BNET Industries
Last Fiscal Year Sales:$35.9B
- Public
- DE
Dow Jones Description
Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. Our products and services are designed to benefit people and improve their quality of life. At the same time we want to create value through innovation, growth and improved earning power. We already successfully reorganized the Bayer Group and further streamlined our portfolio to create a new Bayer that is focused on its corporate strengths, its customers and the markets of the future. To help us achieve this goal, we then carried out a strategic realignment in order to concentrate in future on three high-potential, agile subgroups with largely independent operations: HealthCare, CropScience and MaterialScience, supported by three service companies. Our operating companies give us the access we need to the growth markets of the future. As an inventor company, we plan to continue setting trends in research-intensive areas. Innovations are the foundation for our competitiveness and our corporate growth, and thus for our success in the future. We believe our technical and commercial expertise entails a duty to contribute to sustainable development ? a principle we wholeheartedly endorse, mindful of its social, ethical and environmental elements. In awareness of our responsibilities as a corporate citizen, we define economy, ecology and social commitment as objectives of equal rank. We seek to retain society?s confidence through performance, flexibility and open communication as we work in pursuit of our overriding corporate goals: to steadily create corporate value and generate high value-added for the benefit of our stockholders, our employees and the community in every country in which we operate.
Director, Finance
Klaus KuhnNumber of Employees 122,100
Peer Companies
NAICS Code Plastics Material and Resin Manufacturing: 325211
Recent Events
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Bayer and United Nations Environment Programme Launch 19th Annual International Children's...
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Bayer Consumer Care Launches CitracalR Calcium Plus Heart Health
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German drug, chemical company Bayer's Q3 net income falls 10 per cent
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Bayer, US Onyx launch phase III trial of Nexavar in patients with non-responsive thyroid cancer
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BRIEF-Credit Suisse raises targets on European pharma cos
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Bayer accused of hiding Yaz contraceptive risk
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Bayer downgraded to neutral from buy at UBS
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Abbott Laboratories to acquire Solvay Pharmaceuticals
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Bayer's contested kidney cancer drug shows benefit
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Bayer names new CEO
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Bayer Introduces CONTOUR USB - The First Blood Glucose Meter With Unique Plug & Play...
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Bayer's next CEO has a year to prepare Today
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Bayer AG tabs outsider as CEO's successor
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Bayer Unveils Management Shuffle
News & Analysis
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asset based security and bayer ag - All News and Analysis
PC/ABS blend is halogen-free.(KEEPING UP WITH Materials)
- 2005-10-01
A new halogen-free PC/ABS from Bayer MaterialSeience, Pittsburgh, meets UL 94V-0 at 1.5 mm thickness. Bayblend FR 3000BBS081 is a non-reinforced grade that produces no mold plate-out and no more out-gassing than a non-FR PC/ABS, says Bayer. The mater A new halogen-free PC/ABS from Bayer MaterialSeience,...
Spray polyurethane: Bayer Materialscience.(Formulated Adhesives)(Brief Article)
- 2004-12-01
The Baytec[R] RS system is a multi-layer polyurethane technology designed for reinforcing acrylic and ABS parts in applications ranging from spas to bathtubs to architectural parts such as garage doors. The system uses open-mold processing and provid The Baytec[R] RS system is a multi-layer polyurethane technology...
Benzene spurs PC, ABS hikes.(News)(polycarbonate)(GE Advanced Materials)
- 2004-08-30
Byline: Frank Esposito Major price increases have hit North American markets for polycarbonate and ABS resin since late July, mainly as a result of higher costs for benzene. PC prices have jumped 23 cents per pound, while ABS prices have soared...
Styrenics will be in spotlight as Lanxess splits from Bayer.(News)(Lanxess Corp.)(Bayer Corp.)
- 2004-05-17
Byline: Frank Esposito Randy Dearth has July 1 circled on his calendar. That's when Lanxess Corp. will take its first step outside of Bayer Corp. Pittsburgh-based Bayer is spinning off its chemical business and part of its polymers business into Byline:...
Bayer plans to spin off businesses.
- 2003-11-10
Byline: Frank Esposito In a major departure from its history, Bayer AG plans to spin off its chemical business and part of its polymers business as a separate, publicly held company by early 2005. The move will split Bayer's ABS, nylon and...
Bayer to cut back ABS staff, compounding.
- 2000-06-05
Challenging business conditions are leading Bayer Corp. to eliminate 200 jobs at its ABS plant in Addyston, Ohio, by late 2002. "The ABS business has been challenging for everyone," said Jerry MacCleary, vice president of styrenics for Pi Challenging business conditions are leading Bayer...
Prices Rise for ABS and Other Styrenic Resins.
- 1999-09-27
Producers attribute the increases to higher costs for essential raw materials. PRODUCERS OF acrylonitrile styrene butadiene ABS and other styrene resins are making their first attempt to raise prices in more than two years. They are trying ...
SOLO PU, PLASTICS UNITS GROWING AT BAYER.
- 1999-05-17
PITTSBURGH -- Polyurethanes now are traveling a separate path from other plastics at Bayer Corp. of Pittsburgh, but company officials believe each unit has what it takes to exceed expectations in 1999. The units had been combined in the firm's poly PITTSBURGH -- Polyurethanes...
