August 10 2006--Dystar Corp, the world's largest textile and printed dyes manufacturer, completed its acquisition of the Boehme Group yesterday.
The acquisition is expected to strengthen Dystar's position in the leather business. Boehme has more than 700 employees worldwide, and the acquisition includes 16 affiliates and 11 production sites in Australia, Europe, China and South America.
With an investment of US$5.5 million, the first production line will be put into production in the base in the first half of 2006.
Dystar (Nanjing) Dyestuff Company will mainly produce fibers and dyes for chemical fabrics and will also produce other dyes according to market demand.
Dystar has established two production bases in Wuxi City in Jiangsu Province and in Qingdao, a port city in east Chinas Shandong Province.
Dystar was formed based on the dyes departments of three German chemical giants, including Basf Group and Bayer Group