28.10.2010 • News

SABIC Would Look at Bayer Polyurethane Opportunities

Saudi Arabia's SABICabic would consider buying Bayer's polyurethane business, Sabic's chief executive told a German weekly.

"If Bayer approached us, we would certainly take a look," Mohamed Al-Mady was quoted as saying by Die Zeit on Wednesday.

Bayer's MaterialScience business is the world's largest maker of chemicals for insulation foam and plastics used for data disks and car lights.

Bayer Chief Executive Marijn Dekkers has indicated there were currently no plans to divest the division.

Al-Mady was quoted by Die Zeit as saying SABIC would only be interested in the polyurethane business of MaterialScience because of anti-trust concerns.

Interview

Driving Sustainability Through Collaboration
Building Green Practices Across the Chemical Supply Chain

Driving Sustainability Through Collaboration

Together for Sustainability (TfS) is a pioneering, member-led initiative working to accelerate sustainable and resilient chemical supply chains. TfS President Jennifer Jewson discusses the origins of TfS, its evolving goals, its present-day challenges, and the initiative’s enduring impact and outlook for the future.

Special Issue

Circular Plastics Economy
Explore the Future of Plastics

Circular Plastics Economy

This special CHEManager issue explores the industry’s pivotal shift towards a more sustainable, circular plastics value chain. Readers will find expert analysis and real-world solutions for today’s most pressing recycling and regulatory challenges.

Top-Feature

most read