The two consultants of PricewaterhouseCoopers believe that the distribution market has a high degree of dispersion and it is necessary to establish a business model that can withstand the economic downturn. This is the best time for mergers and acquisitions. On the one hand, many private equity funds want to enter the distribution market; on the other hand, because the capital market has started to thaw, existing distributors expect that the conditions for becoming bigger and stronger are already in place.
The two analysts pointed out that the latest research shows that the top five global distributors control only 15% of the market share.
Including about 70% of specialty chemicals, 58% of polypropylene and 91% of polycarbonate market. They said that in terms of geographic segmentation, the timing of mergers and acquisitions in the Asian and Latin American markets is particularly mature because of the relatively high degree of fragmentation in these regions. For example, India's top five distributors control only 15% of the distribution market share, which is about 28% in Brazil and Mexico, compared with 45% to 50% in the United States and Belgium.
Hahnen stressed that there are still many mergers and acquisitions pending in the industry. He said: “Many distribution companies were initially established as home-based workshops, mainly serving small customers. With the integration of customers, they have gradually created specialized distributors, but their development is still lagging behind. There are still many problems that need to be solved. Solve perfection."
Clements suggests that chemical distributors can make profits during the economic downturn. He said: “After you get a relatively fixed unit profit rate, you can get the same profits regardless of whether the price of the product goes up or down.†It is reported that the chemical distributor has a lower fixed fee compared with chemical manufacturers. Therefore, even if the earnings decline in the economic downturn, it is still possible to ensure profitability.
According to reports, a comparison of profits between chemical manufacturers and distributors in 2007 and 2008 shows that the average increase in profits of distributors is 22%. During the same period, the average operating profit of bulk chemical manufacturers fell by an average of 163% year-on-year, and the average decline in specialty chemicals was 41%.
Deluxe Rice Cooker
Deluxe rice cooker was one of electric type rice cooker , but it`s the most popular type of electric rice cooker . especially famous in Southeast Asia area with its good appearances with various functions. Not only its outer shell could be customized with different demands, but also it speeding cooking , saving times and electricity, enhancing our lifestyle
Features
The inner pot is made of solid and durable aluminum alloy of high intensity , such as non-stick inner pot , stainless steel inner pot and honeycomb patterned inner pot with non-stick coating.
There are some models that use stainless steel instead of aluminium .Various other materials, such as copper, pure carbon, ceramic, and diamond powder coating, may be used for higher heat conductivity or better taste.
Applications
Multifunction , can cooking rice, soup and much more. added cooking versatility with supplied steam tray.
Some rice cookers have settings for congee, a type of rice porridge called okayu in Japanese, Juk in Korea, and zhou in Chinese.
More elaborate recipes are possible using a rice cooker, and there are cookbooks devoted entirely to dishes prepared using a rice cooker. It is possible to cook soups, stews or sponge cakes in electric rice cookers. By simply adding ingredients and setting it to "warm", a rice cooker cooks the contents at about 65 °C (150 °F). In a few hours, the stew is fully cooked and ready to eat.
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