In a decision to carry out independent development of polycarbonate automotive glazing, Bayer AG plans to transfer its share in EXATEC.
EXATEC was founded in 1998 as a 50-50 joint venture between Bayer and GE with the aim of developing technologies to produce automotive glazing systems from polycarbonate. Bayer MaterialScience AG will transfer its 50% shareholding in EXATEC to partner GE Plastics.
Tuesday, September 04, 2007
Bayer MaterialScience to transfer 50% share in EXATEC
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