18 September 2014
ABOUT BAYER MATERIALSCIENCES
READ MORE ABOUT BAYER MATERIALSCIENCE
Details
intends in the future to focus entirely on the
Life Science businesses – HealthCare and CropScience –
and float MaterialScience on the stock market
as a separate company.
The Life Sciences currently already account for
* about 70 percent of Bayer's sales and
* 88 percent of EBITDA before special items.
The companies of the future Bayer Group had
pro forma sales of approx. EUR 29 billion in 2013.
They will employ nearly 99,000 people,
including about 29,500 in Germany.
Corporate headquarters will remain in Leverkusen.
MaterialScience will be
Europe's fourth-largest chemical company;
it had global sales in 2013 of more than
EUR 11 billion (pro forma figure).
The new company is planned to
have a global workforce of roughly 16,800,
including about 6,500 in Germany.
It will have a new name and a separate identity and
be headquartered in Leverkusen.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
