PPG buys Akesu to wont do eventually exert enrols coating greatly

Published on 2018-06-21

On July 6 latest news, PPG is in Home Zhang the 25 acre “III of harbor period ” wants extend. The plan will include to pack coating, car original equipment manufacturer (OEM) coating, industry coating and car repair coating to produce establishment, the whole world that this extend will make Home Zhang harbor becomes PPG is the greatest coating creates base.

On July 6 latest news, PPG is in Home Zhang the 25 acre “III of harbor period ” wants extend. The plan will include to pack coating, car original equipment manufacturer (OEM) coating, industry coating and car repair coating to produce establishment, the whole world that this extend will make Home Zhang harbor becomes PPG is the greatest coating creates base.

And coating of this distance PPG (Tianjin) coating of limited company ability in swimming 3 period of the project fair show be less than a week time. According to PPG coating (Tianjin) limited company recently fair show show: Coating of its ability in swimming 3 period the project predicts in May 2018 start working, will build in December 2019, this project always invests 151.2 million yuan of RMBs.

Firm fair show coating of Tianjin ability in swimming to produce can extend plan, announce harbor of extend Zhang Jia to produce again can plan, PPG near future leaves hanged. And PPG is mixed in the frequent investment of Chinese market hang extend, overcome Sunuobeier with its competitor A sending force not to have nothing to do continuously is.

And before this, on June 16, PPG overcomes an area to cast 45 million euro in Ci of Russia benefit admire (49 million dollar) paint and coating production base throw operation formally. As we have learned, this purpose is produced can amount to 25 million litres () of 6.6 million gallon, offer about 200 post. This project besides make and cent sells car, industry, pack and besides ocean application coating, still include administrative office and technical laboratory.

In the dilate with ceaseless PPG while, nobel also is in the A Kesu that regards global coating industry as the tycoon to pass the actual strength that buys promotion oneself ceaselessly. Purchase net understanding according to Chinese coating, on July 4, company of Disa Technology(Disatech) of manufacturer of Bei Erxuan cloth and British Flexcrete Technologies, France reachs A Ke Sunuo buy an agreement. Trade this successful, will strengthen the whole world that Akesunuobeier is offerring innovation industry coating and aerospace and car coating to wait for high-powered coating domain further lead position.

Presiding apparitor Ton Büchner expresses Akesunuobeier, these two buy the strategy that supports Akesunuobeier to investment grows and innovate, keep consistent with the growth strategy of the company. Buy company of paint of bibcock of industry of these two fractionize, the product that can enlarge Akesunuobeier to have and service, bring huge increase for the client, more the superexcellent opportunity that Nobel offerred A Kesu to undertake in a lot of core markets farther coating innovates.

Integrated the money 2016 signs up for two companies, 2016 annual, PPG company is 14.8 billion dollar via battalion business clean sale continuously, with on year the corresponding period keeps balance, annual realizes net profit via battalion business continuously 564 million dollar. And Akesunuobeier was recorded 2016 forteen billion one hundred and ninety-seven million euro (add up to fifteen billion and sixty-seven million dollar about) business income, and 1.502 billion euro (add up to 1.594 billion dollar about) the profit before interest duty (EBIT) . PPG and Akesunuobeier’s difference are 200 million dollar only.

To protect Ke Su resembling A high grade in that way enterprise is bought by ill will, government of near future Holand says, will reconsider a plan, be opposite with defer or preventing foreign company of Holand company buy. Before political competition, american company tries to buy Nobel of A Kesu of Holand coating manufacturer recently (Holand of AkzoNobel) He Yinghe is multilateral combine benefit China (“ combines benefit China ”(NL)) . These two progress are announced before Holand parliament vote, in Holand parliament vote, the theme that turns over immigrant and nationalism held dominant position.

By the enterprise of ambition drive, often provide action power extremely. PPG and at swords’ points of A Kesu Nobel, presenting the power that gives ” of “ try to overtake each other in friendly emulation, competition is unusually intense. Pull through invest or be being bought big the difference with the competitor, PPG and Akesunuobeier are trying to carry the market with the means wider race to control of all likelihoods, in order to achieve the ambition of its business empire.