Bayer released on 28 February 2010 annual report: 2010 Bayer Group achieved sales of 351 million euros, the company has created the highest record in history. Particular sub-group of the recovery of materials technology faster than expected, has been restored to almost pre-crisis levels.
Chairman of the Bayer Group management Malkin ? glue stick Dykes (MarijnDekkers) Dr. optimistic about the continued development of the company and said: Bayer plans to invest large sums of money within the next three years to ensure future development. 2013, the company plans to invest about 150 billion euros for research and development, property, plant and equipment.
With the economic and financial crisis, the clouds parted, Bayer's high-tech materials business began to recover. Sales increased by 35.0% (adjusted for currency and portfolio 30.1%), reaching 10.154 billion euros (7.52 billion euros in 2009). "As the growth in demand for key customer industries, especially automotive,glue gun electrical / electronic areas and promote growth in certain areas of the construction industry needs to become a key factor in our development." Dr. Dai Kesi said. On the other hand, he explained, although the materials and technology sales overall in 2010 to return to the level before the financial crisis, but the sales price is not the case.
Since all sales of product lines and sharp rise in the region, the performance is very good and foam (PU) raw materials business increased by 27.8% (foreign exchange and portfolio adjustments.) In absolute terms, growth in Europe and the largest Asia-Pacific region. High-performance plastic (PC) sales rose by 42.9% (foreign exchange adjustments). This situation is gratifying growth in polycarbonate particles mainly due to substantial growth in sales volume and price. As sales volume increased significantly, coatings, adhesives and specialty chemical raw materials also rose by 27.2% year on year (foreign exchange adjustments.)
Marked increase in the sales of Bayer MaterialScience before excluding special items earnings before interest, taxes, depreciation and amortization (EBITDA) to achieve three times, amounting to 1.356 billion euros (446 million euros in 2009). The sub-group of its product sales also benefited from price increases, more than offset rising raw material prices due to the negative effects. In addition, efficiency also played a positive impact.