16-Dec-2004 - Bayer MaterialScience AG

Bayer MaterialScience and Teijin Chemicals sign letter of intent to supply each other with polycarbonate resins

Teijin Chemicals Ltd. and Bayer MaterialScience AG have signed a letter of intent (LOI) to supply each other with specific polycarbonate resin grades on a regional basis. This agreement will enable both companies to improve efficiency, enhance productivity and increase the availability of polycarbonate in the global market. Financial details of the agreement were not disclosed. Teijin Chemicals is producing Panlite® polycarbonate in Japan and Singapore. Bayer MaterialScience is producing Makrolon® polycarbonate in Germany, Belgium, USA and Thailand. Both companies have new polycarbonate production plants under construction in China. Initially, as part of the agreement, Bayer and Teijin have agreed to supply each other with specific types of polycarbonate resin for specific application. Teijin Chemicals is planning to start Panlite® polycarbonate production in Jiaxing city, Zhejiang District in April 2005. Bayer will start its Makrolon® polycarbonate production in the Shanghai Chemical Industry Park in mid-2006. The cooperative range can be expanded depending upon the degree of its progress.

Facts, background information, dossiers
  • Teijin Chemicals
  • Bayer
  • Teijin
  • China
  • Belgium
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

More about Teijin
  • News

    New nanotech fiber: Robust handling, shocking performance

    Rice University's latest nanotechnology breakthrough was more than 10 years in the making, but it still came with a shock. Scientists from Rice, the Dutch firm Teijin Aramid, the U.S. Air Force and Israel's Technion Institute this week unveiled a new carbon nanotube (CNT) fiber that looks a ... more

    Teijin Establishes World's First Mass Production Technologies for Carbon Fiber Reinforced Plastic

    Teijin Limited announced that it has established the world's first mass production technologies for carbon fiber reinforced plastic (CFRP), achieving a significant reduction of the cycle time required for molding automobile cabin frame to less than one minute. The breakthrough  represents a ... more

    Teijin to Enter High-Performance Polyethylene Market

    Teijin Limited announced that it will enter the high-performance polyethylene (HP-PE) market by establishing its first production facility in Emmen, the Netherlands, aiming to start commercial production in the second half of 2011. Teijin plans to grow its HP-PE business quickly through inn ... more

  • Companies

    Teijin Twaron BV

    Teijin Aramid is the name behind the world’s leading supplier of aramid. A fiber renowned for its strong but lightweight properties that has become an irreplaceable part of so many of the world’s most innovative products and businesses. Backed by the strength of Teijin Ltd, our four produc ... more

    Teijin Aramid BV

    Teijin Aramid is the name behind the world’s leading supplier of aramid. A fiber renowned for its strong but lightweight properties that has become an irreplaceable part of so many of the world’s most innovative products and businesses. Backed by the strength of Teijin Ltd, our four produc ... more

    Teijin Limited

    Based in Tokyo and Osaka, Japan, Teijin is a global technology-driven group operating in eight main fields: aramid fibers, carbon fibers, polyester fibers, plastics, films, medical & pharmaceuticals, fiber products marketing and IT businesses. Teijin Limited, the holding company for the Tei ... more