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BorsodChem
''Wanhua-BorsodChem'' is a Hungarian chemical raw material manufacturing company headquartered in Kazincbarcika, Northern Hungary. It is the European member of the ''Wanhua Chemical Group''. The company specializes in isocyanates (MDI, TDI), PVC and chlor-alkali (vinyl) businesses. The main production site is located in Kazincbarcika, Hungary but the production is also supported by other European production capacities located in Ostrava, the Czech Republic and Kędzierzyn-Koźle, Poland. Several branch offices are available in Hungary, Belgium, the Czech Republic, Croatia, Italy and Poland. Since 2008 a new R&D and technical support center was established in Gödöllő. History Beginnings The establishment of the ''Borsodi Vegyi Kombinát (BVK)'' the predecessor of Wanhua-BorsodChem, was decided at the end of 1949, based on the Borsod coal, the water of the Sajó, the proximity of the road and the railway. In the new industrial area, a decision was made to build a coal classif ...
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Vienna Capital Partners
Vienna Capital Partners (VCP) is a corporate finance advisor and private equity investor headquartered in Vienna, Austria. The company is mainly focused on corporate finance, direct investment and trust management in Central and Eastern Europe countries. History Vienna Capital Partners was founded in 1998 by its Senior Partner Heinrich Pecina, who was on the managing board of Creditanstalt Investment Bank (CAIB) from 1990 to 1997. VCP is owned by him and his partners (Christian Fischer, Guzel Gumerova, Christian Riener and Piotr Samojlik), either directly or through their family foundations, with Collegia Privatstiftung, an Austrian private foundation controlled by Heinrich Pecina, owning the majority.People
, VCP website
Since the foundation in 1998 VCP has become an important dealmaker in Central ...
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Wanhua Industrial Group
Wanhua Industrial Group Co., Ltd. is a Chinese holding company. It was the parent company of Wanhua Chemical Group and BorsodChem until 2018. Yantai Municipal People's Government, via ''Yantai Guofeng'', still owned 39.497% stake of the company as of 2017. The government also sold 25% stake of the company to a consortium of Pemex and Deutsche Bank in 2007. History Predecessors Yantai synthetic leather factory The predecessor of Wanhua Group Corporation, was Yantai synthetic leather factory ( or ). The plan to built the factory was approved by the in 1978. The construction started in 1980 and completed in 1983. The manufacturing technology was imported from Japan (from according to ''C&EN'') and was the first synthetic polyurethane leather factory of China. In 1988, the ownership of the factory was transferred from the to the Yantai Municipal People's Government. Wanhua Group Corporation In 1995, the factory was re-incorporated as a limited company as , or in short, Wanhua G ...
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Wanhua Chemical Group
Wanhua Chemical Group Co., Ltd. known as Wanhua Chemical and formerly Yantai Wanhua Polyurethane or Yantai Wanhua Polyurethanes or Yantai Wanhua, is a Chinese listed company in chemical industry. History The listed company was incorporated in 1998 as Yantai Wanhua Polyurethane Co., Ltd. (). Co-founder of the company, Wanhua Group Corporation ( or ), initially owned 93.25% shares. The company started its initial public offering in December 2000. The shares started to trade in the Shanghai Stock Exchange in January 2001. Initially, the listed company only owned the methylene diphenyl diisocyanate (MDI) production line of the former Yantai synthetic leather factory. It was a common practice at that time to list part of the assets instead of the whole conglomerate. The size of the listed company expanded beyond that assets, however. That MDI production line was replaced by a new one in 2014, also located in Yantai. The company also imported technology from Honeywell for its Yantai ...
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Kazincbarcika
Kazincbarcika is an industrial town in Borsod-Abaúj-Zemplén county, Northern Hungary. It lies in the valley of the river Sajó, away from the county capital, Miskolc. History Kazincbarcika was created during the Socialist industrialization, when several villages were unified with the aim of creating an industrial city to provide workers for the newly built Borsodi Vegyi Kombinát (a predecessor of today's BorsodChem). The village of ''Sajókazinc'' was first mentioned in 1240. It was a mainly agricultural village until 1850, when the first coal mine was opened. The village of Barcika came into existence with the unification of two villages, Upper- and Lower-Barcika. Although a mine was opened nearby, agriculture remained the villagers' main occupation until the 1920s, when a large power plant was built. After World War II, Sajókazinc and Barcika were united under the name Kazincbarcika. In 1954 it was granted town status, and the nearby village of Berente was annexed. Th ...