ABS Makers Launch Aggressive Programs To Boost US Demand.(Industry Overview)
- 1999-02-08
ACRYLONITRILE-BUTADIENE-STYRENE ABS resin producers are encouraged by the market's growth in 1998, its most robust gain in several years. The three major US players, GE Plastics, Dow Chemical Company and Bayer Corporation, are approaching the mar ACRYLONITRILE-BUTADIENE-STYRENE ABS resin producers are encouraged by...
WORLDWIDE ABS EXPANSION FOR BAYER.
- 1998-08-01
Bayer is investing DM 250 million worldwide to strengthen its ABS business, by 100 000 tonnes to 850 000 tonnes/year -- and is looking for worldwide price increases, across the range of its engineering plastics. Bayer is investing DM 250 million worldwide to strengthen its...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Klaus Kuhn | Director, Finance |
| Richard Pott | Director, Strategy and Human Resources |
| Wolfgang Plischke | Director, Innovation, Technology and Environment |
| Hartmut Klusik | Head, Product Supply |
| Gary S Balkema | Executive Committee Member |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Arthur J Higgins | Chairman, HealthCare |
| Werner Wenning | Executive Chairman |
| Klaus Kleinfeld | Board of Directors |
| Paul Achleitner | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Director, Finance | Current |
| University of South Carolina | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Director, Strategy and Human Resources | Current |
| University of Cologne | doctorate in physics | Former |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Director, Innovation, Technology and Environment | Current |
| Bayer HealthCare AG | Manager | Current |
| Bayer HealthCare AG | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Head, Product Supply | Current |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Chairman, HealthCare | Current |
| Enzon Pharmaceuticals, Inc. | CEO | Former |
| Pharmaceutical Research and Manufacturers of America | member | Former |
| Bayer HealthCare, Animal Health Division | Chairman | Former |
| Enzon Pharmaceuticals, Inc. | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Executive Chairman | Current |
| Henkel AG & Co. KGaA | Supervisory Board | Current |
Klaus Kleinfeld is president and chief executive officer of Alcoa. He joined the company in 2007 as president and chief operating officer and seven months later assumed CEO responsibilities. He has served on Alcoa's board of directors since 2003. Alcoa is a world leader in the production and management of a very sustainable product: aluminum. Nearly 75% of the aluminum ever produced since 1888 is still in use today. The company has been a technology leader since its beginning, providing more than 90% of the aluminum alloys used in aircraft and space flight; helping making automobiles lighter, without compromising safety or performance; manufacturing sheet that created the ultimate recyclable container, the aluminum beverage can; and providing building and construction industry materials that help further the green building movement. In addition, to serving customers in these markets, Alcoa also markets wheels, fastening systems, precision and investment castings, and building systems. The company has 97,000 employees in 34 countries. Before coming to Alcoa, Mr. Kleinfeld had a 20-year career with Siemens, the global electronics and industrial conglomerate, based in the U.S. and Germany, where he served as chief executive officer of Siemens AG starting in 2005. During his tenure, Mr. Kleinfeld presided over a dramatic transformation of the company, reshaping the company's portfolio around three high growth areas, resulting in increase of revenues and market capitalization nearly doubled. Prior to his service on the Managing Board of Siemens AG, Mr. Kleinfeld was President and Chief Executive Officer of Siemens Corporation, its U.S. arm and the company's largest region. In addition to serving on Alcoa's board, he is a member of the board of Bayer AG. On the personal front, Mr. Kleinfeld was born in Bremen, Germany and educated at the University of Goettingen and University of Wuerzburg, both in Germany. He holds a Ph.D in strategic management and master's degree in business administration. In his leisure time, he enjoys skiing, tennis, the arts and is a marathon runner. Mr. Kleinfeld resides in New York with his wife and children.
| Organization | Position | Status |
|---|---|---|
| Alcoa, Inc. | President & Chief Executive Officer | Current |
| Bayer AG | Board of Directors | Current |
| Alcoa, Inc. | Board of Directors | Current |
| Siemens AG | President & CEO | Former |
| Siemens Corporation | Chief Executive Officer | Former |
| Alcoa, Inc. | Chief Operating Officer | Former |
| Siemens Corporation | Chief Operating Officer | Former |
| Siemens AG | Chief Operations Officer, U.S. | Former |
| Siemens AG | Executive Vice President | Former |
| Siemens AG | Audit Committee Principal | Former |
| Citigroup Inc. | Board of Directors | Former |
| Siemens AG | Board of Directors | Former |
| Siemens Corporation | member | Former |
| Organization | Position | Status |
|---|---|---|
| Allianz SE | Executive Director, Finance | Current |
| Bayer AG | Board of Directors | Current |
| Goldman, Sachs & Co. | Vice President, Mergers & Acquisitions | Former |
| Bain & Company | Manager, Strategy Consulting | Former |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Executive Committee Member | Current |
| Bayer HealthCare, Animal Health Division | President, Worldwide Bayer Consumer Care Division | Former |
| Fairleigh Dickinson University | master of business administration degree | Former |
Executive News
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Report from Europe: U.S. Close vs. China Rebound
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Alcoa Named Component of Dow Jones Sustainability Index for Eighth Consecutive Year
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Alcoa says global aluminium demand to fall 5.5 pct -Bloomberg
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Siemens To Settle Bribery Charges with Three Former Execs
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Siemens poised to settle with ex-managers
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UPDATE 1-Siemens poised to settle with ex-managers
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UPDATE 1-Siemens poised to settle with ex-managers
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Bayer AG (BAY.F) May Be Ready for Deals After Lost Intervet Bid
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Inventories May Temper Aluminum Rally
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