Mergers and Acquisitions - PCBL Chemical Limited

Haitong acted as the exclusive buy-side financial adviser to PCBL Chemical Limited (“PCBL”) in the acquisition of advanced non-furnace carbon black technology from Ningxia Jinhua Chemical Co.,Ltd. (“Jinhua”). PCBL is India’s largest carbon black manufacturer and fourth largest worldwide, listed in Mumbai stock exchange.

This highly conductive technology marks a new milestone for PCBL and will elevate performance across a range of applications, redefine industry benchmarks, and strengthen supply chain resilience.