Most popular Rohm and Haas acquires Chinese shares

2022-09-19
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Rohm & Haas acquires Chinese shares in the joint venture

Rohm & Haas acquires Chinese shares in the joint venture

March 25, 2003

Rohm & Haas of the United States recently announced, Its affiliated Rohm & Haas Denmark Zhongguo Du Investment Holding Co., Ltd. caused poor oil circulation. The company will acquire all the shares owned by Shanghai Resin Factory Co., Ltd., the Chinese shareholder of Shanghai Rohm & Haas Chemical Co., Ltd., from 2006 to 2011. The acquisition agreement has been approved by the relevant government departments of Shanghai and has officially taken effect. At that time, the joint venture will become a wholly foreign-owned enterprise

Shanghai Rohm & Haas Chemical Co., Ltd. was established by Rohm & Haas China Investment Holding Co., Ltd. and Shanghai Resin Factory Co., Ltd. in early 1998. Shanghai Resin Factory Co., Ltd. owns 40% of the shares, and its business scope is

to develop, produce and sell all kinds of ion exchange resin products, which are widely used in power, electronics, nuclear energy, metallurgy

gold, medicine, food and chemical industries. The company is located in Qingpu Industrial Park, Shanghai, with an investment of US $18.8 million. It is one of the largest ion exchange resin manufacturers in China at present. The world high-quality brands such as am berlite,

amberjet and various domestic models produced and sold by it have been affirmed by our customers domestically

The ion exchange resin business of Rohm and Haas has a history of more than 50 years. Rohm and Haas is one of the largest ion exchange resin suppliers in the world. After the completion of the acquisition plan, Shanghai Rohm & Haas Chemical Co., Ltd. has adjusted the management system and sales organization of the Qingpu plant in order to improve the operation efficiency. During charging and discharging, the concentration of two vanadium ions changes. After the conversion, the company will also be committed to adjusting the product structure, expanding exports, and providing more high-quality, refined and sophisticated products for domestic and foreign customers

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