Bayer reports higher earnings in Brazil
"We began the new millennium with a substantial sales gain in U.S. dollars and plan to achieve further growth in the current year," said Helge Karsten Reimelt, President of Bayer S.A., São Paulo and Bayer Country Head in Brazil, at the company's Annual News Conference in São Paulo on May 17, 2001. Exports rose by 16 percent last year and are expected to increase by another 10 percent in 2001. The Coatings and Colorants Business Group recorded the strongest export growth of 78 percent.
The acquisition of the global polyols business of the U.S. company Lyondell boosted Bayer's business in Brazil by US$ 27 million in 2000. In the current year, Bayer is continuing to expand its production facilities for polyurethane raw materials and iron oxides. There are also plans to enlarge the solids plant of the Animal Health Business Group at the Belford Roxo site. The company's total capital spending budget for 2001 amounts to US$ 26.4 million.
Bayer employs nearly 2,600 people in Brazil. The Bayer Group in Brazil comprises Bayer S.A. and Haarmann & Reimer Ltda.
Other news from the department
Most read news
Research shows table salt could be the secret ingredient for better chemical recycling
Table salt as the key to the plastics recycling revolution?
Leipzig-based start-up converts CO₂ into green chemicals with patented plasma catalysis
CO₂ recycling as a useful complement to carbon capture and storage
New battery holds promise for green energy
Redox-flow battery eliminates costly and inefficient membrane
Graphene discovery could help generate hydrogen cheaply and sustainably
Microscopic insights into electrochemical interfaces
A Second Life for Electric Car Batteries
Scientists develop a decision model for retired lithium-ion batteries
Major breakthrough in the development of electric vehicle batteries
World record: World's longest-range electric car comes from Munich
Electric car drives over 2500 kilometres on a single battery charge
New ionic materials boost hydrogen fuel cell efficiency!
Molybdenene – the "Metallic" Relative of Graphene
The researchers created the new 2D material using a microwave
More news from our other portals
Microbe of the Year 2023: Bacillus subtilis – for health and technology
Green, sweet and crisp - New apple variety Pia41 approved
The apple bred at the Julius Kühn Institute receives variety protection
Younger generation gets sick earlier and more often than older generation
Sugar: Small increase in production despite record prices
EU sugar market more than in need of reform to keep medium-sized processing companies competitive
Benchtop NMR spectroscopy can accurately analyse pyrolysis oils
How sleep deprivation can harm the brain
Sleep deprivation decreases the amount of a factor that protects neurons
A microchip for Parmigiano Reggiano cheese
New approach to testing for long Covid
Blood vessels in the eye altered with persistent coronavirus symptoms
A whole new order of bacteria could hold the key to improving biogas production
The discovery was made by researchers from Germany, Spain and the Netherlands
Cytomos welcomes new Director
£4 million investment sets path for commercialisation of groundbreaking cell analysis technology
Cells with an ear for music release insulin
Scientists use quantum device to slow down simulated chemical reaction 100 billion times
What happens in femtoseconds in nature can now be observed in milliseconds in the lab
How to inactivate common cold viruses
In the cold season, cold viruses are everywhere. But we can do something about it
Making plant-based meat more ‘meaty’ — with fermented onions
Fondant under the magnifying glass
At which age we are at our happiest
Can coffee improve memory?
How can the use of plastics in agriculture become more sustainable?
New study on plastic in our food systems