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
