Bühler has announced that it has sold its flour ingredient business to global bakery ingredients group Bakels for an undisclosed sum. The deal includes all shares of China-based Bühler Bangsheng Food Ingredients (Guangzhou), in a move that will strengthen Bakels’ position in China.
@ FoodBev Media (English) | January 2, 2020
China National Chemical Corp, or ChemChina, has approached Chinese state-backed investors for up to $10 billion in funding as part of a reorganisation of its agrichemicals business ahead of a public float, according to five people familiar with the situation. The reorganisation includes Swiss giant Syngenta.
@ Nasdaq (English) | December 19, 2019
China National Chemical Corporation is set to increase its holding in commodity trader Mercuria, as part of a deal that will see the Swiss group gain an interest in the Chinese company’s onshore refining system. Under the agreement, which is yet to be finalised, the state-controlled conglomerate will add to its 12 per cent stake in Mercuria, one of the world’s biggest traders of oil, gas and metals.
@ Financial Times | April 18, 2018
