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Bayer Reorganizes Global Business, Sells Organic Pigment Business

As part of a global business reorganization by Germany-based Bayer AG, its US subsidiary, Pittsburgh-based Bayer Corp., now is made up of five separate business units: Bayer Chemicals; Bayer CropSciences; Bayer HealthCare; Bayer Polymers; and Bayer Corporate Business Services (BCBS).

Except for minor procedural changes, the company's Strategic Sourcing process will continue. "This process emphasizes the bundling, leveraging and standardization of the procurement requirements across all our businesses," said Robert A. Rudzki, senior vice president, materials management, and chief procurement officer, NAFTA region.

In other news, Bayer Corp. has sold Bayer Polymers LLCs high-performance organic pigment business to Northlake, Ill.-based Sun Chemical Corp. for an undisclosed sum. The transaction includes Bayer's high-performance organic pigment manufacturing and wastewater treatment facilities in Bushy Park, S.C. Products include Indofast® carbazole violet, Perrindo® perylene, Quindo® quinacridone and Palomar® pthalocyanine pigments used in fabric, fiber and plastics coloring; as well as automotive coatings, and industrial and architectural coatings. Approximately 140 Bayer employees will now be employed by Sun Chemicals Performance Pigments Group.

Bayer will continue to produce organic pigments in Mexico and Germany. In addition, it will continue to manufacture and market other colorants including Macrolex® dyes, Pigment Yellow 150 and Bayferrox® iron oxide pigments.

March 2003