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Bayer invests big in new plastics projects in China

November 17/2010

(Plastics Today) -- The chemicals and plastics supplier intends to invest ?110 million in projects designed to help increase its presence in the China's plastics industry.


The investment, slated for completion by 2012, will see Bayer Material Science build five new facilities which comprise three polyurethanes (PUR) systems houses, a new polycarbonate (PC) sheet facility and a polycarbonate color compounding and design center.


China has become Bayer Material Science's second largest market worldwide. More than 40% of the supplier's PUR sales in China are from supplying PUR systems to the construction, appliance and automotive sectors.


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