The company’s analysis showed that financial buyers were still very interested in the chemical industry in the first quarter of this year, but the number of transactions declined, accounting for only 20% of the 20 M&A deals, compared with 29% in the same period last year. Analysts believe that the main reason is that higher interest rate levels cause difficulties in financing; at the same time, due to improved market conditions, the financial status of chemical companies has been greatly improved, and they have become active in M&A deals.
Analysts believe that the boom in chemical industry M&A transactions in the first quarter of this year was a continuation of the active global transaction in this area since last year. Last year, the global industry completed a total of 85 transactions, which was a 25% increase from 2003, and the total transaction price increased significantly by 48% to 31 billion US dollars.
It is reported that the largest transaction was the purchase of UCB's surface specialty chemicals business by Cytec Industries for US$1.8 billion. The report pointed out that in the first quarter of this year, the largest number of global industrial M&A deals was in Europe, which accounted for 40%. This is because the current European chemical industry is in the reorganization phase; the United States accounts for about 20% of the transaction volume, and the remaining 40% occurs in Asia and other areas. Global industrial M&A transactions in the same period last year occurred in Europe and the United States, each accounting for 50% of the total.
Statistics show that in the first quarter of this year, the number of M&A transactions in the field of basic chemicals exceeded that of specialty chemicals. In the 20 chemical industry M&A transactions, the basic chemicals sector accounted for 55%, while in the 14 chemical industry M&A deals completed in the same period last year, the basic chemicals sector accounted for only 21%.
Butt welding flange at the time of production and production of adoption of a certain technical parameters, technical requirements, process and principle of production, strict control in welding butt welding flange with the requirements of technical parameters, ensure that can be used in production, give full play to the role of the butt welding flange.
A generally, butt welding flange forging or forged skills.When USES the steel plate steel manufacturing, must conform to the requirements for the following points:
1. Should be along the direction of steel rolling cut into strips, the bending butt welding ring formation, and to form the surface of the steel ring cylinder.Shall not adopt steel butt welding neck flange machining directly into a belt
2. Butt welding flanges shall be via ultrasonic testing, without delamination defects;
3. The ring should be full penetration weld the butt weld;
Should be 4. The ring of the butt weld heat treatment after welding, and 100% ray and ultrasonic flaw detection, and radiographic conform to the requirements of the class II JB4730-2005, ultrasonic testing conform to JB4730-2005 class I requirements.
Second, the butt welding flange routine inspection.
1, the flange of the acceptance of the rules and NDT inspection shall be determined between the user and the manufacturer.
2, the machined surface can not have burrs, harmful scratches and other lower flange intensity and connection reliability of defects.
3, flange material and flange machining quality should comply with the provisions of the flange standard.
4, forging flange surface should be smooth, can not have forging scars, defects such as cracks.
5, RTJ flange sealing surface should be checked all item by item, tank caused by the two sides can not have mechanical mechanic surface defects such as cracks, scratches or injured.
6, Stainless Steel Flange processing has been completed, and to prevent scratches and impact, carbon steel should be in the tu rust-proof oil seal face.
Class 1500 High Pressure Flange
Class 1500 High Pressure Flange,Steel Class 1500 High Pressure Flange,ANSI Class 1500 High Pressure Flange
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