Most Huoke Juya has no stripping plan for polyuret

2022-08-14
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Kejuya has no divestiture plan for polyurethane and other departments in the past two years

according to foreign media reports, kejuya, an American special chemical manufacturer, does not plan to divest its seven departments in 2010 or 2011, but the company will operate a single entity in the form of a portfolio, the chairman of the company said on Monday

he said that none of the seven businesses of the company was considered as non core businesses, and all had winning strategies for profitable growth. These strategies will be mainly operated in 2011. Growth strategies include mergers and acquisitions, joint ventures and selective capacity expansion. For a long time, active management will take the investment portfolio as the main growth strategy. When the diversification degree is high and the assets reach the peak, the company should monetize it to create value, and at the same time, use the investment income to achieve continuous growth

"one of my main jobs is to actively manage these portfolios, hoping to sell these businesses when they are of positive value to the business, not because we hope so."

kejuya appeared in the Chapter 11 bankruptcy protection law of the United States on November 10 when it imported relevant experimental parameters, which is largely a reservation when it entered in March 2009. It is understood that the company issued a statement in March, 2009, saying that the sharp decline in order volume has severely damaged its existing assets and cash flow. Kejuya and its American company have submitted an application for bankruptcy protection to the relevant local departments in southern New York with a view to completing the asset restructuring. The de production increased from 1.705 million tons in 2002 to 4.628 million tons in 2010. In August, the CEO of the company said that the company planned to withdraw from Chapter 11 bankruptcy protection in March 2010

the company said that the only asset sold at the time of bankruptcy was its PVC additive business, which was sold to artekaterian in India at a price of US $16.2 million

the seven business segments of the company include petrochemical additives, polyurethane and plastic additives, etc

the chairman of the company said that for a long time, the company would consider acquiring the emerging business field of kejuya, which is 25 times that of this kind of ultra light foam. He hoped that the main acquisitions would come from other fields. Kejuya's Polyurethane business department produces polyester polyols and purchases other ingredients, such as MDI and TDI, to develop proprietary thermoplastic elastomer series

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