Global chemical industry continued M &A robustly in 2006. According to analysis report provided by Young & Partners (Y&P), an investment bank headquartered in New York,In the first three quarters of this year, Chemical industrial of all the world mergers and acquisitions more than 32 billion U.S. dollars of the total value of mergers and acquisitionsin in 2005. Taking this globalization of industry mergers, there are several prominent features: Specialty Chemicals business operators to consolidate the industry, German chemical companies become an activity bright landscape in global chemical industry, China has become the main battlefield of the global chemical company mergers and acquisitions.