今年化工行业并购活动强劲

中国石化新闻网讯 据油气新闻网站3月3日消息 德勤全球化学工业并购展望（2020年展望）预计，尽管贸易和地缘政治紧张，以及影响当今全球经济不确定性的经济放缓，但强劲的并购活动仍将在未来一年持续。

能源与资源主管、中东监测德勤执行合伙人Bart Cornelissen表示：“在过去的几年里，尽管面临诸多挑战，化工行业仍保持着健康的并购活动水平，我们对此进行了密切关注。”

“重点一直放在增长和盈利上。看来，化工行业在不确定性中的经营已经变得更加舒适，而这种不确定性现在可能被视为“新常态”。鉴于海湾合作委员会油气公司向下游发展的动力，我们预计非运营式增长对实现其战略至关重要。”

《2020年展望》认为，形成并购格局的一个趋势是，随着化工生产日益成为重要的最终用途，传统油气公司与石化公司的持续整合。另一个趋势是，对可持续性的担忧不断增加，这正在改变化工企业对其商业模式的看法，导致非传统的联盟、伙伴关系和合资企业。

作为收购交易的重要组成部分，私人股本自2018年以来经历了复苏。预计私人股本集团将通过提供资本、收购资产和通过合并建立公司，在化学品并购中重新发挥关键作用。

王磊 摘译自 油气新闻

原文如下：

Robust M&A activity for chemical industry in 2020

The Deloitte Global Chemical Industry Mergers and Acquisitions Outlook (2020 Outlook) expects robust merger and acquisition (M&A) activity to continue throughout the coming year, despite the trade and geopolitical tensions, and slowing economies that shape today’s global economic uncertainty.

“Over the past few years we watched attentively as the chemical industry maintained healthy M&A activity levels despite the many challenges,” says Bart Cornelissen, Energy & Resources Leader and Managing Partner of Monitor Deloitte in the Middle East.

“The focus has remained on growth and profitability through it all. It seems that the chemical industry has become more comfortable operating in the uncertainty which may now be considered the ‘new normal’. Given the drive by GCC oil and gas companies towards downstream, we expect to see inorganic growth as essential to deliver upon their strategies.”

One trend the 2020 Outlook sees shaping the M&A landscape is the continued integration of traditional oil and gas companies with petrochemical firms, as chemical production is becoming an increasingly important end-use. Another trend is increased sustainability concerns that are changing how chemical companies view their business models, leading to non-traditional alliances, partnerships, and joint ventures.

Private equity has experienced a resurgence since 2018 as an important component of acquisition transactions. Private equity groups are expected to play a renewed critical role in chemicals M&A by providing capital, acquiring assets, and building companies through consolidation.