Pittsburgh, December 4, 2013 — Bayer MaterialScience is committed to the growth of the polyurethane industry in the North American and global markets. Bayer’s investment strategy for its South Charleston, W.Va., and Channelview, Texas, facilities reinforces this commitment.
Both sites produce polyether polyols – a key component in the development of polyurethanes. The market relies heavily on these sites, which are of significant size, making Bayer’s investments vital to supporting growing demand in the NAFTA market for this versatile and essential material. More specifically, investments in the Channelview, Texas, plant further build on Bayer’s market-leading IMPACT™ technology, which is based on its proprietary double metal catalyst (DMC), while taking advantage of the plant’s economies-of-scale.
These capital investments are increasing plant capacities, providing Bayer with additional volume to support growing demand around the world. The investments are an example of Bayer’s longstanding commitment to these facilities and also give Bayer the ability to participate in continued market growth.
“We strive to provide our customers and key markets with consistent high-quality products and technology they’ve come to expect from Bayer,” said Craig Caputo, Vice President – Polyurethanes Regional Product Manager, Bayer MaterialScience LLC. “Through investments and expansions, our facilities and operations continue to evolve, enabling us to remain a reliable source of market-leading polyurethane raw materials to the North American market.”
Polyurethane raw materials made at the South Charleston, W.Va., plant are utilized in automotive seating, and also serve the coatings, adhesives, sealants and elastomers markets. Increased capacity is now coming on-stream; full capacity is expected in 2014.
The flexible foam market, which includes polyurethanes for furniture and mattresses, is supplied in part by the Channelview, Texas, site. Additionally, expansions at the plant will effectively double original start-up capacity of the world’s first IMPACT™ technology plant. Upgrades to this site will take place in 2014 with full capacity available in 2015.
About Bayer MaterialScience LLC:
Bayer MaterialScience LLC is one of the leading producers of high-performance plastics in North America and is part of the global Bayer MaterialScience business with approximately 14,500 employees at 30 production sites around the world and 2012 sales of 11.5 billion euros. The company manufactures high-tech polymer materials and develops innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction, medical, security, and sports and leisure industries. Sustainability is central to Bayer MaterialScience LLC’s business and is based around the key areas of innovation, product stewardship, social responsibility and respect for the environment.
For more information about Bayer MaterialScience LLC, call 1-800-662-2927 or visit www.bmsnafta.com.
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This news release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
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Name: Bob Walker