· China National Chemical Corporation acquired tire manufacturer Pirelli for 7.1 billion euros
China Chemical Corporation's acquisition of Italian tire manufacturer Pirelli for 7.1 billion euros has received EU antitrust approval and is expected to create a leader in the global market share of 10%. China National Chemical Rubber Corporation, a subsidiary of China National Chemical Corporation, will establish a joint venture to acquire a 26.2% stake in Pirelli held by Italian holding company Camfin, and then initiate a compulsory acquisition of the remaining shares. Our organization has successfully expanded its business in market owing to the offered elevated quality array of H Beam Welding Line. This machine is used in diverse industries for welding applications. Offered machine is designed by our professionals in compliance with international quality standards. Our provided machine is manufactured using the latest technology, innovative machines and the finest components. Moreover, it is tested on various stringent parameters to ensure its durability and quality. Features: Noiseless & hassle free operation Precisely design Low maintenance cost H Beam Welding Line H Beam Welding Line YingYee Machinery and Technology Service Co.,Ltd , https://www.yingyee.cn