LEVERKUSEN, Germany (June 12)—Bayer Polymers will close its toluene diisocyanate plant in Leverkusen this year and instead will concentrate on "world-scale" size plants. The Leverkusen factory has a capacity of 36,000 metric tons a year. The move, Bayer's third such disclosure in recent weeks, is "designed to improve the company's competitiveness on the international market," the firm said. In March, it dissolved its Industrias Cydsa Bayer joint venture in Mexico, and it is winding down its Bayer-Shell Isocyanates N.V. joint venture in Antwerp, Belgium, for a June 30 closing.
Bayer Polymers to close TDI plant in Germany
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