Billions invested in growth market
Gateway to the World, Paris of the East, Pearl of the Orient... Shanghai is a city with many names and a long tradition. Once a small fishing village, it is now the most important industrial city in China. In this emerging country, there is a strong demand for products in various industries, including the construction, automotive and electronics industries, all core segments of Bayer MaterialScience.
Bayer employee Gary Xi at the polycarbonate production plant in Shanghai.
The company is investing continuously in the Bayer Integrated Site Shanghai, with an additional EUR 1 billion scheduled to flow into the expansion of facilities there over the next few years. Nowhere else outside Germany is Bayer MaterialScience investing more.
In detail, capacities for the polyurethane raw material MDI are to be more than doubled to one million tons per year, while those for high-performance polycarbonates are scheduled to be increased to 500,000 tons per year. In addition, capacities for the coating raw material HDI are to be expanded to 80,000 tons per year.
Employees are particularly proud of a plant for the production of TDI, used to make such products as flexible foams for mattresses and upholstered furniture. With a production capacity of 250,000 tons, this plant features new eco-friendly technology developed by Bayer.
The site was built on a former rice field a few years ago. But Bayer and China share a tradition going back much farther, to the year 1882, when the company began marketing dyes in the “Middle Kingdom.” Today, China is Bayer’s largest market in Asia.
Shanghai has a lot more to offer besides chemistry, however. Historical buildings nestled between towering skyscrapers – the city of millions on China's east coast is full of contradictions and a number of record-breaking attractions. You can take a drive across the spectacular Nanpu Bridge, the world’s longest suspension bridge with a total length of more than 8,000 meters, or tour the world’s largest port, to name just two examples.