A growth strategy for a
Chinese state-owned
enterprise: An interview with
ChemChina’s president
Ren Jianxin explains how domestic acquisitions helped prepare the way for
overseas ones.
Tomas Koch and Oliver Ramsbottom
j u l y 2 0 0 8
BlueStar, China’s first industrial-cleaning company, was transformed into the nation’s largest
chemical conglomerate—ChemChina, with $17.4 billion (121.8 billion renminbi) in revenue—
through more than 100 acquisitions of state-owned companies.
ChemChina has expanded aggressively overseas by purchasing Adisseo, Qenos, and other
companies to obtain technology, management expertise, capital, and access to markets.
In an interview, Ren Jianxin, ChemChina’s president and the former president of BlueStar,
discusses the expectations of the private-equity firm Blackstone, which invested $600
million in the company in 2007; the global challenges it faces; and its daunting dual role of
creating both shareholder value and jobs.
c o r p o r a t e f i n a n c e
Article
at a
glance
1
Ren Jianxin worked as a farmer in Dunhuang County, Gansu Province, during
China’s Cultural Revolution. The hard life there, Ren explains, taught him “how to
persistently pursue my goals,” along with other important lessons that have carried
over into his business career.
In 1984, Ren borrowed money from his employer by using personal assets as
collateral and, with seven colleagues, founded China BlueStar Chemical Cleaning,
China’s first industrial-cleaning company. It started modestly by cleaning teapots
and boilers but grew quickly and undertook increasingly difficult jobs. On the way
to capturing 90 percent of the domestic industrial-cleaning market, BlueStar pushed
its Japanese and German competitors out of China. Today, it claims to be the
world’s biggest industrial-cleaning company.
Since 1990, Ren has acquired more than 100 state-owned enterprises. Above all, he
brokered the 2004 merger between BlueStar and other companies affiliated with the
former Ministry of Chemical Industry—a merger that created the China National
Chemical Corporation (ChemChina), the nation’s largest chemical conglomerate,
of which he is now president. In 2006, Ren began a global-expansion program,
buying assets in France and Australia. A year later, BlueStar came under the
international business spotlight when it received a $600 million investment from the
prominent private-equity firm Blackstone.
Organic growth, domestic consolidation, and international acquisitions have
pushed ChemChina’s assets and annual revenue up to $17.4 billion (121.8 billion
renminbi) each. During a recent interview in Beijing with Tomas Koch and Oliver
Ramsbottom, a McKinsey director and associate principal, respectively, Ren
discussed his state-owned company’s approach to M&A, its global ambitions, and
his dual role of creating both shareholder value and jobs.
Ren Jianxin: In 1984, I found out by accident that eight million tons of coal a year
were wasted b.
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The chemical industry in China is undergoing significant changes that present both opportunities and challenges for multinational chemical companies. The Chinese government's 12th Five-Year Plan aims to increase self-sufficiency in chemicals and favors state-owned enterprises, creating an uneven playing field. While demand for chemicals remains strong to support China's growing industries, multinationals now face stronger state-owned competitors that receive government support. The rules of competition have changed, requiring multinationals to adapt their strategies to succeed in China's evolving chemical industry.
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MTX Smart Energy Solutions is a Canadian company that aims to improve energy efficiency and reduce costs in Canada, China, and globally. Their goal is to synergize energy use for work, study, and living to create a green, low-carbon lifestyle. They provide "smart energy solutions" that efficiently allocate and store energy around the clock, creating jobs and stimulating local economies while protecting the environment. Their projects include converting excess power to hydrogen through "Power to Gas" technology and building hydrogen fuel cells and fueling stations, with the goals of eliminating pollution, promoting economic growth, and creating employment opportunities in China.
The document discusses trends shaping the future of the chemical industry and provides recommendations for industry leaders. It identifies five megatrends - resource availability, changing populations, emerging markets, greater efficiency, and new frontiers - that will impact the industry. It then outlines six priorities for CEOs: joining the digital revolution, building resilient business models, meeting rising customer expectations, enabling innovation through collaboration, making operations data-driven, and designing the workforce of the future. The document argues that digital technology will be disruptive but also enable new opportunities if chemical companies adapt their strategies in light of the trends.
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Global and china titanium dioxide industry report, 2016 2020ResearchInChina
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Right now, there is an innovation-based industrial revolution going on to re-shape our world for the better.
Unfortunately, it´s happening too slow. Innovations and new technologies take too long to enter the market and to then scale in a meaningful way. Capital, capabilities (know-how) and connections are the greatest limiting factors.
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It is 20 years since China opened its doors to the
West. Now a new era is beginning for trade in
China as it becomes a member of the World Trade
Organisation.
What have we learnt to date from transferring
technologies to China, particularly those designed
to protect the environment? How do vendors of
environmental technologies access this opening
market?
While recently working in Asia, some things were
clearly evident. It takes money, time, persistence
and careful planning to achieve widespread adoption
of a new environmental technology in China.
Firms that succeed in China:
• get advice from others who have been successful;
• collaborate with the Chinese on research;
• collaborate with other foreign companies in business
activities;
• form joint ventures with Chinese companies, but
recognise that partnerships work well too;
• provide a comprehensive package where and
when it is needed;
• protect their intellectual property (but are also
prepared for some ‘technology leakage’);
• establish a local presence;
• respect cultural differences; and
• access the resources of governments in Australia
and China.
How to market a chemicals company in China using traditional and digital media.EASTWEST Public Relations
If you are entering the China market or looking to build your brand in China within the Chemicals market, this deck will be helpful. It demonstrates the work we can do, but also includes events, key media, and a social media strategy which can be used. It also includes a schedule and budget.
You can contact us to discuss helping your company in China, or Asia.
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The global titanium dioxide market is predicted to attain a revenue of $24,026.1 million by 2030, advancing at a 4.5% CAGR during the forecast period (2020–2030), according to a report by P&S Intelligence.