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Gödöllő
Gödöllő (; german: Getterle; sk, Jedľovo) is a town in Pest County, Budapest metropolitan area, Hungary, about northeast from the outskirts of Budapest. Its population is 34,396 according to the 2010 census and is growing rapidly. It can be easily reached from Budapest with the suburban railway ( HÉV), and national raiway ( MÁV-START). Gödöllő is home to the Szent István University, the main education institute of agriculture in Hungary. The palace at Gödöllő was originally built for the aristocratic Grassalkovich family; Franz Josef, Emperor of Austria and King of Hungary and his wife Elisabeth ("Sisi") later had their summer residence here. Communism saw much of the town's original one-storey housing levelled to make way for the blocks of flats which continue to dominate the town centre, as well as much of the Royal Forest and Elisabeth's Park levelled for industrial use. History Stone Age As far back as the Stone Age, this area was populated. Ancient times ...
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MOL (company)
MOL Plc. ( hu, Magyar OLaj- és Gázipari Részvénytársaság, lit=Hungarian Oil and Gas Public Limited Company), also commonly known as MOL Group, is a Hungarian multinational oil and gas company headquartered in Budapest, Hungary. Members of MOL Group include among others the Croatian and Slovak formerly state-owned oil and gas companies, INA and Slovnaft. MOL is Hungary's most profitable enterprise, with net profits of $770 million in 2019. The company is also the third most valuable company in Central and Eastern Europe and placed 402 on the Fortune Global 500 list of the world's largest companies in 2013 with a revenue equal to one fifth of Hungary's GDP at the time. As of October 2021, the largest shareholder is the Mol New Europe Foundation with 10.49% ahead of Maecenas Universitatis Corvini Foundation and Mathias Corvinus Collegium Foundation, both with 10%, OmanOil Budapest with 7.14% and OTP and ING Bank with 4.9% and 4.48% respectively. Nearly 45% of shares are free ...
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Petrochemical Companies
Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm fruit or sugar cane. The two most common petrochemical classes are olefins (including ethylene and propylene) and aromatics (including benzene, toluene and xylene isomers). Oil refineries produce olefins and aromatics by fluid catalytic cracking of petroleum fractions. Chemical plants produce olefins by steam cracking of natural gas liquids like ethane and propane. Aromatics are produced by catalytic reforming of naphtha. Olefins and aromatics are the building-blocks for a wide range of materials such as solvents, detergents, and adhesives. Olefins are the basis for polymers and oligomers used in plastics, resins, fibers, elastomers, lubricants, and gels. Global ethylene production was 190 million tonnes and pr ...
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Berente
Berente is a village in Borsod-Abaúj-Zemplén county, Hungary Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia a .... References External links Street map Populated places in Borsod-Abaúj-Zemplén County {{Borsod-geo-stub ...
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Aniline
Aniline is an organic compound with the formula C6 H5 NH2. Consisting of a phenyl group attached to an amino group, aniline is the simplest aromatic amine In organic chemistry, an aromatic amine is an organic compound consisting of an aromatic ring attached to an amine. It is a broad class of compounds that encompasses aniline Aniline is an organic compound with the formula C6 H5 NH2. Consi .... It is an industrially significant Commodity chemicals, commodity chemical, as well as a versatile starting material for fine chemical synthesis. Its main use is in the manufacture of precursors to polyurethane, dyes, and other industrial chemicals. Like most volatile amines, it has the odor of rotten fish. It Combustion, ignites readily, burning with a smoky flame characteristic of aromatic compounds. It is toxic to humans. Relative to benzene, it is electron-rich. It thus participates more rapidly in electrophilic aromatic substitution reactions. Likewise, it is also prone ...
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Polyurethane
Polyurethane (; often abbreviated PUR and PU) refers to a class of polymers composed of organic chemistry, organic units joined by carbamate (urethane) links. In contrast to other common polymers such as polyethylene and polystyrene, polyurethane is produced from a wide range of starting materials. This chemical variety produces polyurethanes with different chemical structures leading to many List of polyurethane applications, different applications. These include rigid and flexible foams, varnishes and coatings, adhesives, Potting (electronics), electrical potting compounds, and fibers such as spandex and Polyurethane laminate, PUL. Foams are the largest application accounting for 67% of all polyurethane produced in 2016. A polyurethane is typically produced by reacting an isocyanate with a polyol. Since a polyurethane contains two types of monomers, which polymerize one after the other, they are classed as Copolymer#Alternating copolymers, alternating copolymers. Both the isocy ...
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Permira
Permira is a global investment firm. Founded in 1985, the firm advises funds with assets under management of €60+ billion. The Permira funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Services and Healthcare. Permira employs over 360 people in 16 offices across North America, Europe and Asia. History Permira was founded in 1985 by Nicholas Ferguson as a number of country-specific separate businesses operating under the Schroder Ventures brand. In 1996, the United Kingdom, French, German and Italian teams joined to create Schroder Ventures Europe and in 1997, this raised its first pan-European fund. In 2001, the firm was renamed Permira. In 2002, Permira expanded into the U.S. with the opening of its New York office. In 2005, Permira launched its first Asia Pacific-based office in Japan. It later opened its Hong Kong office in 2008. In 2006, Permira raised over €10 billion in commitments for its P4 fund, which was, at ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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