Recently, occupy personage of know the inside story to divulge, lang Cheng of tycoon of chemical of German special type (Lanxess) searching for its polyurethane business buy the home. This company already invited heart volition bank to be searched for its polyurethane business buy the home. According to saying, the appraise value of this business section may be as high as 600 million euro. Langcheng and respect of heart volition bank reject to publish any comments with respect to this matter.
Advance company business to recombine continuously
Through selling, lang Cheng will continue hard to cut operation and come off its invest assorted substantial. 2022, lang Cheng and An Hong capital of company of illicit collect equity (Advent International) cooperate, establish the joint ventures of high-powered project polymer with banner whole world jointly, bought Holand the business of data of Di Siman project of group of royal Di Siman (DEM) . On April 3, 2023, envalior of company of global project data holds water formally as a new company. Envalior by the business of data of Di Siman project with complementary height (DEM) with business of data of Lang Chenggao performance (HPM) composition, install grand capital and Lang Cheng to have by company of equity of global illicit collect.
Lang Cheng the project data business at that time board piece in, included high-powered data business (HPM) with polyurethane system professional work. As department of high-powered data business (HPM) merge into after the joint ventures, lang Cheng cancelled Wu of 4 great undertaking board piece medium project data business board piece, and to this one board piece department of medium polyurethane system professional work, lang Cheng says to will seek farther development opportunity for its.
November 2023, company of Lang Chengxuan cloth already started polyurethane business offer a plan. Lang Cheng expresses, regard Lang Cheng as the polymer business that puts only, this business already accorded with the strategic direction of the group no longer, the group already undertook to its business combination systematization is adjusted in recent years. This business has 6 production base in the whole world, restrain 400 employee.
Predict to be in future a few the contact begins to buy the home inside week
Lang Cheng is right of polyurethane business sell reflected the trend with chemical general industry, each company is in be evaluated ceaselessly and configure its business combination afresh. Polyurethane business involves extensive downstream application field, it is the polyurethane elastomer material that produces tall wear-resisting, 2 it is the polyurethane that production uses at adhesive and leather coating dispersive body.
Say according to personage of know the inside story, predicting Lang Cheng will be in future a few the contact begins buy the home potentially inside week. Win achieve (the chemical company such as Evonik) , Stockmeier and Plixxent is considered as pair of this polyurethane business to may be interested each. The personage inside course of study expresses, year of management outstanding achievement of business of ester of Lang Chengju ammonia (EBITDA) be close to 50 million euro, trade frontal appraise value may be his 10 to duodenary.
