With the approval of the relevant authorities, the transaction is expected to be completed in the second quarter of this year. DSM stated that after the completion of the merger transaction, Bob, the founder of PTG. Hodder will continue to serve as the president of this business unit. DSM did not disclose the specific purchase price, but said that the transaction price is about 10 times the annual income of PTG. PTG said its sales in 2008 will reach 40 million U.S. dollars, and it is expected that the average annual growth rate will reach 20% in the next 3-5 years.
Since 1989, PTG has supplied customers with biomedical materials for the manufacture of medical devices. It currently employs 100 people. PTG's block polyurethane products can be used as a diaphragm in artificial hearts. DSM believes that the market for biomedical materials has great potential for growth. Since last year, the company has supplied this material to the market. After the merger of PTG, DSM hopes that by 2012, sales of its biomedical materials business will reach more than US$150 million.
DSM is not the only company that is optimistic about the biomedical material market. Solvay, FMC and other smaller specialty materials companies have begun to set foot in this field. With the development of the aging population, biomedical materials are currently used in pacemakers, contact lenses, orthopedics in some developed countries. The use of materials, catheters, and in-vivo sensors is expanding.
This product(concrete batching plant)mainly consists of 5 major systems such as mixer, material weighing system, material conveying system, material storage system and control system and other ancillary facilities.This product(concrete batching plant) is equipped with the storage, batching, conveying, stirring, control and other devices of various raw materials required for precast concrete, and various aggregates, powders, admixtures, water, etc. A complete set of equipment for supplying concrete in a concentrated manner than by a mixer.
Features of concrete batching plant:
1.The overall steel structure of the mixing station is made of high-quality steel, which has high overall structural strength and strong stability.
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3.Excellent pneumatic components, electrical components, etc.; to ensure the reliability of the equipment, accurate metering performance.
4.Each maintenance and repair site is provided with a walking platform or a check ladder, and has sufficient operation space. Easy maintenance and repair
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