Bayer MaterialScience strengthens its BaySystems systems house business in southeast Europe by acquiring the polyurethane systems house of Neochimiki S.A. (Athens, Greece). Neochimiki, the leading trader for chemical raw materials in Greece and its PU systems house in Athens was previously known as Monochem S.A. Post acquisition, the systems house has been transferred to Bayer Hellas and integrated into the Greek BaySystems systems house. The recent acquisition underlines the company's activities in southeast European countries such as Greece, Turkey, Romania, Bulgaria, Serbia and Cyprus. The business activities of the BaySystems systems house focus primarily on rigid foams for the construction and insulation industries, and on polyurethane molded foam and systems for the footwear industry.
Two years ago, Bayer MaterialScience had already acquired the polyurethanes systems business of Dr. D. A. Delis AG, Athens, and therewith became the first large producer of polyurethanes to establish its own systems house in Greece. In addition to the Greek systems house, the network of systems houses in the Europe, Middle East, and Africa (EMEA) region of Bayer MaterialScience also includes the BaySystems houses in Germany, Denmark, the Netherlands, France, the Czech Republic, Russia, Italy, Spain, the United Arab Emirates and South Africa.
03-Apr-09 
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