Environmental protection a highlight of Bayer
Located in the Shanghai Chemical Industry Park, about 50 km from Shanghai city center, the Bayer integrated site is under operation. Developed by Bayer MaterialScience, the manufacturing facility is its largest investment outside Germany.
The site of Bayer MaterialScience, one sub group under the chemical and pharmaceutical company Bayer, consists mainly of facilities to manufacture polycarbonate, polyurethane raw materials and coating raw materials. Total investment planned for the site up until 2012 amounts to 2.1 billion euros ($2.8 billion), among which 700 million euros ($943 million) are scheduled for the period from 2009 until 2012.
This month Bayer MaterialScience successfully started production at its new 350,000-ton-per-year MDI complex at the site, which is the largest MDI facility of its kind in the world. The company has also broken ground for a 250,000-ton-per-year TDI plant at the site, which is scheduled to come on stream in 2010.