1) CASM-China has established partnerships with mining organizations in China and participated in workshops and conferences to promote awareness of artisanal and small-scale mining issues since 2007.
2) Artisanal and small-scale mining in China employs over 5 million people but faces economic, environmental, and social challenges including a lack of resources, investment, and national policy support.
3) A case study of two tailings dam failures in Shanxi Province found that one resulted in no deaths due to safer practices, while the other caused 268 deaths due to illegal operations and lack of regulation and oversight.
1) CASM-China has established partnerships with mining organizations in China and participated in workshops and conferences to promote awareness of artisanal and small-scale mining issues since 2007.
2) Artisanal and small-scale mining in China employs over 5 million people but faces economic, environmental, and social challenges including a lack of resources, investment, and national policy support.
3) A case study of two tailings dam failures in Shanxi Province found that one resulted in no deaths due to safer practices, while the other caused 268 deaths due to illegal operations and lack of regulation and oversight.
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pwc-chemicals-transportation-challenges-studyMatt Wilson
The document summarizes key findings from a report by PwC on the anticipated growth of the US chemical manufacturing industry and associated transportation challenges. It finds that low natural gas prices are driving significant new chemical plant investments that will increase US chemical production capacity by 18% by 2020. However, this growth poses logistical challenges as the transportation infrastructure may not be able to accommodate the increased demand. Specifically, the chemical industry relies heavily on truck and rail transportation and already experiences congestion-related delays. If not addressed, infrastructure issues could significantly increase costs for the chemical industry due to excess inventories, capital expenditures, and higher operating costs over the next decade. Cooperation will be needed across the industry and with policymakers to ensure the chemical
This document provides an organizational study report on Star PVC pipes & fittings. It discusses the company's background, vision, mission, products, departments, and production centers. Star PVC is a leading manufacturer of PVC pipes and fittings in South India, with multiple production centers across India and Dubai. The report outlines the company's history and growth over decades to become a major player in the PVC pipes and fittings industry with a diverse product portfolio and widespread operations.
For this Portfolio Project, you will write a paper about John A.docxevonnehoggarth79783
For this Portfolio Project, you will write a paper about "John Adams" as well as any event in U.S. history that is relevant to your major area of study or of interest to you. You will write about John Adams from the perspective of another historical personality who lived at the same time as the person or event you are going to describe.
For your historical personality, try to select someone from an under-represented population (examples of possible perspectives include that of Anne Hutchinson, Pocahontas, or Sojourner Truth). This analysis is to make you think about how events/people’s actions were interpreted at the time.
Key Points::
Remember that you will be writing from the perspective of a historical person about another person or an event from a period of U.S. history up to Reconstruction. From your historical person’s perspective, provide a thorough summary of the person or event you’ve chosen to write about, including the incidents that took place and any key individuals involved or affected.
Address the general importance of the person or event in the context of U.S. history.
Now, explain specifically how the person or event changed “your” daily life—“you” being the historical persona you have adopted.
Think long-term: How will the person or the event you are describing make a long-term impact in the lives of people who are in the under-represented group to which your historical person/perspective belongs?
Paper Requirements:
Your paper must be four to six pages, not including the required references and title pages.
Use at least five sources, not including the textbook. Include a scholarly journal article. Include at least one
primary
source from those identified in the syllabus.
Definition of a Primary Source
: A primary source is any source, document or artifact that was created at the time of the event. It was usually created by someone who witnessed the event, lived during or even shortly afterwards, or somehow would have first-hand knowledge of that event. A secondary source, by contrast, is written by a historian or someone writing about the event after it happened.
Have an introduction and strong thesis statement. Make use of support and examples supporting your thesis
Finish with a forceful conclusion reiterating your main idea.
Format your paper according to the
CSU-Global Guide to Writing and APA Requirements
(Links to an external site.)
.
.
For this portfolio assignment, you are required to research and anal.docxevonnehoggarth79783
For this portfolio assignment, you are required to research and analyze a TV program that ran between 1955 and 1965.
To successfully complete this essay, you will need to answer the following questions:
What is the background of this show? Explain what years it was on TV, describe the channel it aired on, the main characters, setting, etc..
What social issues and historical events were taking place at the time the show was being broadcast?
Did these issues affect the television show in any way?
Did the television show make an impact on popular culture?
Your thesis for the essay should attempt to answer this question:
Explain the cultural relevance of the show, given the information gathered from the show's background, and cultural history. How can television act as a reflection of the social, political, and cultural current events?
.
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Right now, there is an innovation-based industrial revolution going on to re-shape our world for the better.
Unfortunately, it´s happening too slow. Innovations and new technologies take too long to enter the market and to then scale in a meaningful way. Capital, capabilities (know-how) and connections are the greatest limiting factors.
This document provides an overview of Laxmi Plastics, including its history, vision, organizational structure, departments, products, and the plastics industry in India. Laxmi Plastics was established in 1985 and manufactures plastic bags, POP, sutli rolls, and other products. It uses automated machinery and supplies products throughout Gujarat and some other cities. The company aims to increase production capacity to meet growing market demand. The plastics industry in India has grown significantly since the 1950s and employs over 4 million people across small and medium processing units.
It is 20 years since China opened its doors to the
West. Now a new era is beginning for trade in
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Organisation.
What have we learnt to date from transferring
technologies to China, particularly those designed
to protect the environment? How do vendors of
environmental technologies access this opening
market?
While recently working in Asia, some things were
clearly evident. It takes money, time, persistence
and careful planning to achieve widespread adoption
of a new environmental technology in China.
Firms that succeed in China:
• get advice from others who have been successful;
• collaborate with the Chinese on research;
• collaborate with other foreign companies in business
activities;
• form joint ventures with Chinese companies, but
recognise that partnerships work well too;
• provide a comprehensive package where and
when it is needed;
• protect their intellectual property (but are also
prepared for some ‘technology leakage’);
• establish a local presence;
• respect cultural differences; and
• access the resources of governments in Australia
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If you are entering the China market or looking to build your brand in China within the Chemicals market, this deck will be helpful. It demonstrates the work we can do, but also includes events, key media, and a social media strategy which can be used. It also includes a schedule and budget.
