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Posted: December 14, 2007
New Distribution Partner for BayTubes: Bayer MaterialScience Cooperates with Brenntag Schweizerhall AG
(Nanowerk News) Bayer MaterialScience AG (BMS) has entered
a distribution agreement for its carbon nanotubes, BayTubes®, with Brenntag
Schweizerhall AG. BMS is a world-leading manufacturer of carbon nanotubes
(CNT) and is seeking strategic cooperation partners to foster the
development of industrial applications.
"For us it was crucial that Brenntag Schweizerhall AG possesses a strong
position in the Swiss markets that are important for Bayer
MaterialScience," declared Martin Schmid, head of the global BayTubes®
business at Bayer MaterialScience, at the signing of the agreement.
"Adding BayTubes®, the carbon nanotubes of Bayer MaterialScience AG, to our
product portfolio is an important element of our future strategic
orientation in the field of specialty chemicals," says graduate engineer
Ulf De la Vigne, head of Business Development at Brenntag Schweizerhall AG.
He adds, "It is our goal to expand our core business and generate
significant growth with high-tech products, especially in the field of
nanotechnology, and build a long-term know-how for us in this area. When
Brenntag Schweizerhall AG selects its strategic partners and products, a
number of factors come into play. In addition to the economical and
technological side, the central aspect is product philosophy - customer
benefit, applicability, and environmental compatibility. BayTubes® from
Bayer MaterialScience fulfill these requirements perfectly."
The distribution cooperation also includes the global marketing of carbon
nanotubes through key accounts of Brenntag Schweizerhall AG worldwide.
Bayer MaterialScience currently has a production capacity of 60 metric tons
BayTubes® at the manufacturing site of H. C. Starck GmbH in Laufenburg in
Germany’s southern Baden region. In the medium to long term, Bayer
MaterialScience plans to erect a large-scale production facility in Germany
with an annual capacity of 3,000 metric tons.
About Bayer MaterialScience:
With 2006 sales of EUR 10.2 billion (continuing operations), Bayer
MaterialScience is among the world’s largest polymer companies. Business
activities are focused on the manufacture of high-tech polymer materials
and the development of innovative solutions for products used in many areas
of daily life. The main segments served are the automotive, electrical and
electronics, construction and sports and leisure industries. Bayer
MaterialScience has 30 production sites around the globe and employed
approximately 14,900 people at the end of 2006. Bayer MaterialScience is a
Bayer Group company.
In 2006, Brenntag, which operates more than 300 locations worldwide and
employs more than 10,000 people, recorded sales of EUR 6.1 billion (US$ 7.6
The company is providing comprehensive value-added services and global
supply chain management to its customers and suppliers from a single
source, which makes Brenntag one of the world’s leading chemical
distributors. Brenntag also offers its suppliers in Europe and the Americas
a highly developed and extensive distribution network for industrial and
This news release contains forward-looking statements based on current
assumptions and forecasts made by Bayer Group management. Various known and
unknown risks, uncertainties and other factors could lead to material
differences between the actual future results, financial situation,
development or performance of the company and the estimates given here.
These factors include those discussed in our annual and interim reports to
the Frankfurt Stock Exchange and in our reports filed with the U.S.
Securities and Exchange Commission (including our Form 20-F). The company
assumes no liability whatsoever to update these forward-looking statements
or to conform them to future events or developments.