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Lansing Adisseo proposed IPO in the Hong Kong Stock Exchange

date:2010-11-30 16:12
November 17, Blue Star Ltd has announced Adisseo Nutrition Group listed in Hong Kong will be the end of November. In the Nov. 11 investor conference in Hong Kong, China Chemical Group Corporation,CAS 603-33-8 , China National Bluestar (Grou

November 17, Blue Star Ltd has announced Adisseo Nutrition Group listed in Hong Kong will be the end of November.

In the Nov. 11 investor conference in Hong Kong, China Chemical Group Corporation,CAS 603-33-8, China National Bluestar (Group) Company, Ren Jianxin,Triphenyl Bismuth exporter, chairman of the board listed on the Blue Star Adisseo very confident. Ren Jianxin said, "China is the Blue Star Group Adisseo nutrition important market for the present and future, as the Blue Star Group's parent holding company Adisseo Nutrition, China Chemical Industry Group and China National Bluestar Group will by virtue of the allocation of resources, industry chain integration and other aspects of the unique advantages, as always, on the development of Blue Star Group Adisseo to provide full nutritional support. "

It is reported that Blue Star Adisseo Nutrition Group in Hong Kong initial public offering (IPO) of shares to be sold 2,300,700,000 shares, offer price range of 3.5 to 5.25 Hong Kong dollars per share, raising the amount of 1.56 billion U.S. dollars. In accordance with the prospectus, Lansing Adisseo 40% of the proceeds will be used to finance plant expansion plans in Europe, while 40% of the money for the development of feed business. Among them,Triphenyl Bismuth, the Blue Star Adisseo in Asia, especially China's growth is its significant investment highlights. Before the construction in Nanjing, China National Bluestar Group of liquid methionine production facilities will be put into the second half of 2012, 2014, can produce 14 million tons of liquid methionine.

Original Adisseo Group is one of the three largest manufacturers of methionine, is the world leader in animal nutrition additives. October 2005, a wholly-owned China National Bluestar Group acquired Adisseo, become central enterprises "going out" success story. Currently, the Blue Star Adisseo in France,Triphenyl Bismuth price, Spain and the United States has five production bases and sales channels throughout the world in 120 countries and regions.The first half of this year, the company methionine total capacity of 23.1 tons / year.