11-Jan-2013 - Bayer MaterialScience AG

Bayer opens Polymer Development Center in South Korea

Further strengthening presence in Asia Pacific

Bayer MaterialScience has officially opened its first Polymer Development & Technology Center in South Korea. Located in the city of Yongin near the capital Seoul, it will focus on the development of new polycarbonate applications for high-tech products from Korean companies especially in the automotive and IT sectors. The new tech center adds to a network of research and development hubs around the globe and major production sites in Asia Pacific.

“Over the past decade, Korea has emerged as a center for cutting-edge high-tech products,” said Michael Koenig, Executive Committee Member of Bayer MaterialScience and Head of the Polycarbonate Business Unit. “Large Korean companies are offering their latest technology worldwide, but their development and research mainly happens in Korea. With our new tech center we can be closer to them, better engage in long-term R&D partnerships and fulfill their needs with greater efficiency and speed.” Koenig believes that the center will become a driving force in the further development of innovative products in Korea.

Facts, background information, dossiers
More about Bayer MaterialScience
  • News

    Covestro up and running

    Bayer MaterialScience is from now on operating under the Covestro name. The company is now legally and economically independent, but will remain a 100 percent subsidiary of Bayer AG. Bayer wants to float Covestro on the stock market by mid-2016 at the latest in order to concentrate exclusiv ... more

    Covestro Management Board named

    The Supervisory Board of Bayer MaterialScience AG (in future: Covestro) has named the members of the future Covestro Board of Management effective September 1, 2015. Patrick Thomas (57) has been confirmed as Chairman of the Board of Management of Covestro. He has been CEO of Bayer MaterialS ... more

    Bayer MaterialScience: Further milestone in the manufacture of plastics from CO2

    Bayer MaterialScience has taken another major step toward using CO2 for plastic production from 2016. A production line is currently under construction for this purpose at the Dormagen site in Germany. A chemical reactor weighing some 25 metric tons has now been put in place at the heart of ... more

  • Companies

    Bayer MaterialScience LLC

    Bayer MaterialScience LLC is one of the leading producers of polymers and high-performance plastics in North America and is part of the global Bayer MaterialScience business with nearly 19,000 employees at 40 sites around the world and 2005 sales of 10.7 billion euros. Our innovative develo ... more