Merck KGaA Realigns Chemicals Business Sector

21-Mar-2006

Merck KGaA announced that it has realigned its chemicals Business Sector, combining the divisions of Pigments and Life Science & Analytics (LSA), into one division to be called Performance & Life Science Chemicals. Liquid Crystals will remain a separate division within the Chemicals Business Sector. The change is effective April 1, 2006.

"In order to address the changes in the competitive environment of specialty chemicals and to strengthen our Chemicals business, we are realigning the strategy of this business sector," said Walter W. Zywottek, Merck Executive Board Member who assumed responsibility for the Chemicals Business Sector on January 1. The customer bases of Merck's Pigments and LSA divisions are moving closer together and the Pigments and LSA divisions have duplicate management structures in many regions of the world, Zywottek explained.

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