Bayer MaterialScience invests in technical center

Jane Denny
URETHANES TECHNOLOGY INTERNATIONAL

Published: November 26, 2013 12:00 pm ET
Updated: November 26, 2013 12:06 pm ET

Image By: Bayer MaterialScience Patrick Thomas, CEO of Bayer MaterialScience

Related to this story

Topics Materials Materials Suppliers
Companies & Associations Bayer MaterialScience LLC

LEVERKUSEN, GERMANY ‒ Bayer MaterialScience AG has unveiled its new premium foams technical center and commissioned a production plant for coating raw materials.

The new facilities have a combined cost of more than 45 million euros ($60.8 million).

Patrick Thomas, CEO of Bayer MaterialScience said: "This allows us to supply key industries more precisely and with higher volumes of exactly the products they need.

"The company is expanding its competence in developing new applications and manufacturing processes for its materials in close collaboration with customers."

Bayer MaterialScience has invested more than 10 million euros in the test center and the company expects the global polyurethane market to continue growing at an average annual rate of about 5 percent.

Bayer MaterialScience is expanding its production capacity for the precursors HDI (Hexamethylene diisocyanate) and IPDI (Isophorone diisocyanat) – both organic compounds in the isocyanates class that are used for polyurethane coatings.

The company has invested a year and a half and 35 million euros in the construction of the multipurpose plant in Leverkusen that can produce either of the raw materials depending on demand.


Comments

Bayer MaterialScience invests in technical center

Jane Denny
URETHANES TECHNOLOGY INTERNATIONAL

Published: November 26, 2013 12:00 pm ET
Updated: November 26, 2013 12:06 pm ET

Post Your Comments


Back to story


More stories

Image

Dow Chemical sees potential for PE growth in packaging

March 30, 2015 1:17 pm ET

The packaging market continues to provide growth for the polyethylene business of Dow Chemical Co. — which is a good thing, since the firm will ...    More

Image

TPUs finding applications in drug-delivery applications

March 30, 2015 12:56 pm ET

Lubrizol Corp. is sending its thermoplastic polyurethane products into medical products, foam and film.    More

Image

Production begins at Sipchem's new EVA, LDPE plant

March 30, 2015 10:36 am ET

A unit of Saudi International Petrochemical Co. (Sipchem) will start commercial operations at its ethylene-vinyl acetate (EVA) and low density...    More

Image

Dow Chemical to merge chlorine operations with Olin

March 27, 2015 12:43 pm ET

Dow Chemical Co. is combining a large part of its chlorine value chain with specialty chemicals and ammunition maker Olin Corp. to create a global...    More

Image

Eastman Chemical expanding Tritan co-polyester capacity

March 27, 2015 10:00 am ET

Eastman Chemical Co.'s Tritan-brand co-polyester business continues to grow, with 35 million pounds of capacity added late last year and a second plan...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events