Bayer MaterialScience Bayer MaterialScience

Contact Search Sitemap
Home Products Industries & Applications Our Businesses Processing/Design News & Events Resources
Bayer Links



For Immediate Release

Bayer MaterialScience LLC To Acquire Tuffak® Polycarbonate Sheet Business


Acquisition to strengthen polycarbonate sheet offering by providing customers with a wider range of high-quality, industry-leading product options


April 12, 2012

Pittsburgh, April 12, 2012 — Bayer MaterialScience LLC today announced plans to acquire the polycarbonate sheet business of Arkema, Inc.1, which includes the company's Tuffak® line of products used in such markets as aerospace, transportation and heavy equipment.

Financial terms of the acquisition are not being disclosed.

In addition to the Tuffak line of sheet products, the acquisition includes production equipment that will be transferred to Bayer MaterialScience LLC's sheet business in the NAFTA region. In an effort to provide customers with a smooth transition to Bayer MaterialScience, Arkema, Inc. will continue to produce the products for several months through a tolling agreement with Bayer MaterialScience.

"The addition of the well-known Tuffak business will further strengthen our quality leadership position in the growing North American polycarbonate sheet market," said Thomas Karl Kastner, global head of Bayer MaterialScience's sheet business. "We plan to quickly integrate the Arkema, Inc. sheet business into our portfolio in order to provide our customers with an enhanced portfolio of industry-leading polycarbonate sheet products. This acquisition will support our strategic initiative to establish polycarbonate sheet as the product of choice in the security glazing, mass transportation and signage markets."

For more than 60 years, Bayer MaterialScience has maintained a leadership position in innovation and quality production of extruded thermoplastic sheet products. Bayer MaterialScience offers a broad range of Makrolon® polycarbonate sheet products for a variety of markets, including architectural, security, transportation, industrial, sign and recreational.

"Bayer MaterialScience continues to expand its polycarbonate sheet portfolio through focused development efforts," said Dennis Duff, managing director of Bayer MaterialScience's sheet business in the NAFTA region. "With access to some of the world's leading experts in polymer technology and applications, our market-driven innovations have positioned this segment for sustainable future growth."

About Bayer MaterialScience LLC:
Bayer MaterialScience LLC, headquartered in Pittsburgh, is one of the leading producers of polymers and high-performance plastics in North America and is part of the global Bayer MaterialScience business with approximately 14,800 employees at 30 production sites around the world and 2011 sales of 10.8 billion euros. Bayer MaterialScience's 2011 sales in North America were $2.9 billion. The company manufactures high-tech polymer materials and develops innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction, medical, and sports and leisure industries. Sustainability is central to Bayer MaterialScience LLC's business and is based around the key areas of innovation, product stewardship, excellence in corporate management, social responsibility and respect for the environment.

For more information about Bayer MaterialScience LLC, call 1-800-662-2927 or visit www.bmsnafta.com.

1 Arkema, Inc. is the U.S. subsidiary of French company Arkema Group.

# # #

This website may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.


Media Contact(s)
Name: Bryan Iams
Phone: 412-777-5200
Company: Bayer MaterialScience
Email: bryan.iams@bayer.com








Site Map