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Bayer plans to acquire Ure-Tech Group of Taiwan
Leverkusen – Bayer MaterialScience announced in October 2006 that it plans to acquire Taiwan’s Ure-Tech Group, the largest thermoplastic polyurethane (infoTPU) producer in the Asia-Pacific region. The acquisition would make Bayer Material-Science the world’s largest supplier of products and solutions in the field of TPU resins and films. Closing of the deal is expected for the second quarter of 2007.
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