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BAYER CORPORATION TO CONSOLIDATE POLYESTER RESIN PRODUCTION
19 March 2002 - Bayer MaterialScience AG
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'Bayer remains committed to the polyester resins market,' said Dr. John L. Williams, President, Coatings and Colorants Division and Executive Vice President, Bayer Corporation.
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'We will continue to supply customers with these high quality resins by utilizing existing capacity at our New Martinsville, W.Va., and Columbus, Ga., plants,' he added. Bayer produces liquid polyesters used primarily in adhesives and elastomers, polyester toners for use in reprographic equipment and polyurethane pre-polymers at the Long Island facility. Bayer acquired the Hicksville plant as part of its purchase of Sybron Chemicals, Inc. in 2000. The plant currently employs 62 salaried and hourly workers. Bayer Corporation's Coatings and Colorants Division produces quality raw materials for polyurethane high-performance coatings and adhesives, as well as polyester resins for environmentally friendly powder coatings applications. The division's products find broad application in the automotive, construction, maintenance, industrial and adhesives markets.
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About: Bayer MaterialScience AG
Bayer Corporation, headquartered in Pittsburgh, is part of the worldwide Bayer Group, an international health care, nutrition and innovative materials group based in Leverkusen, Germany. Bayer employs 23,300 in North America with net North American sales of 8.8 billion euros in 2003. Bayer’s three operating business areas – HealthCare, CropScience and MaterialScience, improve people’s lives through a broad range of essential products that help diagnose and treat diseases, protect crops and advance automobile safety and durability.Bayer MaterialScience AG is one of the world's largest producers of polymers and high-performance plastics. The main customers for Its innovative developments in coatings, adhesives, insulating materials and sealants, polycarbonates and polyurethanes are the automotive and construction industries, the electrical/electronics segment and manufacturers of sports and leisure goods, packaging, and medical devices. |
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