China drying wire Reuters According to the latest report from the US Young & Partners Company in the first half of this year global chemical mergers and acquisitions activity weakened sharply, the total M & A transactions only $ 9.6 billion, up sharply down 76%. In 2011, the amount of global chemical M&A transactions completed reached US$82 billion. The company also stated that in the past 10 years, the median level of annual average global chemical M&A transactions was about 40 billion U.S. dollars. Peter Young, President of Young & Partners, said: “The major reason for the sharp decline in the completion volume of global chemical M&A transactions in the first half of the year was due to the uncertainty of the European debt crisis and its impact. In addition, the activity of M&A transactions is also cyclical and incomplete. In economic conditions." Peter Yang pointed out that in the first half of the year, the global chemical industry completed a total of 35 bulk mergers and acquisitions (each with a turnover of 25 million U.S. dollars or more). In the first half of the year, there were only two transactions that exceeded 1 billion U.S. dollars in the number of chemical mergers and acquisitions completed in the world. In 2011, there were 17 cases. The company said that from the perspective of quarterly completion, it also showed a quarter-to-quarter decline. In the first quarter of this year, the amount of global chemical M&A transactions completed was US$6 billion, while in the second quarter, the transaction volume was only US$3.6 billion. According to statistics of Young & Partners, as of the end of June 2012, the number of M&A transactions announced but not yet completed in the global chemical industry was US$8.9 billion, compared with US$34 billion at the end of June 2011. Investment bankers are not optimistic about the prospects of global chemical M&A transactions during the rest of the year because the debt crisis in the Eurozone has not yet ended and the global economic outlook remains uncertain. Sean Gallagher, general manager of global chemical business at UBS in U.S., said: “The debt crisis in the Eurozone has made people generally adopt a wait-and-see attitude rather than a proactive attitude.†Despite the uncertain economic outlook, there are also favorable conditions for M&A transactions. Harris, head of corporate financing at Prince Ridge, a US investment bank, said: "Although the industry currently lacks confidence in M ​​& A transactions, the financing environment is actually quite good." Stimulated by the liberalization of the financing market, private equity firms are making a comeback and are once again involved in some major mergers and acquisitions transactions. According to informed sources recently, Carlyle Group (one of the world's largest private equity funds) intends to acquire DuPont's automotive coatings business, the purchase price may exceed $ 4.5 billion. In addition, informed sources also said that private equity firms have been involved in the final bid for the sale of the coating resin business of Cytec Industries. At the same time, many leaders in the global chemical industry are holding a lot of cash for investment, but they are constrained by uncertainties in the future. David Bradley, head of global industrial products business at Jefferies Group in the United States, stated: “The majority of CEOs in the industry believe that the current M&A transaction market is not the same as in 2008-2009. At that time, due to the global financial crisis, financing was very Difficulties, and the biggest problem currently exists is the uncertainty of the economic outlook, making it difficult to predict future economic trends." Lamination Machine,Laminating And Coating Machine,Pp Lamination Machine,Plastic Laminating Machine Zhejiang Sanlong Universal Machinery Co.,Ltd. , https://www.sanlongmachinery.com