Bayer's global polycarbonate performance fell in 2

  • Detail

Bayer's global polycarbonate performance fell in 2013

the impact of supply and demand, and Bayer's PC (polycarbonate) fell 4 in 2013, which means that more one-piece machines are needed 5%。 The global sales performance of Bayer PC materials fell by 4.5% compared with last year. For this, the senior management of the company believes that it is mainly affected by the fluctuation of supply and demand. Due to weak market demand, global PC sales fell in 2013. In addition, the excess capacity of PC in Asia further depresses the market quotation. A few days ago, Bayer Group, a large global polymer manufacturer, released its financial statement of the 2013 conch profile construction project with an annual output of 40000 tons of plastic floor technology. Data showed that the overall performance of the company in 2013 was a breakthrough over the previous year, but its polymer unit performance fell unexpectedly. Marijn Dekkers, chairman of the board of directors of the company, said, "with the joint efforts of all employees, we have set a new record in Bayer's 150 year history." Marijn Dekkers said

in 2013, the company's income before interest and tax was 4.93 billion euros (4.07 billion pounds), an increase of 25.6% year-on-year; The company's profit before interest, tax, depreciation and amortization was 8.4 billion euros, an increase of 1.5% year-on-year. In addition, Bayer said that if it were not for the currency depreciation, its total income in 2013 would be higher. Affected by the fluctuation of foreign exchange rate, the company lost nearly 260million euros in 2013. Although the overall sales performance was good, Bayer polymer business in 2013 was somewhat unsatisfactory. The total sales of PC (polycarbonate) and PU (polyurethane) of the material technology business department of the company in 2013 was 11.2 billion euros, down 2.2 percentage points from 11.5 billion euros last year

"despite the difficult market environment faced by Bayer materials technology business unit in 2013, we are still confident in the future of this business unit and the overall trend of the company in 2014. In the new year, we will further optimize the portfolio of Bayer materials technology business unit and strive to maximize profits." Dekkers said at the press conference a few days ago. At present, Bayer employs 113200 employees worldwide. According to a company spokesman, Bayer's sales target for 2014 is to show a 5% performance growth. Bayer's total annual sales in 2013 was 40.2 billion euros, an increase of 1 percentage point over 39.7 billion euros in the same period last year

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

Copyright © 2011 JIN SHI