The hottest new chemical materials of China's chem

2022-09-22
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CHEMCHINA: new chemical materials have to be brought back when going out

according to the latest news, China National Chemical Corporation is about to enter a new special chemical material. In fact, it is not difficult to guess what secrets they have to fill this domestic technology gap, because its leader Ren Jianxin is known as the "king of Chinese mergers and acquisitions"

since its establishment, CHEMCHINA has insisted on enclosure by means of mergers and acquisitions. In the past 10 years, it has acquired 107 domestic chemical enterprises. In 2006, it turned its attention to the international market. Since then, its overseas mergers and acquisitions have never stopped. Now it's the turn of special chemical new materials. How to win this new technology? Ren Jianxin said in a dialogue with voice of China Liang Sheng, "I am always ready to acquire again."

Ren Jianxin: among the four acids needed by human body, only methionine can't be eaten directly by people. We must let animals eat it before we eat animals. I tell you, in the future, we should eat chicken, eggs and chicken raised, not those native chickens. Native chicken tastes good. In fact, from the perspective of nutrition, it has no methionine. Methionine is a trace element that improves human immunity

starting from this little common sense of life, Ren Jianxin talked about his "unreasonable desire" for andisu company in France, because it is one of the only five companies in the world that can produce methionine

Ren Jianxin: I have always wanted to bring it to our country and become a company under my command, because its technology is very advanced, ranking second in the world. I went to andisu company and asked for the transfer. He talked with me, saying no, and then said to share. It was probably a joint venture, but it didn't work out. Later, when it came to avian influenza, the price of methionine was particularly low, and its management and controlling shareholders were flustered and could not see clearly. We asked the French ambassador and commercial counselor to do a little bit of work, and then bravely proposed to buy it

after the acquisition of ansu, a typical resource exhausted coal enterprise, Bluestar, a subsidiary of China National Chemical Corporation, has been constantly pocketing "kenos", Australia's largest polyethylene producer; Then he won the French Rhodia group and became the third largest silicone monomer manufacturer in the world

Ren Jianxin said that there are many ways for enterprises to go global, and acquisition is the most suitable for China chemical industry, because it can not only directly obtain technology, patents and talents, but also eliminate their own competitors

Ren Jianxin: the acquisitions we choose are basically from developed countries such as Europe and the United States, which is also related to my strategy, because I want to change the governance structure of our company by buying advanced foreign enterprises and following its practices. I've been thinking about the challenges of China's entry into the WTO for Chinese enterprises, especially for us? I think it's how to integrate into the international community and act according to international rules. You want to compete with others, you don't know how to do, how to compete? Next, Ren Jianxin did something unexpected: he always wanted to eat others and invited others to eat himself. In October, 2008, CHEMCHINA sold 20% of its Bluestar company to Blackstone Group of the United States at a price of $600million. Ren Jianxin said that at that time, he was like a Manhattan woman, knocking on the doors of banks and funds one by one in New York, and finally sold at a good price

Ren Jianxin: at that time, we introduced American Blackstone as a strategic investor, which was really not interested in his money. Of course, it was also business at that time to sell 8.8 times. To increase the value of assets, only transactions can increase the value, otherwise it is just the book price

[resume of Ren Jianxin]

Ren Jianxin, Han nationality, was born in January 1958 in Jixian County, Hebei Province

he joined the Communist Party of China in November 1984 and worked in June 1974

from May 1974 to December 1975, he cut in line and served as the Secretary of the Youth League branch in mengjiaqiao commune, Dunhuang County, Gansu Province

from December 1975 to September 1984, he worked as a lathe worker, fitter, file management and Secretary of the Youth League Committee in the Institute of chemical machinery of the Ministry of chemical industry

1984.09-1989.03 manager of chemical cleaning general company and Secretary of the general Party branch of Chemical Machinery Research Institute of the Ministry of chemical industry

1989.03-1992.06 general manager and party secretary of Bluestar chemical cleaning group company

from June 1992 to June 2001, general manager and Secretary of the Party committee of China Bluestar Chemical Cleaning Corporation (from September 1992 to May 1994, he studied as an on-the-job postgraduate majoring in enterprise management in the Department of economics of Lanzhou University and obtained a master's degree in economics; from August 1993 to November 1995, he was also the deputy general manager of China National Chemical Equipment Corporation; from November 1995, he was also the vice president of China Haohua chemical (Group) Corporation in March 1998 in TPO compounds used in automotive interiors)

2001.06 - 2004.08 general manager and party secretary of China Bluestar (Group) Corporation

2004.03 - 2004.11 general manager and Deputy Secretary of the interim Party committee of China National Chemical Corporation

2004.11 - General Manager and Deputy Secretary of the Party committee of China National Chemical Corporation

he has won the titles of "national outstanding young entrepreneur", "national young science and technology industrialist", "national new Long March Raider", "national top ten figures", "Chinese youth top ten", etc., won the national "May Day" labor medal, and once served as the Secretary of the Youth League of the Chemical Machinery Research Institute of the Ministry of chemical industry, the chairman of the Asian branch of the British Pipeline Association, and the chairman of the Gansu Branch of the China Youth Enterprise Association

[the third eye looks at Ren Jianxin's "go out and get it back"]

in the first floor hall of the China chemical office building, the huge electronic screen constantly scrolls with such slogans: the sea accepts all rivers, the family is happy, the details decide success or failure, the dispersion of human vanadium in nature is very scattered, and people need to rely on each other to survive... These long and short words that do not rhyme may be the unique corporate culture of China Chemical Industry: tolerance is great

but in the face of the strong absorption of China chemical industry, the public is more concerned about its digestion. After merging so many industry-leading overseas enterprises, how does Ren Jianxin manage them? And manage them under the framework of a Chinese state-owned enterprise? Wei Tao, an analyst of Guotai Junan chemical industry, also said that M & A is not a one-time business behavior. It is indeed a double-edged sword:

this M & a model is not perfect, but also has shortcomings: first, it will increase the difficulty of management, which requires high management ability. In addition, it also requires high integration of corporate culture. If the merged enterprises cannot form a good integration, In the end, it will become a drag on the enterprise. We can often see that after domestic enterprises acquire foreign enterprises, they will encounter strong trade unions or some debt problems, so it is important to solve this problem, as well as the problem of employees

as for whether this mode can be copied to other similar enterprises, Wei Tao believes that:

so an enterprise is a kind of work level mentioned above; One is to provide suitable management positions. Whether this M & a mode is suitable depends more on the characteristics of the enterprise itself. Relatively speaking, it is easier for state-owned enterprises or enterprises supported by the capital market to do so. Private enterprises may encounter some obstacles in capital and policies, and it is more difficult to make overseas mergers and acquisitions

in the interview, I heard that Ren Jianxin would hang French oil paintings in the company's restaurants and tea rooms; Let the children of employees from different countries go to summer camp together; We can even respect the habit of foreign employees not talking about work on weekends. And his tolerance also gains the understanding of the other party. Even if Ren Jianxin visits overseas subsidiaries on weekends, those foreign managers who pay special attention to personal time will also come to meet him; They also celebrate every Chinese festival with Chinese employees. Ren Jianxin is trying to smooth out the differences between them with cultural integration, so that his title of "M & a king" really deserves the name

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