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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

... Reduces BMS Output; More Cuts to Come

10:16 AM MST | December 22, 2008 | Natasha Alperowicz in Leverkusen

Bayer is responding to “considerably weaker sales and earnings” at its Bayer MaterialScience (BMS) subgroup by cutting back production in some areas, says Werner Wenning, Bayer chairman and CEO. More cutbacks are to come, he adds. BMS sales and...

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