You can contact us to discuss helping your company in China, or Asia.
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The global titanium dioxide market is predicted to attain a revenue of $24,026.1 million by 2030, advancing at a 4.5% CAGR during the forecast period (2020–2030), according to a report by P&S Intelligence.
1) CASM-China has established partnerships with mining organizations in China and participated in workshops and conferences to promote awareness of artisanal and small-scale mining issues since 2007.
2) Artisanal and small-scale mining in China employs over 5 million people but faces economic, environmental, and social challenges including a lack of resources, investment, and national policy support.
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3) A case study of two tailings dam failures in Shanxi Province found that one resulted in no deaths due to safer practices, while the other caused 268 deaths due to illegal operations and lack of regulation and oversight.
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For this Portfolio Project, you will write a paper about "John Adams" as well as any event in U.S. history that is relevant to your major area of study or of interest to you. You will write about John Adams from the perspective of another historical personality who lived at the same time as the person or event you are going to describe.
For your historical personality, try to select someone from an under-represented population (examples of possible perspectives include that of Anne Hutchinson, Pocahontas, or Sojourner Truth). This analysis is to make you think about how events/people’s actions were interpreted at the time.
Key Points::
Remember that you will be writing from the perspective of a historical person about another person or an event from a period of U.S. history up to Reconstruction. From your historical person’s perspective, provide a thorough summary of the person or event you’ve chosen to write about, including the incidents that took place and any key individuals involved or affected.
Address the general importance of the person or event in the context of U.S. history.
Now, explain specifically how the person or event changed “your” daily life—“you” being the historical persona you have adopted.
Think long-term: How will the person or the event you are describing make a long-term impact in the lives of people who are in the under-represented group to which your historical person/perspective belongs?
Paper Requirements:
Your paper must be four to six pages, not including the required references and title pages.
Use at least five sources, not including the textbook. Include a scholarly journal article. Include at least one
primary
source from those identified in the syllabus.
Definition of a Primary Source
: A primary source is any source, document or artifact that was created at the time of the event. It was usually created by someone who witnessed the event, lived during or even shortly afterwards, or somehow would have first-hand knowledge of that event. A secondary source, by contrast, is written by a historian or someone writing about the event after it happened.
Have an introduction and strong thesis statement. Make use of support and examples supporting your thesis
Finish with a forceful conclusion reiterating your main idea.
Format your paper according to the
CSU-Global Guide to Writing and APA Requirements
(Links to an external site.)
.
.
For this portfolio assignment, you are required to research and anal.docxevonnehoggarth79783
For this portfolio assignment, you are required to research and analyze a TV program that ran between 1955 and 1965.
To successfully complete this essay, you will need to answer the following questions:
What is the background of this show? Explain what years it was on TV, describe the channel it aired on, the main characters, setting, etc..
What social issues and historical events were taking place at the time the show was being broadcast?
Did these issues affect the television show in any way?
Did the television show make an impact on popular culture?
Your thesis for the essay should attempt to answer this question:
Explain the cultural relevance of the show, given the information gathered from the show's background, and cultural history. How can television act as a reflection of the social, political, and cultural current events?
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4 pages 4 resources
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Overarching story (e.g., creation, flood) or story elements (e.g., descent into the underworld, establishment of divine rulership, rapture of mortals by gods, divine disguise)
Narrative structure (e.g., repetitive patterns, discursion)
Themes (e.g., love, jealousy, mortality, revenge, mutability/transformation, limits of human power/knowledge)
Characters (e.g., tricksters)
Cultural functions (e.g., reinforcement of societal norms, explanation of origins of society, explanation of natural phenomena, incorporation in ritual practices, entertainment)
Compare and contrast the two myths you choose, taking into consideration the various elements noted above and any others you deem relevant. (In making comparisons, you do not necessarily need to apply the specifically "comparativist" approach discussed in the course as one historical strand of mythological analysis.)
While you are welcome to reference external sources, this is not a research paper and the use of secondary sources is not required or expected. If you choose to examine a myth not discussed in the course, however, please indicate the source from which you have taken this.
.
For this module, there is only one option. You are to begin to deve.docxevonnehoggarth79783
For this module, there is only one option. You are to begin to develop your diversity consciousness by
identifying a current event in the news pertaining to social inequality in terms social class, gender, or racial ethnicity.
You are to
provide the link to this news article and analyze
the report including in your discussion the following:
What social inequality is being demonstrated in this current even? Describe it
What relationship is going on between the “majority” and “minority group.” Define who is the majority and who is the minority. Describe why you have identified the group as minority and majority.
Who is being marginalized in this event? How? Why do you believe they are being marginalized?
Is any group being “blamed” in this event? Is this “blame” at the individual level or the societal level – or both?
Who has the power in this situation? What is that power?
Who has the privilege in this situation? What is that privilege?
What suggestions do you have that would assist in addressing this social inequality?
What did you learn? (How did this develop your diversity consciousness?)
need to cite using apa and needs to be at least 250 words
.
For this Major Assignment 2, you will finalize your analysis in .docxevonnehoggarth79783
For this Major Assignment 2, you will finalize your analysis in your Part 3, Results section, and finalize your presentation of results from the different data sources. Also, for this week, you will complete the Part 4, Trustworthiness and Summary section to finalize the last part of this Major Assignment 2.
To prepare for this Assignment:
· Review the social change articles found in this week’s Learning Resources.
Part 4: Trustworthiness and Summary
D. Trustworthiness—summarize across the different data sources and respond to the following:
o What themes are in common?
o What sources have different themes?
o Explain the trustworthiness of your findings, in terms of:
§ Credibility
§ Transferability
§ Dependability strategies
§ Confirmability
Summary
· Based on the results of your analyses, how would you answer the question: “What is the meaning of social change for Walden graduate students?”
