Advertisement
Grab your lab coat. Let's get started
Welcome!
Welcome!
Create an account below to get 6 C&EN articles per month, receive newsletters and more - all free.
It seems this is your first time logging in online. Please enter the following information to continue.
As an ACS member you automatically get access to this site. All we need is few more details to create your reading experience.
Not you? Sign in with a different account.
Not you? Sign in with a different account.
ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
Business
Bayer Hives Off Covestro Business
by Alex Scott
September 7, 2015
| A version of this story appeared in
Volume 93, Issue 35
As of Sept. 1, Bayer has legally and financially separated its MaterialScience division into a new firm named Covestro. The business will remain a Bayer subsidiary until mid-2016, when it will be floated on financial markets. Covestro, which had 2014 sales of about $14 billion, has been considerably less profitable than Bayer’s drug and agrochemical businesses in recent years. “Independence will enable us to bring our strengths to bear in global competition more quickly, effectively, and flexibly,” says Covestro CEO Patrick Thomas.
You might also like...
The power is now in your (nitrile gloved) hands
Sign up for a free account to get more articles. Or choose the ACS option that’s right for you.
Already have an ACS ID? Log in
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on Twitter