The polyurethanes, performance products, advanced materials and textile effects segments manufacture and supply organic chemicals, while the pigments segment produces inorganic chemicals.
The other two divisions in question are chemicals and a new polymers division formed by merging Bayer's existing rubber, plastics, polyurethanes, and coatings and colorants business groups.
It was Peter who began the company's major Asian expansion in 1999 to equip customers with MDI, an important precursor in the manufacture of polyurethanes--a versatile polymer.