Bayer investment in Eastern Germany

Abstract

The expansion of Bayer's new production site at Bitterfeld is continuing apace. Just three months after federal chancellor Dr Helmut Kohl and the chairman of the Board of Management of Bayer AG Dr Manfred Schneider started up the first production plant with the symbolic press of a button, the new coating resins plant of Bayer Bitterfeld GmbH was the second project to come on stream at a recent opening ceremony. Wilhelm Held, general manager of the Coating Raw Materials and Speciality Products Business Group, explained the choice of location for the new plant in his opening address: “We chose Bitterfeld for political reasons. We want this project to be a positive symbol for eastern Germany, a symbol of reconstruction — especially in this traditional chemical manufacturing area — through the creation of modern jobs for skilled personnel. The expectation is that other investors will follow suit.”

Citation

Savage, T. (1995), "Bayer investment in Eastern Germany", Pigment & Resin Technology, Vol. 24 No. 1, pp. 13-14. https://doi.org/10.1108/eb043130