· Self-Reflection—Has your own understanding of you as a positive social change agent changed? Explain your reasoning.
· Based on your review of the three articles on social change, which one is aligned with your interests regarding social change and why?
By Day 7
Submit
Parts 1, 2, 3, and 4 of your Major Assignment 2.
.
For this Final Visual Analysis Project, you will choose one website .docxevonnehoggarth79783
For this Final Visual Analysis Project, you will choose one website that you visit frequently (it must be a professional business website, not your own personal website). Feel free to use websites such as Nike, Apple, Northwestern Mutual, etc. or a website that applies to your career choices.
Once you choose your website, you will begin to consider the effects the visual elements have on the viewers and
create a thesis statement and outline using the response elements 1-5 below.
For the Thesis & Outline TEMPLATE document click
here
.
APA title page, reference page, and formatting.
Use at least four academic/scholarly sources.
Use properly cited quotes and paraphrases when necessary.
Complete, polished, and error-free cohesive sentences.
Contains an introduction, body, and conclusion.
Sensory Response –
When analyzing the viewer’s sensory response to a particular visual, it is important to consider the visual elements that attract the eyes. Close your eyes when considering a visual. When you open your eyes, what are the first visual elements that you see? When analyzing a viewer’s Sensory Response, you may consider analyzing at least two of the following effects:
Colors
Lines
Shapes
Balance
Contrast
Perceptual Response –
When analyzing a viewer’s perception of visuals, it is important to consider the audience. Consider who is or is not attracted to this type of visual communication. When analyzing a viewer’s Perceptual Response, consider at least two of the following effects:
Target audience specifics (age, profession, gender, financial status, etc.)
Cultural familiarity elements (ethnicity, religious preference, social groups, etc)
Cognitive visuals (viewer’s memories, experiences, values, beliefs, etc.)
Technical Response –
When analyzing a viewer’s response to certain visuals, we need to consider the technical visual aspects that may affect perception. Describe how visuals affect the interpretation of the intended media communication message. Address specific technological elements that impact perception. When analyzing the Technical Response, consider the Laws of Perceptual Organization (similarity, proximity, continuity, common fate, etc), and at least two of the following types of visuals:
Drop-down menus
Hover-over highlighting
Animations
Quality of visuals
Emotional Response
– When analyzing a viewer’s Emotional Response, it is important to consider the targeted audience preferences and emotional intelligence. Discuss what the viewer might want to see and what type of visual presentation will set the tone for that response. When analyzing the Emotional Response, consider the effects of at least two of the following types of visuals:
Mood setting colors
Mood setting lighting
Persuasive images
Positioning of search or purchase buttons
Social media icons and share options
Ethical Response -
When analyzing a viewer’s Ethical Response, it is important to consider the ta.
For this essay, you will select one of the sources you have found th.docxevonnehoggarth79783
For this essay, you will select one of the sources you have found through your preliminary research about your research topic (see Assignment 1.1). Which source you choose is up to you; however, it should be substantial enough that you will be able to talk about it at length, and intricate enough that it will keep you (and your reader) interested. For more info see attached document
.
For this discussion, you will address the following prompts. Keep in.docxevonnehoggarth79783
For this discussion, you will address the following prompts. Keep in mind that the article or video you’ve chosen should not be about critical thinking, but should be about someone making a statement, claim, or argument related to Povetry & Income equality. One source should demonstrate good critical thinking skills and the other source should demonstrate the lack or absence of critical thinking skills. Personal examples should not be used.
1. Explain at least five elements of critical thinking that you found in the reading material.
2.Search the Internet, media, and find an example in which good critical thinking skills are being demonstrated by the author or speaker. Summarize the content and explain why you think it demonstrates good critical thinking skills.
3.Search the Internet, media, or and find an example in which the author or speaker lacks good critical thinking skills. Summarize the content and explain why you think it demonstrates the absence of good, critical thinking skills.
Your initial post should be at least 250 words in length, which should include a thorough response to each question.
Due midnight Thursday April 22,2020
.
For this discussion, research a recent science news event that h.docxevonnehoggarth79783
For this discussion, research a recent science news event that has occurred in the last six months. The event should come from a well-known news source, such as ABC, NBC, CBS, Fox, NPR, PBS, BBC, National Geographic, The New York Times, and so on. Post a link to the news story, and in your initial post:
* Summarize your news story and its contributions to the science or STEM fields
* If your news event is overtly related to globalization, explain how this event contributes to global studies. If your news event does not directly relate to globalization, how could the science behind your event be applied to global studies?
.
For this Discussion, review the case Learning Resources and the .docxevonnehoggarth79783
For this Discussion, review the case Learning Resources and the case study excerpt presented. Reflect on the case study excerpt and consider the therapy approaches you might take to assess, diagnose, and treat the patient’s health needs.
Case: An elderly widow who just lost her spouse.
Subjective: A patient presents to your primary care office today with chief complaint of insomnia. Patient is 75 YO with PMH of DM, HTN, and MDD. Her husband of 41 years passed away 10 months ago. Since then, she states her depression has gotten worse as well as her sleep habits. The patient has no previous history of depression prior to her husband’s death. She is awake, alert, and oriented x3. Patient normally sees PCP once or twice a year. Patient denies any suicidal ideations. Patient arrived at the office today by private vehicle. Patient currently takes the following medications:
•
Metformin 500mg BID
•
Januvia 100mg daily
•
Losartan 100mg daily
•
HCTZ 25mg daily
•
Sertraline 100mg daily
Current weight: 88 kg
Current height: 64 inches
Temp: 98.6 degrees F
BP: 132/86
By Day 3 of Week 7
Post
a response to each of the following:
• List three questions you might ask the patient if she were in your office. Provide a rationale for why you might ask these questions.
• Identify people in the patient’s life you would need to speak to or get feedback from to further assess the patient’s situation. Include specific questions you might ask these people and why.
• Explain what, if any, physical exams, and diagnostic tests would be appropriate for the patient and how the results would be used.
