Bayer MaterialScience will acquire Taiwan's Ure-Tech Group, said to be the largest thermoplastic polyurethane producer in the Asia Pacific region.

Bayer MaterialScience Bayer MaterialScience (BMS) is an independent subgroup within Bayer AG. It was created as part of the restructuring of Bayer AG from the former business group Bayer Polymers, with certain of its activities being spun off to Lanxess AG. will acquire Taiwan's Ure-Tech Group, said to be the largest thermoplastic A polymer material that turns to liquid when heated and becomes solid when cooled. There are more than 40 types of thermoplastics, including acrylic, polypropylene, polycarbonate and polyethylene. polyurethane producer in the Asia Pacific region. With this acquisition, the Germany-based company is said to become the world's largest supplier and solutions provider of TPU TPU - Text Processing Utility resins and films.

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Title Annotation:	Acquisitions, expansions
Publication:	Rubber World
Date:	Nov 1, 2006
Words:	42
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Topics:	Plastics industry Mergers, acquisitions and divestments

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