Engine Parts are the core aftermarket parts for overhauling the equipments. From the piston set, gasket kit, head gasket, intake and exhaust valve, bearings, thrust washer, con-rod bush and parts for fuel supply system, lubrication system, cooling system, starting system, all of the parts can be offered by us. While your machines get broken or stoped to work, the most possible problem should occur on the engine, and except for the obligatory repair, the regular maintenance is also necerssary. So the filters are sold by us popularly. Engine Parts For Caterpillar ,Diesel Engine Parts,Caterpillar Engine Parts,Caterpillar Auto Engine PartsEngine Parts For Caterpillar ,Diesel Engine Parts,Caterpillar Engine Parts,Caterpillar Equipment Engine Parts Hangzhou Holdwell Mechanical&Electrical Co.,LTD , https://www.dieselpart.nl
In October this year, U.S. Univar achieved its first acquisition in China. The Shanghai Jinxing Chemical Company (Shanghai), which is engaged in the distribution of chemicals and coatings, was acquired. Although the sales of Shanghai Venus is less than US$1 million per year, the strategic significance of this acquisition is far greater than the scale. China enacted regulations in 2004 that allow foreign companies to conduct wholly-owned distribution activities in China. Univar is the first overseas chemical distributor to obtain a license. The acquisition of Shanghai Venus Chemical Corporation makes Univar an important member of the Chinese distribution market.
The United States GPX International Tire Company acquired Hebei Tire Company in August and established a wholly-owned company, Hebei Xingmao Tire Company. According to GPX's plan, Hebei Xingmao will carry out the development of 12 series of products, and will invest heavily in the recent transformation of the existing production line. It is estimated that the annual production capacity of Hebei Xingmao will reach more than 46,000 tons within 1 to 2 years.
In late September, Shell China Group acquired a 75% stake in Beijing Uniform Petrochemical Co., Ltd. and Uniform Petrochemical (Xianyang) Co., Ltd. under Uniform Petrochemicals Co., Ltd. (Unified Petrochemicals). The deal made Shell become the number one international energy company in China's lubricants market.
In early November, Bayer Healthcare took over 1.264 billion yuan to acquire the OTC drug business of China Dongsheng Technology Xi’an Gaiteri Pharmaceutical Co., Ltd., which is the largest cross-border M&A case in China’s pharmaceutical and healthcare industry to date. The acquisition includes a distribution network of manufacturing facilities and OTC drugs in China in Qidong, Jiangsu.
In addition to the well-known large companies in Europe, the United States and Japan, South Korean and Indian companies also joined the ranks of acquiring Chinese chemical assets. Gelatin, a pharmaceutical manufacturer for the pharmaceutical industry in India, announced in October that it had acquired the gelatin production plant of China Gelatin. This was the company's first overseas acquisition, which enabled Sterling Biotech to successfully expand its new markets in Far East Asia.
The world’s second-largest spandex manufacturer, Korean Hyosung Co., Ltd. has also started operations and acquired Dongguo’s spandex device in southeastern China. The acquisition was completed by the end of November. At this point, Hyosung's creora brand spandex production capacity has increased by 6,000 tons/year.
The recent rapid development of the hydrocolloid market has also made it a key area for acquisition activities. The major hydrocolloid suppliers Cargill, Danisco and CP Kelco of JM Huber all continued to expand their hydrocolloid business in China through expansion or acquisition. CP Kelco acquired Xanthan gum manufacturer Shandong Quanmiao Bio-products Co., Ltd. early this year and plans to build a 15,000-ton/year hydroxymethyl cellulose (CMC) plant in Taixing to serve the Asian market. Danisco, in August, acquired CMC producer Zhangjiagang Sanhui Chemical Co., and Cargill also acquired a 100% stake in China's Shandong Zibo's Cargill Yellow River Bio-engineering company.
Multinationals Acquiring Chinese Chemical Assets Intensify
As the fastest growing market in the world, China has always been the focus of investment by many multinational corporations. Compared with the establishment of wholly-owned subsidiaries, the acquisition and restructuring of Chinese chemical assets is a more direct and convenient way for multinational companies to enter the Chinese market. This year, this kind of acquisition and reorganization of multinational corporations in China has intensified.
Prev Article
About the basic knowledge of magnetic pumps