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On August 19, 2021, the website of the Anti-Monopoly Bureau of the State Administration for Market Regulation announced the relevant content of the acquisition of the equity of Guangdong Tongde New Materials Co.
, Ltd.
by Diaisheng Investment Co.
,
Ltd.
DIC is a Japanese company listed on the Tokyo Stock Exchange with approximately 20,000 employees worldwide
.
Diaisheng Investment Co.
, Ltd.
was registered and established in Shanghai Industrial and Commercial Bureau on July 18, 2003
.
Guangdong Tongde New Material Co.
, Ltd.
was established in July 2013.
It is the second production base of Tongde resin.
It is located in Huacai Chemical Coatings City, Wengyuan County, Shaoguan City, Guangdong Province.
It covers an area of 75,000 square meters, and the first phase has been completed with an area of 65,000 square meters.
The annual production capacity of synthetic resin is 100,000 tons.
It fully realizes a new, intelligent and environmentally friendly manufacturing mode of automation, intelligent production and information management
.
Guangdong Tongde New Materials Co.
, Ltd.
is also Foshan Tongde Chemical Co.
, Ltd.
actively responding to the major strategic deployment of Guangdong Province's industrial transfer.
Under the promotion of Wengyuan government's investment promotion, the company's production base was transferred from the Pearl River Delta region to the provincial industrial transfer in northern Guangdong.
The park was settled in Guangdong Huacai New Materials Industrial Park in March 2014.
The project started construction in 2014 and was completed and put into operation in April 2017.
It is the largest investment project in the park, with an annual output of 100,000 tons of resin and an annual output value of over 100,000 tons.
1.
5 billion yuan
.
According to the company's information, He Xian is the legal representative of the company and owns 43% of the shares of Guangdong Tongde, while Chen Weiguo, Li Weile, Li Wenfeng, Yang Gaolin, Chen Haijian and others hold the remaining shares respectively
.
Guangdong Tongde New Materials Co.
, Ltd.
is a technology upgrade in the development of Foshan Tongde, fully realizing a new, intelligent and environmentally friendly manufacturing mode of automation, intelligent production, information management, and tripled the production capacity, but the number of workers is only 80.
% (about 230 existing employees)
.
It took only three years for Guangdong Tongde New Materials Co.
, Ltd.
to enter the park and put it into production.
At present, it has fully realized a new, intelligent and environmentally friendly manufacturing mode of automation.
It is one of the most advanced production lines in its domestic counterparts
.
In addition, the Huacai Park, where Guangdong Tongde is located, has a complete road network and pipeline network in the park.
There are large logistics distribution companies, centralized sewage treatment plants and fire rescue centers.
The professional service capabilities of the park make enterprises feel at ease.
take root
.
Guangdong Tongde is committed to the research and development of water-based products, and has fully realized a new, intelligent and environmentally friendly manufacturing mode of automation.
It is one of the most advanced production lines in the domestic industry
.
After years of development, Tongde's product acrylic resin series has a leading advantage in the domestic industry.
Currently, it is the largest acrylic resin production base in South China, or will become a key enterprise and demonstration base for emerging industries in major national science and technology projects
.
According to the data, Tongde Resin was founded in 1996 and has been focusing on the research and development, production and application of synthetic resins for coatings for more than 20 years
.
Tongde Group includes Tongde Group Headquarters, Foshan Gaoming Tongde Chemical Co.
, Ltd.
, and Guangdong Tongde New Materials Co.
,
Ltd.
Tongde people follow the business philosophy of establishing a business with integrity, steady development, perfect management and stable quality, pay attention to corporate image and brand building, and maintain close contact with peer manufacturers and paint production users, strengthen communication and cooperation, and get upstream and downstream customers.
Widely recognized and trusted, and enjoys a good reputation in the industry
.
Among them, Tongde Group is headquartered in Heshan, Guangdong, with convenient transportation.
It has centralized procurement center, marketing center, overseas business department, and Tongde resin research institute, realizing the groupization of Tongde system
.
Tongde Resin Research Institute includes oil-based resin research and development center, water-based resin research and development center, application technology center, and Tianjin water-based resin application laboratory
.
Foshan Gaoming Tongde Chemical Co.
, Ltd.
was established in 2002 and is located in Gaoming District, Foshan City, Guangdong Province.
It covers an area of 70 acres and has a water-based coating resin production project with an annual production capacity of 35,000 tons.
It is a domestic supplier of high-quality water-based resins.
business
.
At present, the specific transaction information of the two parties has not yet been announced, but according to the public information, this time Di Aisheng Investment Co.
, Ltd.
only acquired all the shares of Guangdong Tongde New Materials Co.
, Ltd.
and related rights and interests.
It is not clear that this time Di Aisheng Is it only the acquisition of Guangdong Tongde New Materials Co.
, Ltd.
, or the full acquisition of Tongde Group
.
In addition, in June, DIC announced the completion of the acquisition of shares and assets of BASF's global pigment business
.
On August 29, 2019, BASF and DAS reached an agreement on the acquisition of BASF's global pigments business for a cash and debt-free purchase price of EUR 1.
15 billion (approximately US$ 1.
274 billion)
.
Kaoru Ino, DIC's representative director and president and executive director, once said: "The acquisition is only because DIC has a clear growth target, which is to achieve a sales target of 1 trillion yen in 2025, equivalent to about 8 billion euros
.
In this context BASF's pigment portfolio is an important strategic addition for us, enabling DIC to reach its goals more quickly
.
This will help us expand our position as one of the world's leading pigment suppliers and serve our customers Provide more diversified solutions
.
”
