Leverkusen, Germany -- Bayer MaterialScience plans to invest Euro110 million ($149 million) to build five new downstream facilities in China by 2012, including three polyurethanes systems houses.
The plans, announced 18 Nov, are part of an ongoing process to serve the booming manufacturing sector in the country. Also included will be a new polycarbonate sheet facility and a PC colour compounding and design centre.
The three new polyurethanes systems houses are to be built in Shanghai, Qingdao and Chongqing. The company intends to build the new colour compounding and design centre in Chongqing, while the sheet facility is planned in Guangzhou, said BMS.
These projects will increase , Bayer MaterialScience's downstream presence considerably in what has become the company's second largest market worldwide. BMS will have a network covering the main geographical areas of the country. The company currently has a colour competence and development centre and a polyurethanes systems house in Guangzhou and a further systems house in Nanjing.
Peter Vanacker, head of Bayer MaterialScience's global polyurethanes business commented that, "Manufacturing activity is no longer limited to the east and south of China. Many of our customers are opening facilities in the northern and central parts of the country have asked that we continue to support them with customised solutions in these growing industrial regions."
According to the group, more than 40 percent of Bayer MaterialScience's polyurethanes business in China is currently achieved through supplying PU systems to the construction, appliance and automotive sectors.
"
