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Focusing on expansion

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Bayer plans to invest roughly EUR 100 million at its Brazilian sites through the end of 2009. The announced investment program will focus on Belford Roxo, where EUR 40 million will be spent on modernization and technical upgrading of the production facilities for plastics precursors and crop protection products, as well as on infrastructure projects. In addition, partner companies have announced that they will invest a further EUR 55 million at the Bayer industrial park in Belford Roxo. The projects to be implemented by Bayer and its partners will create 800 new jobs in the Belford Roxo area in addition to the current 2,000 positions at this location. A further amount of roughly EUR 60 million is to be invested at the other Bayer sites in Brazil.
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