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Leverkusen,
Midland 27 November, 2007
Bayer Antwerp Comm.V. and The Dow Chemical Company (NYSE: Dow) have completed a license agreement that allows Dow to produce polyether polyols using Bayer's patented IMPACT technology. Financial terms regarding cost of the license have not been disclosed.
IMPACT technology, a new technology in the global phase of market introduction, incorporates an advantageous process for polyoxyalkylation, which uses a special Double Metal Cyanide (DMC) as a catalyst. This technology enhances the consistency of polyether polyols and provides waste reduction advantages in the manufacturing process.
The license agreement also grants Dow the right to use a continuous process to produce long-chain polyether polyols, which are used as base products for flexible polyurethane slab stock foams. Dow expects to utilize this technology in the future as conversion of production units permits and will ensure a smooth integration of the new products into the existing portfolio in close cooperation with its customers.
A world scale Dow production facility based on this technology is being evaluated for start up in 2010. Prior to this, Dow expects to have pre-marketing volumes of these products available.
About Dow
More information about Dow is available on the Internet at www.dow.com
About Bayer
Further information on Bayer MaterialScience is available on the Internet at www.bayermaterialscience.com
Bayer AG Headquarters
51368 Leverkusen
Tel: ++49 (0) 214 / 30 -1
Website: www.bayer.com
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