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Bayer MaterialScience to Set Up Polycarbonate Sheet JV in India

1:49 AM MST | November 25, 2009 | Deepti Ramesh

Bayer MaterialScience says it has entered into an agreement with Malibu Plastica (Ahmedabad, India), a leading polycarbonate sheet producer in India, to set up a joint venture that will supply polycarbonate sheets to the Indian market. The jv will be called Bayer Malibu Polymers Private Limited and will be headquartered at Ahmedabad. With this jv, Bayer MaterialScience aims to further grow its business in India. “This partnership is going to be a growth platform for Bayer in India,” says Stephan Gerlich, managing director of Bayer in India. Bayer...

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