• List a differential diagnosis for the patient. Identify the one that you think is most likely and explain why.
• List two pharmacologic agents and their dosing that would be appropriate for the patient’s antidepressant therapy based on pharmacokinetics and pharmacodynamics. From a mechanism of action perspective, provide a rationale for why you might choose one agent over the other.
• For the drug therapy you select, identify any contraindications to use or alterations in dosing that may need to be considered based on the client’s ethnicity. Discuss why the contraindication/alteration you identify exists. That is, what would be problematic with the use of this drug in individuals of other ethnicities?
• Include any “check points” (i.e., follow-up data at Week 4, 8, 12, etc.), and indicate any therapeutic changes that you might make based on possible outcomes that may happen given your treatment options chosen.
Respond to the these discussions. All questions need to be addressed.
Discussion 2 Me
Treatment of a Patient with Insomnia
The case presented this week, is that of a 75-year-old widow who just lost her spouse 10-months ago. Th patient presents with chief complaints of insomnia. Past medical history of DM, HTN, and MDD is reported. Since the passing of her husband, she states her depression has gotten worse .
For this Discussion, give an example of how an event in one part.docxevonnehoggarth79783
For this Discussion, give an example of how an event in one part of the world can cause a response elsewhere in the world:
Reviewing the aspects of your event, analyze the cause and effect of global influences through direct or indirect means.
What aspects of diversity are evident in your event?
How can understanding diversity benefit a society?
.
For this discussion, consider the role of the LPN and the RN in .docxevonnehoggarth79783
For this discussion, consider the role of the LPN and the RN in the nursing process.
How would the LPN and RN collaborate to develop the nursing plan of care to ensure the patient is achieving their goal?
What are the role expectations for the LPN and RN in the nursing process?
Pls include two references and intext citation.
.
For this discussion, after you have viewed the videos on this topi.docxevonnehoggarth79783
For this discussion, after you have viewed the videos on this topic posted in this week's assignment, please answer the questions posted with this week's discussion.
After posting your individual answers to questions, you are required to respond to 2 students answers with meaningful/thoughtful input on their comments. Your responses must be minimum of a paragraph with at least 3 sentences. Your comments to 2 students
Video #1: History of Homosexuality on Film -- https://youtu.be/SeDhMKd83r4
Video #2: The Gay Culture, According to Television -- https://youtu.be/EbdxRZJfRp4
Video #3: Top 10 Groundbreaking Moments for LGBTQ Characters on TV -- https://youtu.be/yXJAzPJFjQ8
Video #4: I'm Gay, But I'm not ... -- https://criticalmediaproject.org/im-gay-but-im-not/
Video #5: Acting Gay - One Word Cut -- https://youtu.be/a4jfiqiIy0A
LGBTQ+ Questions:
· Name some common stereotypes associated with LGBTQ community?
· What role does media play in establishing & perpetuating these stereotypes?
· Name 2 LGBTQ characters, 1 one from current show/movie; 1 from 10-15 years ago
. Are there differences in the characters?
. Have things changed? Evolved? Improved?
· Are LGBTQ characters portrayed differently than straight characters?
· Why do stories involving LGBTQ characters revolve around their sexuality or sexual orientation?
Acting Gay - One Word: What is your one-word association with the saying "Acting Gay"? Why did you choose this word?
Jarrett Kelley
LGBTQ Discussion
COLLAPSE
Top of Form
1. Some common stereotypes that coincide with the LGBTQ community are promiscuous, non-religious, flamboyant, mentally ill, high sex drives, etc.
2. The media plays a role in establishing these stereotypes because the general public is always watching these shows, reading the news, and listening to stories about different cultures and groups and media that they may not see or interact with in their lives. Therefore, media is an outlet to show these things in a easy way to gain knowledge about people without meeting people face-to-face apart of these groups when sometimes the stereotypes shown can't represent everyone in those groups.
3. Currently, in Marvel's Runaways, that ended in December, there are two lesbian superheros that share a kiss at the end of a season. Karolina, one of the characters, wants to get away from her childhood of religious upbringing and wants to pursue her own life with her superpower of glowing colors. Nico is shown with a Gothic appearance and can be seen as aggressive but down to earth as well. The War at Home was a television show on Fox and a character named Kenny, who is sixteen years old, is kicked out of his house by his parents after finding out he is gay.
a. There are some differences in the characters as Karolina is more flamboyant and colorful, compared to Nico who is goth and likes to remain strictly to business. Kenny is quiet most of the time about his life, especially about his gay crush until his p.
For this discussion choose one of the case studies listed bel.docxevonnehoggarth79783
For this "discussion" choose
one
of the case studies listed below and mention which case study number you picked. After completing your readings, you should be able to identify the psychological disorder associated to each. After choosing one case study, identify the diagnosis, symptoms in your words and treatment plan for that diagnosis. Provide
in-text citations and references in APA format
to indicate where you are getting information from regarding diagnosis and treatment options).
This is the Case Study I chose:
Martin is a 21 year-old business major at a large university. Over the past few weeks his family and friends have noticed increasingly bizarre behaviors. On many occasions they’ve overheard him whispering in an agitated voice, even though there is no one nearby. Lately, he has refused to answer or make calls on his cell phone, claiming that if he does it will activate a deadly chip that was implanted in his brain by evil aliens. His parents have tried to get him to go with them to a psychiatrist for an evaluation, but he refuses. He has accused them on several occasions of conspiring with the aliens to have him killed so they can remove his brain and put it inside one of their own. He has stopped attended classes altogether. He is now so far behind in his coursework that he will fail if something doesn’t change very soon. Although Martin occasionally has a few beers with his friends, he’s never been known to abuse alcohol or use drugs. He does, however, have an estranged aunt who has been in and out of psychiatric hospitals over the years due to erratic and bizarre behavior.
The Psychological disorder is: SCHIZOPHRENIA
I have attached the reading as well.
Please Consider the following:
APA Format
Only sources from the text
250 words or more
Please let me know if you need anything else.
