Bayer: Higher share of Makroform joint-venture
Bayer has bought the 45.5 per cent in the Makroform joint venture held by Röhm. The two companies extended their joint venture operation to a full merger of the businesses in 2000. Taking over the whole business gives Bayer a stronger position in the polycarbonate sheet market.
The Makroform group also includes former Bayer affiliates Axxis of Belgium and Carbolux of Italy, which have been trading under the Makroform name. The three production sites in Belgium, Italy and Germany were realigned last year to focus product ranges during a programme of plant investment.