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398 Current news of Bayerrss
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Through a business acquisition in southern Germany, Bayer MaterialScience has expanded its position on the future-oriented market for composite materials. The company on Monday concluded the takeover of Thermoplast Composite GmbH (TCG) in Langenfeld, near Nuremberg, a technology leader ...
The Supervisory Board of Bayer AG agreed to the proposal made by the Board of Management of Bayer AG to appoint Dr. Richard Pott (61) to the Supervisory Board of Bayer MaterialScience AG effective March 26, 2015. It is intended that Dr. Pott should be elected as the new Chairman of the ...
Strong business momentum continues and portfolio transformation underway
Bayer had a very successful year in 2014, both operationally and strategically. The company set new records for sales and for EBITDA before special items. “Contributing to this in particular was the continuing growth momentum in our Life Science businesses, and especially the pleasing development ...
Company invests some EUR 250 million at Dormagen site
Materials manufacturer Bayer MaterialScience has successfully concluded a major capital expenditure project in Germany. On Tuesday, the company brought an ultra-efficient and resource-conserving world-scale plant for the production of the chemical TDI, a main component in high-quality foams, on ...
Materials manufacturer Bayer MaterialScience is concentrating intently on innovation and sustainability as it prepares for its planned independence. Richard Northcote, a member of the company’s Executive Committee, said on Monday in Leverkusen that these two factors are key drivers for continued ...
Dr. Tony Van Osselaer to retire after 34 years of service
Bayer MaterialScience is getting a new head of Industrial Operations and Technology. Dr. Klaus Schäfer will assume global responsibility for this unit effective January 1, 2015. He will also become a member of the company’s highest leadership circle, the Executive Committee, at that same time. ...
Joint venture doubles production capacity for EUR 50 million
Bayer MaterialScience is now even better positioned to meed the strong global demand for a particularly temperature-resistant, high-performance plastic. An additional chemical plant for the production of a key component for the material Apec® was brought on stream in eastern Germany. The operator ...
Plan to float MaterialScience on the stock market
The Bayer Group continued its successful business development. “The strong upward trend in the Life Science businesses – HealthCare and CropScience – persisted in the third quarter. We saw robust sales growth for our recently launched pharmaceutical products and in our CropScience business in ...
Frank H. Lutz (45) has been appointed Chief Financial Officer (CFO) of Bayer MaterialScience AG effective October 1, 2014. He succeeds Dr. Axel Steiger-Bagel, who takes over on November 1 as Senior Bayer Representative for the Benelux countries, based in Diegem, near Brussels. Lutz – like his ...
MaterialScience to be floated on the stock market by 2016 at the latest
Bayer intends in the future to focus entirely on the Life Science businesses – HealthCare and CropScience – and float MaterialScience on the stock market as a separate company. In this way Bayer is positioning itself as a world-leading company in the field of human, animal and plant health. The ...