.
For this assignment, you will use what youve learned about symbolic.docxevonnehoggarth79783
For this assignment, you will use what you've learned about symbolic interactionism to develop your own analysis.
Your assignment is to select a television program that you know contains social inequality or social class themes. In 3-5 pages make sure to provide the following:
Provide a brief introduction that includes the program's title, describes the type of program, and explains which social theme you are addressing
Describe and explain scenes that apply to the social theme.
Identify all observed body language, facial expressions, gestures, posture stances, modes of dress, nonverbal cues, symbols, and any other observed nonverbal forms of communication in the scenes.
Explain your interpretation of the meanings of the identified nonverbal communications and symbolism.
Summarize how these interpretations are important to the sociological understanding of your chosen social inequality or social class theme.
Suggest how your interpretation of the respective meanings might be generalized to society as a whole.
.
For this Assignment, you will research various perspectives of a mul.docxevonnehoggarth79783
For this Assignment, you will research various perspectives of a multicultural education issue and develop an advocacy plan to effectively communicate and advocate for a culturally responsive solution. During the development of your advocacy plan, synthesize and reflect on the major learning points that are applicable to leading culturally responsive social change in your context.
To prepare for this Assignment, review the issues you identified in the Equity Audit assignment.
Review Chapters 1–5 (pp. 1–64) of “An Introduction to Advocacy: Training Guide.”
Develop and submit your advocacy plan. To complete this Assignment, use the document below:
.
For this assignment, you will be studying a story from the Gospe.docxevonnehoggarth79783
Jesus visited Mary and Martha in Luke 10:38-42. The passage describes Mary sitting at Jesus' feet listening to his teaching while Martha was distracted by her household duties. Jesus affirmed Mary's choice to listen to him over working, showing the importance of prioritizing time with God over other tasks.
For this assignment, you will discuss how you see the Design Princip.docxevonnehoggarth79783
For this assignment, you will discuss how you see the Design Principles used in a 2D print. You can select a 2D print from your home, workplace, or use the CSU Art Appreciation LibGuide to find a print in an online museum. Take a photograph of the print or save an image of the print, and include it in the worksheet.In Unit II, our assignment was to describe an artwork using the Visual Elements. We can think of the Design Principles as a way that the artist organized the Visual Elements. Instead of focusing on the small parts of the artwork (like line, shape, and mass) the Design Principles look at the whole artwork and how all the elements work together. Provide a detailed description of the design principles in your 2D print, using full and complete sentences. For Design Principles, make sure you describe how the artist used the ones in Chapter 5: unity and variety, balance, emphasis, repetition and rhythm, and scale and proportion. Questions to consider are included below:
Unity: what elements work together to make a harmonious whole?
Variety: What creates diversity?
Balance: Is it symmetrical or asymmetrical?
Emphasis: What is the focal point?
Repetition and rhythm: Is an element repeated?
Scale and proportion: Are the objects in proportion to each other?
Be sure to describe exactly where in the artwork you see each Principle. You'll want to describe each artwork using the terms we learned in this unit's reading. Remember to write in complete sentences and use proper grammar.
.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
How to Manage Your Lost Opportunities in Odoo 17 CRMCeline George
Odoo 17 CRM allows us to track why we lose sales opportunities with "Lost Reasons." This helps analyze our sales process and identify areas for improvement. Here's how to configure lost reasons in Odoo 17 CRM
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
A growth strategy for a Chinese state-owned enterprise An.docx
1. A growth strategy for a
Chinese state-owned
enterprise: An interview with
ChemChina’s president
Ren Jianxin explains how domestic acquisitions helped prepare
the way for
overseas ones.
Tomas Koch and Oliver Ramsbottom
j u l y 2 0 0 8
BlueStar, China’s first industrial-cleaning company, was
transformed into the nation’s largest
chemical conglomerate—ChemChina, with $17.4 billion (121.8
billion renminbi) in revenue—
through more than 100 acquisitions of state-owned companies.
ChemChina has expanded aggressively overseas by purchasing
Adisseo, Qenos, and other
companies to obtain technology, management expertise, capital,
and access to markets.
In an interview, Ren Jianxin, ChemChina’s president and the
former president of BlueStar,
discusses the expectations of the private-equity firm
Blackstone, which invested $600
million in the company in 2007; the global challenges it faces;
and its daunting dual role of
creating both shareholder value and jobs.
c o r p o r a t e f i n a n c e
2. Article
at a
glance
1
Ren Jianxin worked as a farmer in Dunhuang County, Gansu
Province, during
China’s Cultural Revolution. The hard life there, Ren explains,
taught him “how to
persistently pursue my goals,” along with other important
lessons that have carried
over into his business career.
In 1984, Ren borrowed money from his employer by using
personal assets as
collateral and, with seven colleagues, founded China BlueStar
Chemical Cleaning,
China’s first industrial-cleaning company. It started modestly
by cleaning teapots
and boilers but grew quickly and undertook increasingly
difficult jobs. On the way
to capturing 90 percent of the domestic industrial-cleaning
market, BlueStar pushed
its Japanese and German competitors out of China. Today, it
claims to be the
world’s biggest industrial-cleaning company.
Since 1990, Ren has acquired more than 100 state-owned
enterprises. Above all, he
brokered the 2004 merger between BlueStar and other
companies affiliated with the
former Ministry of Chemical Industry—a merger that created
3. the China National
Chemical Corporation (ChemChina), the nation’s largest
chemical conglomerate,
of which he is now president. In 2006, Ren began a global-
expansion program,
buying assets in France and Australia. A year later, BlueStar
came under the
international business spotlight when it received a $600 million
investment from the
prominent private-equity firm Blackstone.
Organic growth, domestic consolidation, and international
acquisitions have
pushed ChemChina’s assets and annual revenue up to $17.4
billion (121.8 billion
renminbi) each. During a recent interview in Beijing with
Tomas Koch and Oliver
Ramsbottom, a McKinsey director and associate principal,
respectively, Ren
discussed his state-owned company’s approach to M&A, its
global ambitions, and
his dual role of creating both shareholder value and jobs.
