UK: Former Bayer site now Briar Chemicals ltd
As of September 1, 2012 the new Briar Chemicals Ltd. will focus on extending its product portfolio and expanding contract production for third-party customers. Investment in a wastewater treatment plant and a multi-production facility will assure the long-term viability of Briar Chemicals and its approx. 250 jobs. The Group anticipates that the expanded sales capability of its other specialty chemical subsidiaries ISOCHEM and CalaChem will enable it to grow faster than the market in the specialty chemical industry. "This new autonomy is an outstanding opportunity for us to offer development services and production of high-value chemicals to other customers as well," said Gerhard Engleder, responsible for the investment in Briar Chemicals.
The divestment of the production site in Norwich is part of Bayer CropScience's global consolidation of crop protection product manufacturing. As an independent company, Briar Chemicals will be in an even better position to develop its business activities. Bayer AG has confirmed that it will continue to work closely with Briar Chemicals in the coming years, so that production capacity utilization will remain at a high level. For the 250 employees, this means a good outlook for the future, and their health and safety will remain a top priority. "The site in Norwich is in outstanding technical condition and a leader in its field," noted Dr. Markus. "We are delighted that with Bayer CropScience another well-known company has decided to sell part of its manufacturing activities to AURELIUS."
Source: 4-traders.com
