Sep. 07, 2015News & Opinions
After carving out its engineering plastics sub-group Bayer MaterialScience as Covestro on Sept. 1, Bayer is wasting no time pushing the fledgling company to stand on its own feet.
Sep. 02, 2015News & Opinions
On Sept. 1, Bayer MaterialScience (BMS) began trading as Covestro. For the present, the new standalone company will remain wholly owned by Bayer, but the parent company’s plans foresee a stock flotation by mid-2016.
Aug. 28, 2015Topics
The implementation of carbon dioxide utilization as a raw material in a circular economy and as an energy source takes shape at a fast pace. Various technologies can be used to produce gaseous and fluid fuels (e.g. methane, petrol, diesel, ...
Aug. 14, 2015News & Opinions
Patrick Thomas and Frank H. Lutz have been confirmed as CEO and CFO respectively of the Bayer engineering plastics spin-off Covestro – the new name for Bayer MaterialScience (BMS) – starting Sept. 1.
Jun. 08, 2015News & Opinions
Bayer MaterialScience (BMS), soon to be renamed Covestro, is entering what its management calls the “home stretch” of its Dream Production project, which foresees the manufacture of polyols from waste CO2.
Mar. 16, 2015News & Opinions
Effective April 1, 2015, Peter Vanacker will succeed Dr. Martin Wienkenhöver as CEO of CABB, a leading global fine chemicals manufacturer. Wienkenhöver will retire later this year after a transition period, in which he will support the ...
Feb. 27, 2015News & Opinions
The Bayer group is on track to become a pure life sciences group by mid-2016, by which time it intends to have carved out its plastics sub-group, CEO Marijn Dekkers said at the annual results press conference in Leverkusen.
Jan. 07, 2015News & Opinions
Japan's Mitsui Chemicals and Korean petrochemical producer SKC plan to merge their polyurethane production and their distribution channels in Asia, Europe and North America into a 50:50 joint venture.
Nov. 10, 2014News & Opinions
In a Manifesto on the Competitiveness of the Plastics Industry in Europe presented at a conference held in Brussels on Nov.4, the two organizations representing plastics producers and processors - Plastics Europe and European Plastics ...
Oct. 28, 2014News & Opinions
Police in Ludwigshafen, Germany, are continuing to investigate the cause of a deadly gas explosion near BASF's main production site at Ludwigshafen that killed a construction worker and injured at least four other workers seriously on ...
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