Ren Jianxin: In 1984, I found out by accident that eight million
tons of coal a year
were wasted because of boiler incrustation. This reminded me of
a study by my
employer, the Chemical Engineering Institute of the Ministry of
Chemical Industry,
dealing with a particular acid cleaning agent. That seemed to be
the right solution to
the boiler problem, but the study was left on the shelves without
being put to
practical use. So I borrowed 10,000 renminbi from my employer
and, together with
seven colleagues, founded China’s first industrial-cleaning
4. company—and that was
the origin of today’s BlueStar.
Using this cleaning technology, we extended BlueStar’s
business from household
teapots to commercial pipes to the petroleum pipelines between
Qinghai and
Golmud to the launching facility for China’s first spaceship.
BlueStar also got almost
all of the cleaning jobs at China’s ethylene and large chemical-
fertilizer plants.
2
Ren Jianxin
Vital Statistics
Born January 9, 1958, in Lanzhou, Gansu Province
Education
Graduated with MA in economics in 1984 from Lanzhou
University
Career highlights
China National Chemical Corporation (2004–present)
President
China National BlueStar (2001–04)
President
5. China BlueStar Chemical Cleaning (1984–2001)
President (1989–2001)
General manager (1984–89)
Fast Facts
Received CCTV “Magnificent Ten of the Chinese Economy”
award (2007)
Won China Entrepreneur Association’s “Most Influential
Businessman” medal (2006)
Earned China’s National Model Worker award (1993)
Won “Outstanding Young Entrepreneur of China” medal
(1988)
In the following ten years, BlueStar expanded quickly by
acquiring 107 state-owned
enterprises located in a dozen provinces, with total assets of 15
billion renminbi and
30,000 employees. Most of these companies were in financial
difficulty, and we
helped improve their competitiveness. As a result, BlueStar
made itself one of
China’s leading players in new chemical materials, industrial
cleaning, and the
membrane and water-treatment fields.
6. The Quarterly: How did you build the company?
Ren Jianxin: In 1984, I found out by accident that eight million
tons of coal a year
were wasted because of boiler incrustation. This reminded me of
a study by my
employer, the Chemical Engineering Institute of the Ministry of
Chemical Industry,
dealing with a particular acid cleaning agent. That seemed to be
the right solution to
3
the boiler problem, but the study was left on the shelves without
being put to
practical use. So I borrowed 10,000 renminbi from my employer
and, together with
seven colleagues, founded China’s first industrial-cleaning
company—and that was
the origin of today’s BlueStar.
Using this cleaning technology, we extended BlueStar’s
business from household
teapots to commercial pipes to the petroleum pipelines between
Qinghai and
Golmud to the launching facility for China’s first spaceship.
BlueStar also got almost
all of the cleaning jobs at China’s ethylene and large chemical-
fertilizer plants.
In the following ten years, BlueStar expanded quickly by
acquiring 107 state-owned
enterprises located in a dozen provinces, with total assets of 15
billion renminbi and
7. 30,000 employees. Most of these companies were in financial
difficulty, and we
helped improve their competitiveness. As a result, BlueStar
made itself one of
China’s leading players in new chemical materials, industrial
cleaning, and the
membrane and water-treatment fields.
The Quarterly: What were the drivers behind your global
strategy?
Ren Jianxin: Our thinking was driven by the need to find new
avenues of growth for
our company, as well as by China’s increasing demand for
chemicals. China’s
chemical industry has long been bottlenecked by a lack of
technology, insufficient
funding, and a low industrial level. For example, China has a
huge market for
methionine, an animal-feed additive, but did not have
sufficiently mature technology
to produce enough to meet the demand.
On the other hand, global manufacturing has been shifting to
emerging markets,
and the Asia-Pacific region, including China, has become the
hot spot for investment
in the chemical industry. By some estimates, Asia will account
for 38 percent of world
demand for chemicals and more than 20 percent of production
by 2010.
Our M&A strategy aims to capture the opportunities from the
global chemical
industry’s shift to China by obtaining advanced technology,
management expertise,
8. capital, and access to markets and by maximizing the synergies
with our domestic
companies. We position ourselves as a latecomer and follower
in the international
chemical industry while viewing global M&A as a shortcut for
us to catch up with
the world leaders.
4
E X H I B I T
China National Chemical Corporation (ChemChina)
The Quarterly: What prompted the acquisitions of Adisseo,
Qenos, and Rhodia’s
silicone business?
Ren Jianxin: We tried to be selective. The guideline we used
was that any acquisition
should have synergies for both parties—adding value and
maintaining a competitive
edge. We don’t do M&A simply for the sake of scale. We have
leveraged China’s
competitive edge in labor and some raw materials to reduce
costs at the acquired
companies overseas and to increase their profit margins as well.
We first contacted the French company Adisseo in 2003, with
the intention of
buying its technology in order to rebuild a big plant in Tianjin
so that it could
9. produce methionine, the main additive for animal feed. Our
request was rejected. In
addition, BlueStar had close ties with Rhodia, a French
chemical manufacturer, as a
joint-venture partner. For years, we closely monitored the
growth of these
companies and gained a good understanding of their capacity,
technology, markets,
potential, and corporate culture and history.
In January 2006, BlueStar acquired 100 percent of Adisseo.
This transaction was
China’s largest direct investment in France to date. Later that
year, BlueStar bought
Rhodia’s silicones business. With these two purchases, BlueStar
enabled China to
produce large quantities of methionine for the first time, making
the country a
world-class manufacturing base in this specialty, while China
raised its silicon
monomer production capacity to 250,000 tons a year, which
made it the
5
third-biggest producer in the world. BlueStar also obtained
hundreds of patented
technologies from Adisseo and Rhodia, enabling us to solve a
series of technical
problems in the methionine and organosilicon fields.
The Quarterly: How did you respond to the challenges of
postmerger integration?
