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Yantai Wanhua buys up BorsodChem’s mezzanine debt

September 14/2009

September, 14 ( -- The previously unidentified investor who bought up most of the mezzanine debt of chemical group BorsodChem is Yantai Wanhua Polyurethane, Hungarian news reports say. The Chinese MDI producer is said to have acquired loans worth around EUR 200m.
Yantai Wanhua is rumoured to be negotiating with the owner of BorsodChem, private equity fund Permira about an acquisition.

      MRC Reference

BorsodChem. The share in the Russian market in 2008:
 PVC – 2.5%;
 PVC-S – 2.6%.


Annual growth of sales in Russia over the 5 years:
 PVC – 201%.


Supply by processing technologies:
 profile extrusion;

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