1. Chinese companies selling to U.S. and European markets need strong sales and marketing teams
on the ground. Typically , the teams themselves are Americans or Europeans, their expertise due in
part to belonging to the societies of the target markets. This East-goes-west model is an exciting
opportunity for young professionals who can switch back and forth between the hierarchy of Chinese
companies and the collaborative quality of Western business practice. Facility with Mandarin would
be a huge advantage-and formidable when blended with business skills.
From : CEN AUGUST 2015 SUPPLEMENT P. 11
2. Saltigo adjusts its stance. The former Bayer fine chemicals business has shifted its weight in
pharmaceutical chemicals . In its nearly 10 years in business, Saltigo has succeeded in turning
a high-tech chemicals operation into a competitive custom fine chemicals company with annual
revenues approaching $500 million. As oppose to making 10 products, they can make one product
can go into 10 applications. Saltigo as a service firm that maintains ties to its Bayer chemistry
heritage. From : CEN AUGUST 17,2015
3. Fine chemicals BASF to sell custom synthesis and API businesses to Siegfried.
The deal, involving manufacturing sites in Germany ,Switzer, and France, will affect about 850
employees. Siegfried will pay BASF $306 million. the acquisition will increase Siegfried's
sales by roughly 50% to $ 955 million.
From : CEN May 11,2015
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