10. Ren Jianxin: Managing a company well means managing people
well. Even during
our negotiations with the original owners, we paid a lot of
attention to selecting the
management team. We knew that it had to share our values. Just
as important, we
didn’t want to be viewed as conquerors—we knew we had to be
sensitive to the
employees of the acquired companies. With this kind of mind-
set, you can better
understand their concerns and worries and be in a better
position to help them.
Our purpose was to learn more about international business
practices through the
acquired companies and to gain experience. We know that we
have to learn the rules
of today’s market economy and that those rules are not defined
by China. Learning
from and respecting the cultures of acquired companies and
their countries are
critical elements of post-merger integration. BlueStar allows the
locals to run the
business and does not replace the local management with a
Chinese team. That was
the case for Adisseo—BlueStar clearly stated in the acquisition
contract that all of
Adisseo’s employees could stay if they chose.
Since the deals were completed, the acquired companies have
functioned well, and
their revenues and profits have grown to record highs. For
example, it has been less
than three years since the acquisition of Qenos, the biggest
polyethylene
manufacturer in Australia, and we have already recovered 80
11. percent of our
investment.
The Quarterly: How did you handle the surprises that came up
during the
integration of these companies?
Ren Jianxin: Global acquisitions are a new adventure for us.
Before we did our deals,
other Chinese state-owned companies led the way in going
global. Unfortunately, we
read more negative reports than good ones about their
experiences. As a result,
regulators, banks, and our own employees understandably
expressed deep
concerns about our globalization efforts.
So when we did well, people wondered why. It was far more
than just good luck.
What I can tell you is that M&A is not new to us. Over the last
ten years or so, all the
domestic mergers and acquisitions we did were successful,
except one. When we
acquired state-owned companies, there was something special—
almost all the
targets were insolvent. Reviving them was as challenging as
reviving a dying person.
How could such domestic acquisitions not help sharpen
BlueStar’s skills? Of course,
6
global M&A is different, but it has some things in common with
domestic M&A:
12. making judgments about assets, talent, products, and market
potential. My
domestic M&A transactions gave me a lot of experience and
confidence in handling
global cases.
The Quarterly: Can you give us some details about how those
deals prepared you for
global M&A?
Ren Jianxin: Let me describe my failure. In 1990, BlueStar
acquired the Membrane
Science and Technology Institute, our first attempt at M&A.
The organization had
received a lot of public funding and was expected to make
technological
breakthroughs, but the output was extremely disappointing to
the government.
BlueStar did not handle the cultural integration well. My
decision to remove the
director of the institute met with strong opposition from the
government, the former
management team, and the employees, who rallied to protest the
integration effort.
BlueStar finally had to get out of the mess, and we backed out
of the acquisition. The
biggest lesson for me from this experience was the importance
of common values
and cultural integration in a successful acquisition.
The Quarterly: Has the fact that you are a Chinese state-owned
company created any
problems when you try to buy a company?
Ren Jianxin: Not yet. However, we have paid close attention to
13. this issue. For
instance, we thought of buying into a foreign restaurant chain to
help boost our
own Malan Noodle chain, a subsidiary. Given the realities of
the situation, we had to
give up the plan.
The Quarterly: Why does BlueStar, a chemical company, own a
restaurant chain?
Ren Jianxin: I believe a business executive does two basic
things: create value for the
shareholders and create jobs for society. Ten years ago, China’s
chemical industry
had 30 times as many employees per unit of revenues as its
counterparts overseas
did. There are still 10 times more today. That was the context of
most of my M&A
transactions. Given that, laying off redundant workers was
inevitable.
On the other hand, as a responsible entrepreneur I have to try as
hard as I can to
create jobs for the unfortunate. Creating a service business like
Malan Noodle was
one of the solutions I came up with. Malan has become the
number-one fast-food
chain in the country, with more than 500 outlets nationwide. It
has taken on more
than 10,000 workers who used to be employees of our acquired
chemical
companies.
The Quarterly: How do you balance organic and inorganic
growth?
14. 7
Ren Jianxin: We are investing a lot in organic growth, although
the deal making has
gotten a lot of attention. Since ChemChina was founded, we
have bought new
equipment to expand production capacity, upgraded technology
at existing plants,
and invested to minimize pollution. Our annual investments to
enhance
manufacturing capacity and minimize damage to the
environment have averaged 8
billion renminbi in the last few years. These investments will
help our business grow
strongly.
The Quarterly: Why did you open the door to the investment
stake from Blackstone?
Ren Jianxin: Blackstone’s participation turned BlueStar,
formerly a 100 percent
state-owned entity, into a joint venture. We sincerely hope that
with Blackstone’s
experience behind us, the change in ownership structure will
help us transform our
corporate governance, our management systems, and our
incentives. The
joint-venture arrangement offers an opportunity for the
company to design a
long-term and more effective incentive system for the
management team. What’s
more, Blackstone’s involvement seems to be helping our
decision-making process—I
notice that our management seems to be more attentive to the
15. input from other
shareholders.
Another reason, of course, is that we got fresh capital. But
money is not the most
important consideration. A company cannot rely on external
investment to stay
afloat—I don’t believe in a free ride. Also, the investment of
$600 million from
Blackstone represented a recognition by the international
business community of
BlueStar’s value.
Finally, Blackstone has great experience and expertise in the
chemical industry
worldwide, and this could be very valuable to the execution of
our global strategy.
For instance, if BlueStar tried to make overseas acquisitions in
some parts of the
world, it might cause unnecessary misunderstandings and
adversely affect the
transaction. But with Blackstone’s participation, the path could
be smoother.
The Quarterly: What are your plans for the future?
Ren Jianxin: We are currently evaluating our portfolio. We may
focus our core
business on the areas where we enjoy a competitive edge.
ChemChina has six major
units, while most big global chemical companies focus on three
or four businesses. In
the next three to five years, we will try to adjust our business
and product structure.
We may quit some areas and reinforce our competitiveness in
others.