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China Has Become World’s Largest Purchaser of Companies in Chemical Industry

Well-known Chinese news site Sina recently reported that industrial consulting company A.T. Kearney recently released its report on global chemical industry mergers. The A.T. Kearney Report estimated the potential mergers in 2017 globally will be worth US$300 billion. Three quarters of this total will cover four major unfinished deals: Dow – DuPont, Bayer – Monsanto, ChemChina – Syngenta, and Praxair – Linde. Each of the four may reach US$40 billion to US$70 billion. Each is worth two to three times the total of any single deal in the past decade in that industry. China’s share of the global chemical industry mergers has been growing steadily and it has become the largest buyer of chemical companies in the world. China now accounts for a quarter of the world’s mergers in the chemical industry.

Source: Sina, March 27, 2017