Bayer Will Extend Polycarbonate Sheet Business

Bayer MaterialScience will acquire Arkema's polycarbonate sheet business in the USA. Both companies have signed the agreement. Financial terms are not disclosed.

The acquisition will include Arkema's Tuffak line of products used in areas such as aerospace, transportation and heavy equipment.

In addition, production equipment from Arkema will be transferred to the sheet business of Bayer MaterialScience in the NAFTA region. To provide customers with a smooth transition, Arkema will continue to produce the products for several months through a tolling agreement with Bayer MaterialScience.