Global market improving for Bayer MaterialScience's plastics business

11/24/2013 | Reuters

Bayer MaterialScience is enjoying growth in the global market thanks to better raw material prices and an uptick in demand, said CEO Patrick Thomas. The unit posted a 2.7% increase in adjusted core earnings for the third quarter, exceeding market expectations. Bayer MaterialScience saw increased demand for toluene diisocyanate materials, particularly from Asian manufacturers, Thomas said.

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