Posts Tagged ‘ Bayer MaterialScience ’

Bayer MaterialScience is Now Covestro

Sep 1st, 2015

Effective today, Bayer MaterialScience will operate under a new name — Covestro. The producer of high-performance polymers for the construction and automotive industries is now legally and economically independent, but it will remain a subsidiary of Bayer AG. The parent company hopes to spin off Covestro by mid-2016 to concentrate exclusively on its life-sciences businesses. “Independence will enable us to bring our strengths […]

Bayer MaterialScience Pushes Further into Composite Materials With Major Acquisition

Mar 5th, 2015

Through a business acquisition in southern Germany, Bayer MaterialScience (BMS) has expanded its stake in the composite materials market. The company recently concluded the takeover of Thermoplast Composite GmbH (TCG), which specializes in the production of thermoplastic fiber composites, in Langenfeld, near Nuremburg. Production Expansion Planned BMS announced that as part of the acquisition, all […]