{"id":16499,"date":"2016-08-19T17:13:21","date_gmt":"2016-08-19T14:13:21","guid":{"rendered":"http:\/\/localhost\/textilegence\/acquisition-tanatex-by-transfar-chemicals\/"},"modified":"2018-06-29T15:04:50","modified_gmt":"2018-06-29T12:04:50","slug":"acquisition-tanatex-by-transfar-chemicals","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/acquisition-tanatex-by-transfar-chemicals\/","title":{"rendered":"Acquisition TANATEX by Transfar Chemicals"},"content":{"rendered":"<p><strong>TANATEX Chemicals, global leader in specialist textile chemicals, will become part of Transfar Chemicals, a business cluster of Transfar Group.<\/strong><\/p>\n<p>Zhejiang Transfar Co. Ltd. (SZSE:002010), a leading Chinese company active in chemicals and logistics, which is part of Transfar Group, and TPC Holding B.V., the holding company of <a href=\"http:\/\/www.tanatexchemicals.com\/\">TANATEX Chemicals<\/a> group,a global leader in specialist textile chemicals based in the Netherlands, \u00a0announce to have signed a definitive agreement under which Zhejiang Transfar Co. Ltd. will acquire 100% of the shares of TANATEX Chemicals group. After the acquisition TANATEX Chemicals will continue to operate under the existing TANATEX brand as an independent entity within the Transfar Group.<\/p>\n<p>The acquisition of <a href=\"http:\/\/textilegence.com\/en\/tanatex-chemicalsdan-ustun-beyazlik\/\">TANATEX<\/a> Chemicals enables both groups to:<\/p>\n<ul>\n<li>Provide its global customer base with a broader and enhanced product portfolio<\/li>\n<li>Use TANATEX Chemicals\u2019 global footprint to accelerate growth of the combination<\/li>\n<li>Benefit from Transfar Chemicals\u2019 #1 position in the large Asian textiles auxiliaries market<\/li>\n<li>Leverage on the strong R&amp;D focus and expertise present at both companies<\/li>\n<li>Optimise production between TANATEX Chemicals\u2019 locations in Ede, the Netherlands and Rayong, Thailand, and Transfar Chemicals\u2019 locations in China<\/li>\n<li>Become one of the major global leaders in specialised textile auxiliaries<\/li>\n<\/ul>\n<p><strong>CEO TANATEX Chemicals, Mr. Marco de Koning:<\/strong><br \/>\n\u201cWe are excited to join forces with Transfar Chemicals. Together we will be in a better position to support our globally active client base and their growth. Transfar Chemical\u2019s strong Asian market position offers a great opportunity to further develop TANATEX Chemical\u2019s position in Asia, a key focus area, especially after opening our state-of-the-art facility in Rayong, Thailand in 2014. Moreover, Transfar will benefit from our market coverage outside of Asia Pacific. We are looking forward to working with our customers,employees and the Transfar team to take the combined company to the next level.\u201d<\/p>\n<p><strong>Senior Vice President, strategy, Transfar Chemicals, Mr. John Zhu:<\/strong><br \/>\n\u201cWith TANATEX Chemicals becoming a part of the Transfar Chemicals, we will take a major step in the execution of our strategy to grow our textile chemicals business globally. Following this strategic move, we believe we will be able to realise synergies in many aspects and further enhance our combined global leading position by providing an even higher and faster service level to our customers.\u201c<\/p>\n<p><strong>President, Transfar Chemicals, Mr. Zhou Jia Hai:<\/strong><br \/>\n\u201cBoth Transfar Chemicals and TANATEX Chemicals pay high attention to the relationships with our stakeholders. Together we will further enhance our strategic partnerships and develop a win-win platform in the global textile chemicals value chain. We are committed to work together with our stakeholders for a sustainable future.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TANATEX Chemicals, global leader in specialist textile chemicals, will become part of Transfar Chemicals, a business cluster of Transfar Group. Zhejiang Transfar Co. Ltd. (SZSE:002010), a leading Chinese company active in chemicals and logistics, which is part of Transfar Group, and TPC Holding B.V., the holding company of TANATEX Chemicals group,a global leader in specialist [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9825],"tags":[10739,11058],"class_list":{"0":"post-16499","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-auxiliary-materials","7":"tag-asian-market-en","8":"tag-china-en"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Acquisition TANATEX by Transfar Chemicals - Textilegence Magazine and Digital Platform<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.textilegence.com\/en\/acquisition-tanatex-by-transfar-chemicals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acquisition TANATEX by Transfar Chemicals\" \/>\n<meta property=\"og:description\" content=\"TANATEX Chemicals, global leader in specialist textile chemicals, will become part of Transfar Chemicals, a business cluster of Transfar Group. 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