ChemChina Overview
China National Chemical Corporation (ChemChina) is a state-owned enterprise established by the reorganization of subsidiary companies and is ranked 265th on the Fortune Global 500. ChemChina is China's largest chemical company. ChemChina's main business is made up of six sectors: advanced chemical materials and specialty chemicals, basic chemicals, oil processing, agrochemicals, tire and rubber products, and chemical equipment. ADAMA Agricultural Solutions Ltd (formerly Makhteshim-Agan), an Israeli manufacturer and distributor of branded off-patent crop protection products, was acquired by a subsidiary of ChemChina in 2011. ADAMA continues to operate as a subsidiary, offering solutions to farms forcontrolling weeds, insects, and diseases. In 2021, ChemChina was acquired and merged into Sinochem Holdings Corporation Ltd and ceased to operate as standalone company transferring all its assets.
Latest News
growth-positive
https://www.bloomberg.com/news/articles/2018-09-05/chemchina-is-said-to-mull-asset-sales-as-megamerger-moves-ahead
ChemChinas chairman is studying potential asset sales as the company prepares for a megamerger with Sinochem Group. The chairman is reviewing the businesses of ChemChina and Sinochem to identify areas of overlap and potential synergies. Divestitures or initial public offerings of some units are being considered.
AcquisitionManagement ChangesPublic Trading
growth-positive
ChemChina seals combination of Israel's Adama with Sanonda
ChemChina is selling Adama Agricultural Solutions to Hubei Sanonda for $2.8 billion, paving the way for completing a previously announced combination of the two businesses and listing it on the stock market. The deal values Adama at $5 billion including $1 billion in debt. The reverse merger allows Adama to be listed on the Shenzhen Stock Exchange and gain a foothold in China. Adamas CEO believes they can grow in China faster than in the rest of the world. ChemChina is also finalizing a $43 billion takeover of Syngenta AG.
AcquisitionPublic Trading
growth-positive
http://www.jpost.com/Business/Business-News/Makhteshim-Agan-ChemChina-complete-record-24b-merger
Meta is set to launch a Twitter challenger app called Threads. This comes after Twitter announced restrictions on the app, including the need to be verified in order to use TweetDeck.
Investment
Team Members
0
Web & Social Links
| Website | www.chemchina.com/en/index.htm |
Locations
Golan/Negev, Hevel Modi'in Regional Council, Israel
Photos & Videos
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ChemChina Business
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Sector
—Target Customer
—Core Technology
—Tags (5)
pesticideschemicalsagrochemicalsagricultureplant-protectionChemChina Financials
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ChemChina Lifecycle
ChemChina News
3 articles
growth-positive
https://www.bloomberg.com/news/articles/2018-09-05/chemchina-is-said-to-mull-asset-sales-as-megamerger-moves-ahead
ChemChinas chairman is studying potential asset sales as the company prepares for a megamerger with Sinochem Group. The chairman is reviewing the businesses of ChemChina and Sinochem to identify areas of overlap and potential synergies. Divestitures or initial public offerings of some units are being considered.
AcquisitionManagement ChangesPublic Trading
growth-positive
ChemChina seals combination of Israel's Adama with Sanonda
ChemChina is selling Adama Agricultural Solutions to Hubei Sanonda for $2.8 billion, paving the way for completing a previously announced combination of the two businesses and listing it on the stock market. The deal values Adama at $5 billion including $1 billion in debt. The reverse merger allows Adama to be listed on the Shenzhen Stock Exchange and gain a foothold in China. Adamas CEO believes they can grow in China faster than in the rest of the world. ChemChina is also finalizing a $43 billion takeover of Syngenta AG.
AcquisitionPublic Trading
growth-positive
http://www.jpost.com/Business/Business-News/Makhteshim-Agan-ChemChina-complete-record-24b-merger
Meta is set to launch a Twitter challenger app called Threads. This comes after Twitter announced restrictions on the app, including the need to be verified in order to use TweetDeck.
Investment
ChemChina Team
No team members listed.
Similar Companies
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ChemChina Internal
Recent Updates
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-10-17 15:58:32.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:56:03.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:55:46.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:55:53.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:57:07.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:55:56.000000
Maor Perlov
· maor.perlov@sncentral.org · Automatic · 2023-06-23 10:55:46.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:55:53.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:58:28.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:56:42.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-08-07 04:58:20.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:56:02.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:55:46.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:56:03.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:55:53.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:55:46.000000
Maor Perlov
· maor.perlov@sncentral.org · Automatic · 2023-06-23 10:55:53.000000
Maor Perlov
· maor.perlov@sncentral.org · Automatic · 2023-06-23 10:55:46.000000
Maor Perlov
· maor.perlov@sncentral.org · Automatic · 2023-06-23 10:55:46.000000
Maor Perlov
· maor.perlov@sncentral.org · Automatic · 2023-06-23 10:56:02.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-12-05 14:57:07.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:57:23.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-10-17 15:58:32.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:58:48.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-01-25 08:05:37.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-06-23 10:59:25.000000
Gil Fosh
· gilfosh@gmail.com · Manual · 2017-12-26 10:35:41.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2018-11-28 14:26:52.000000
Gil Fosh
· gilfosh@gmail.com · Manual · 2017-12-26 10:45:47.000000
Gil Fosh
· gilfosh@gmail.com · Manual · 2017-12-26 10:32:26.000000
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Admin Info
| Confidence | 57/100 |
| Missing | product stage, sector, founding month, invite member, business model, video or image, funding rounds, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Crunchbase | chemchina |
| Creator | Yamila Silbert |
| Creator email | yamila.urwicz@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-06-23T00:00:00.000Z |
| Created | 2016-05-17T00:00:00.000Z |
| Hidden | No relevant activity (visible: 0) |
| Status detail | Acquired by Sinochem Holdings Corporation on 3, 2021 |