Algae product making companies united against foreign acquis

时间：2006-12-22 03:15:48

（单词翻译:单击）

Chinanews, Beijing, Dec. 22 - When the public is speculating about the future fate of Yunnan Blue Green Algae1 Product Making Company, which is said to be purchased by foreign enterprises, the company has joined hands with its domestic counterparts and officially set up the China Blue Green Algae Industrial Strategic Alliance on Wednesday. Led by Yunnan Blue Green Algae Company, China’s leading company in making blue green algae products, the alliance, the first of such kind set up in China, aims to protect domestic blue green algae companies against foreign acquisition.

 

Recently, various media in China have given a lot of coverage2 to the purchase deal between Yunnan Blue Green Algae Product Making Company and two foreign companies in the blue green algae making industry. It is said that a Hong Kong company and a Japanese company have both indicated their intention of buying the Yunnan Blue Green Algae Product Company. The negotiation3 talks are not fruitful so far.

 

Analysts4 say that once the acquisition deal is made, foreign companies can gain monopolistic control of the scarce blue green algae resources and therefore make huge profits in the sales of such products. The acquisition will make China suffer from the shortage of such resources and environmental pollution.

 

At this time when the acquisition deal has not been finalized5, the recent foundation of the strategic alliance is regarded by many as a way for Chinese enterprises to fight against foreign acquisition.

 

Three major domestic companies in the blue green algae industry have joined the alliance. They together make up over 50% of the total blue green algae products in the world, and 80% of the total in China. The foundation of the strategic alliance will help Chinese enterprises to strengthen their leading role in world blue green algae industry and expand their sales in overseas market.

 

Blue green algae, or spirulina platensis, are microscopic6, spiral-shaped planktons existing on the earth for more than 3.5 billion years. They were first discovered in Africa in 1921 and since then, its rich nutrition has gained much attention from people all over the world.

 
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1 algae tK6yW     
n.水藻，海藻
参考例句：
  • Most algae live in water.多数藻类生长在水中。
  • Algae grow and spread quickly in the lake.湖中水藻滋蔓。
2 coverage nvwz7v     
n.报导，保险范围，保险额，范围，覆盖
参考例句：
  • There's little coverage of foreign news in the newspaper.报纸上几乎没有国外新闻报道。
  • This is an insurance policy with extensive coverage.这是一项承保范围广泛的保险。
3 negotiation FGWxc     
n.谈判，协商
参考例句：
  • They closed the deal in sugar after a week of negotiation.经过一星期的谈判，他们的食糖生意成交了。
  • The negotiation dragged on until July.谈判一直拖到7月份。
4 analysts 167ff30c5034ca70abe2d60a6e760448     
分析家，化验员( analyst的名词复数 )
参考例句：
  • City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
  • I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。
5 finalized 73d0ccbca69b94ee4cd7fc367a8ac9fc     
vt.完成（finalize的过去式与过去分词形式）
参考例句：
  • The draft of this article has been finalized [done]. 这篇文章已经定稿。 来自《现代汉英综合大词典》
  • The draft was revised several times before it was finalized. 稿子几经删改才定下来。 来自《现代汉英综合大词典》
6 microscopic nDrxq     
adj.微小的，细微的，极小的，显微的
参考例句：
  • It's impossible to read his microscopic handwriting.不可能看清他那极小的书写字迹。
  • A plant's lungs are the microscopic pores in its leaves.植物的肺就是其叶片上微细的气孔。

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