Bayer MaterialScience Singled Out for Recognizing Infinite Possibilities of Polyurethane
Oct 4, 2007
PITTSBURGH -- Since the discovery of polyurethanes by Otto Bayer in 1937, the material has been used in a number of pioneering applications in areas such as automotive, furniture, construction and many others. In recognition of their ground-breaking advances in polyurethane science, researchers from Bayer MaterialScience were presented with an Innovation Award in the polyurethane chemicals category at the Center for the Polyurethanes Industry's (CPI) Polyurethanes Conference 2007, which took place 24-26, Sept. 2007, in Orlando, Fla.
Bayer MaterialScience received the Polyurethane Chemicals Award, one of three Innovation Awards presented at the conference. Three finalists in the polyurethane chemicals category were on display during the conference. Throughout the conference, attendees had a chance to vote for the finalist they believed showed the most innovative use of polyurethane in an end-use product. Bayer's winning submission highlighted gas-phase phosgenation of TDA towards TDI, a unique process that enables significant improvements in productivity, plant safety and climate protection.
"CPI wanted to highlight the efforts and foresight of companies and individuals whose vision and perseverance have brought new products to the marketplace," said Neeva-Gayle Candelori, executive director of the CPI. "Discovering new and brilliant applications is an integral part of R&D in our industry. This year's award recognizes Bayer MaterialScience, a company that continues to chart new frontiers for polyurethane use."
Bayer MaterialScience was also singled out for its outstanding paper presentation at the conference. BMS researchers were the recipients of a Technical Paper Presentation Award in the Energy Critical Foams category for the paper Novel Natural Oil Polyols and Their Use in Rigid Polyurethane Insulating Foams.
Bayer MaterialScience LLC is one of the leading producers of polymers and high-performance plastics in North America and is part of the global Bayer MaterialScience business with nearly 14,900 employees at 30 sites around the world and 2006 sales of 10.2 billion euros from continuing operations. Our innovative developments in coatings, adhesive and sealant raw materials, polycarbonates, polyurethanes and thermoplastic urethane elastomers enhance the design and functionality of products in a wide variety of markets, including the automotive, construction, electrical and electronics, household and medical industries, and the sports and leisure fields. Our inorganic basic chemicals unit produces chlorine and related essential products for the chemicals industry. Let us give life to your vision. Bayer MaterialScience - Where VisionWorks.
Bayer Corporation, headquartered in Pittsburgh, is a subsidiary of Bayer AG, an international health care, nutrition and innovative materials group based in Leverkusen, Germany. In North America, Bayer had 2006 net sales of 7.8 billion euros and employed 17,200 at year end. Bayer's three subgroups, Bayer HealthCare, Bayer CropScience and Bayer MaterialScience, improve people's lives through a broad range of essential products that help prevent and treat diseases; protect crops and enhance yields; and advance automobile safety and durability.
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. Th ese factors include those discussed in our public reports filed with the Frankfurt Stock Exchange and 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.
