Bayer MaterialScience AG · Leverkusen Germany
Company Description
Phone: +49-214-30-1
Fax: +49-214-30-388-10
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Bayer MaterialScience's parent company, the Bayer Group , may no longer get most of its money from chemicals and plastics but the unit's share isn't exactly immaterial. Though MaterialScience now ranks behind the health care division of the German conglomerate, with 120 sites throughout the world it still accounts for more than a third of Bayer's annual sales. MaterialScience makes raw materials for adhesives and coatings; it also manufactures plastics, films, and resins. Its products are marketed to the automotive, construction, footwear, sports, and textiles industries, among others. To read the full description, subscribe now.
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Key Bayer MaterialScience AG Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $9,700.0 |
| Employees | 15,100 |
Bayer MaterialScience AG Executives
8 executives listed for Bayer MaterialScience AG's Leverkusen, location.
| Title | Name & Bio | Contact |
| CEO and Member Executive Committee | Patrick Thomas | Network |
| Industrial Operations Labor Director; Member Executive Committee; Member Board of Management | Tony Van Osselaer | Network |
| Chief Administrative Officer; Member Executive Committee; Member Board Management | Axel Steiger-Bagel | Network |
Competition
Competitive Landscape for Bayer MaterialScience AG
Because plastic products are widely used in industry and as consumer products, demand depends on the health of the US economy. The profitability of individual companies depends on product mix and production efficiency. Large companies have economies of scale in buying raw materials and in manufacturing commodity products such as bottles and plastic film. Small companies can compete effectively by specializing. The industry is labor-intensive: annual revenue per worker is about $220,000. To read the full description, subscribe now.Top Bayer MaterialScience AG Competitors
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