Bayer to invest in PC plant in Japan

25-Nov-05
With plans to invest US$152.4 mln in Japan by 2008, Bayer AG is mulling mergers and acquisitions in the country. The plans include building plants for polycarbonate. Japan is the third-largest market for Bayer after Germany and the United States, making up over 6% of the company's global sales in 2004, but it is close to being unseated by China. Sales from the Greater China region that includes Taiwan and Hong Kong represented about 5% of Bayer's global sales in 2004. Exports to China is a focus of the company's growth strategy.
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