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Leverkusen/Baytown, September 19, 2008 - Bayer MaterialScience LLC, the North
American subsidiary of Bayer MaterialScience AG, has declared force majeure for
a large part of its production in Baytown, Texas, United States. This affects
the Polyurethanes (PUR), Coatings, Adhesives, Specialties (CAS), and
Polycarbonates (PCS) business units as well as the Inorganic Basic Chemicals
segment. The declaration applies to methylene diphenyl diisocyanate (MDI),
toluene diisocyanate (TDI), polyether polyols and related products,
hexamethylene isocyanate (HDI), isophorone diisocyanate (IPDI), modified
isocyanates, Desmodur® W and related products, Makrolon®, Bayblend® PC/ABS and
Makroblend® PC/PE within North America. Bayer MaterialScience LLC has also
declared force majeure for sodium hydroxide solution (50 percent), gaseous and
36-percent hydrochloric acid, sodium hypochlorite and sulfuric acid.
This step was taken in the wake of hurricane Ike, which damaged or destroyed
vast swathes of the infrastructure in the Houston, Texas, region at the
weekend. Railroad tracks, harbors, roads and other supply channels, as well as
some of the energy supply systems, were all affected. Although precautions were
taken in good time, so that Bayer MaterialScience's production facilities in
Baytown were virtually unaffected, the current deficiencies in the
infrastructure make it difficult, if not impossible, to supply the site with
raw materials.
At present it is impossible to foresee how long the production stoppage will
last. The company is however confident that the damage will be repaired in the
coming weeks, and that any temporary losses in sales can be made up.
About Bayer MaterialScience:
With 2007 sales of EUR 10.4 billion, Bayer MaterialScience is among the world's
largest polymer companies. Business activities are focused on the manufacture
of high-tech polymer materials and the development of innovative solutions for
products used in many areas of daily life. The main segments served are the
automotive, electrical and electronics, construction, and sports and leisure
industries. At the end of 2007, Bayer MaterialScience had 30 production sites
and employed approximately 15,400 people around the globe. Bayer
MaterialScience is a Bayer Group company.
For more information visit www.bayermaterialscience.com
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