Shanghai Daoqin Plastics Co., Ltd.

         Evonik formed its methacrylic acid ester business 交割, this company in 持续执行专注于 specialty chemical strategy more 进一步. business agreement year 3 month 4 day 签署, business 交割于7 month 31 day positive formed. easy already obtain related 反垄断当局 无限 made 批准.

        出售 methacrylic acid ester business in full has 15 production 基, 3900名员工. from 2016 year to 2018 year, business year 均EBITDA is 约3.5 100 million 欧元, year sales is 约18 100 million 欧元.

        “此次 business is Evonik will product combined 进一步 poly specialty chemical product, from decrease/reduce for cycle also has force measures, ” Evonik long 库乐满 table/sheet 示. “ positive 如2019 year upper semi year table/sheet that 样, for macro trend, 我们现 in product combined ratio more tool active force. ”

         upper 述剥离 business 30 100 million 欧元 出售 price (enterprise value) is its 息税折旧摊销 front profit (EBITDA) 8.5倍. easy and 净售价 差额 is 约6 100 million 欧元, main/primary used for 养老金 to 付义务. easy 税费约2 100 million 欧元.

         in addition, 基于股权 separation and 2019 year 应缴税金 and other causes, Evonik 需支付 one-time property nano 税义务约2.6 100 million 欧元, formed easy.

         and meanwhile, this will make Evonik in future 15 year 间, obtain more high 折旧费 and related future tax decrease 免, in cash flow in high year 2000万欧元. therefore, tax effect/influence will in 整 期间 large 幅抵消.

         Evonik plan utilizing easy add strong/high its 财务状况, has for property expand its specialty chemical product combined.