2016年全球化工并购展望报告（22p）.pdfVIP

2016 Global chemical industry mergers and acquisitions outlook A quest for focus January 2016 2 Contents 4 Global activity 8 Mergers and acquisitions activity by chemical segment 11 Chemical mergers and acquisitions activity in key geographies 16 Summary outlook for 2016 mergers and acquisitions activity 17 Contacts 18 Acknowledgements 19 Endnotes 2016 Global chemical industry mergers and acquisitions outlook—A quest for focus 3 Global activity In the Deloitte Touche Tohmatsu Limited (Deloitte 2016 forecasts have seen recent downward revisions by Global) 2015 Global chemical industry mergers and both the International Monetary Fund and World Bank.5 acquisitions outlook, record levels of chemical mergers and acquisitions (MA) activity in 2014 were observed, These various market and demand factors have put with a prediction that strong MA momentum would pressure on global chemical revenues, as well as their stock 1 performance. Based on a Deloitte Global analysis, the continue in the industry into 2015. While the number of global chemical deals was relatively flat in 2015, the components of the Dow Jones Chemical Titans 30 Index strong MA momentum has continued with the number experienced average revenue increase of only 0.3 percent of global chemical deals in 2015 exceeding the previous in the latest twelve months of 2015, compared to 3.3 six-year average by over 6 percent (see Figure 1). Also, the percent in 2014. total global deal value is setting new records driven by the 16 deals valued at over US$1 billion announced during These challenges have contributed to many global the year, including the proposed US$73 billion Dow and chemical companies’ effo