Since 1993 signed a comprehensive cooperation agreement with the Ministry of Chemical Industry, Bayer has taken decisive measures to establish a production base in China and expand its business in China. At present, Bayer has established 65,438+02 joint ventures in China, and allocated a capital expenditure budget of 600 million Domagk for these joint ventures and other projects that have reached an agreement with China. Bayer's complete product portfolio will bring its development in China. Its medium-term goal in China is to double its sales in the next 10 year, of which at least 40% comes from Bayer's local production plant in China.
Bayer's commercial activities in China are managed by Bayer China Co., Ltd. It has four liaison offices in Beijing, Shanghai, Guangzhou and Chengdu. Bayer (China) Co., Ltd., a holding company established in Beijing from 65438 to 0994, is responsible for coordinating matters related to technology transfer and market development and providing support for the establishment and operation of Bayer's joint venture company in China. Bayer currently has about 2,200 employees in China, including the joint venture company that has been put into operation at present. With the increasing number of production bases under construction, Bayer expects that the number of employees will increase significantly by the end of this century.
Bayer recently offered 300,000 marks to Tongji University for research and development, which also proved Bayer's commitment to China. Bayer's support for China chemical industry academic research institutions includes: sponsoring China Europe International Business School in Shanghai, sponsoring Chinese and foreign management training centers in Beijing, setting up scholarships in beijing university of chemical technology, and cooperating with the Hong Kong University of Science and Technology.
In Bayer's efforts to continuously expand local production capacity in China, Shanghai has become the focus of Bayer's regional investment. There, the iron oxide processing plant of Bayer Shanghai Pigment Co., Ltd. was put into operation at the beginning of 1997. Its products are not only widely used in China's construction and pigment industry, but also exported to other Asian countries. Harman and Remogos Essence Co., Ltd. became a member of Bayer through the acquisition of Florasynth. The company started its business activities in the flavor and fragrance market as early as 1983, and became a wholly-owned Bayer company in China on 1998.
Bayer established Bayer Wuxi Leather Chemical Co., Ltd. in Wuxi, located in the northwest of Shanghai 1995. The annual output of leather chemicals is about 9000 tons. At the same time, it also has Bayer's largest leather application and development laboratory in the Asia-Pacific region. In addition, Bayer also set up DyStar Wuxi Dye Co., Ltd. in the same industrial zone to produce textile dyes.
Bayer is also actively entering the life science market in China, and its largest joint venture company is Bayer Healthcare Co., Ltd., which is involved in the medical field. The company is located in Beijing, and put into production the pharmaceutical products 1997 1 1 in June. * * With 350 employees, it produces various drugs, including: Tang Ping for diabetes, Baixintong for cardiovascular diseases, and Nimotop for sensory and sexual dysfunction in the elderly.
In order to further consolidate its position in China life science market, Bayer established two joint ventures with Shanghai Chinese and Western Pharmaceutical Co., Ltd. in August, 1998.
Bayer also set foot in another area of agriculture in China. Bayer (Sichuan) Animal Health Co., Ltd. was established in Chengdu on 1997 to produce animal health products. The joint venture company has more than 20 kinds of products, which are divided into three categories: general chemical veterinary drugs, feed additives and public health products. The company plans to complete the construction of the new factory building in the middle of 2000.
The polymer field is also an area that Bayer can't ignore in China. At the end of 1996, Bayer and Beijing Guangyang Guangban Skyscreen Co., Ltd. established Baybox Panel Co., Ltd. in Beijing to produce and sell various polycarbonate panels and other products suitable for household and construction industries, and put them into production in the summer of 1998.
1 March 1999, Bayer Jinling Polyurethane Co., Ltd. (joint venture) was put into production in Nanjing, China, with an annual output of110,000 tons of combined polyether. The polyurethane produced by this factory can be widely used in automobile industry, and as thermal insulation material, it can be used in refrigeration equipment, construction industry, container and central heating pipeline insulation and other fields.
Rheinland Chemical (Qingdao) Co., Ltd. is a joint venture of Bayer in Qingdao, with an annual output of 654.38 million tons of rubber additives and lubricating oil additives.
/kloc-0 officially put into production in July, 1999. Rheinland Chemical is a wholly-owned subsidiary of Bayer.
Among Bayer 12 joint ventures, 10 has been put into production, and the new enterprise will be put into production soon. Some projects are in the planning stage, and the business is developing actively and steadily.