| This indicates that we have established another milestone in corporate strategy, because our strategy is to focus more on the downstream and special chemistry in the corporate strategy. Business, create more stable profits and stronger free cash flow. |
\”This transaction has promoted Hunsmai’s balance sheet and future development. We have accelerated our expansion capabilities in the downstream field and further enriching our product portfolio.
| Peter \u0026 Nbsman, chairman, president and chief executive officer, said: |
The transaction volume of $ 2.076 billion was about 8 times the pre -sales profit (EBITDA), which was adjusted after the first 12 months, including about 30 million US dollars of reserved sales costs, comprehensive expenses and overall expenses and comprehensive expenses and comprehensive expenses. Administrative expenses (SG \u0026 A). Hunsman is expected to gradually eliminate.
Hunsmai announced that it has reached the final agreement with Indorama \u0026 Nbsp; Ventures to sell chemical intermediate business (including PO \u0026 NBSP;/\u0026 Nbsp; MTBE and its surface active agent) to the other party. 2 billion US dollars in cash value, plus the pension supplement with a value of $ 76 million and the transfer of other welfare payment after resignation. \u0026 nbsp;
| According to the terms of the agreement, Indorama Ventures will acquire Hunsmai in Neicas, Dayton, Chocolate Bayou, India, Ankreshwal and Betany, Australia. |
According to the terms of the agreement, Indorama \u0026 NBSP; Ventures will acquire Hunsmai’s production bases in Neiches, DAYTON, Chocolate \u0026 Nbsp; Bayou, Ankreshwal, India, and Botany, Australia. Essence The transaction needs to be subject to the approval of the regulatory authorities and the conditions of other conventional transactions, and it is expected to complete the transaction by the end of the year.