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Business
Bayer Will Construct Five Plants In China
by Michael McCoy
November 22, 2010
| A version of this story appeared in
Volume 88, Issue 47
Bayer MaterialScience will spend close to $150 million to build five downstream facilities in China by 2012. The German company will build polyurethane “systems houses” in Shanghai, Qingdao, and Chongqing. It will construct a polycarbonate color compounding plant in Chongqing and a polycarbonate sheet facility in Guangzhou. The company says more than 40% of its polyurethanes business in China is supplying formulated systems to the construction, appliance, and automotive sectors.
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