IHS Chemical Week

EnviroTech :: Innovation

Bayer Reduces Production at Its MaterialScience Unit; More Cuts Are to Come

8:34 AM MST | December 12, 2008 | Natasha Alperowicz in Leverkusen

Bayer is responding to the "considerably weaker sales and earnings" at its Bayer MaterialScience (BMS) subgroup by cutting back production in some areas with more measures to come, says Werner Wenning, Bayer chairman and CEO. Addressing the media in Leverkusen today at a 'Bayer Perspective on Innovation 2008' event, Wenning said that sales and earnings at BMS were even weaker in November than in the previous month. "We are preparing further measures next year, such as temporary shutdowns and short-time working," he says. He will announce...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa