UAE: Bayer Pearl, a polyurethane systems house joint venture between Bayer MaterialScience AG and Pearl Insulation Materials Industries LLC that was established in 2007, plans a significant investment including new technology and production.
Following the relocation of the regional offices and production facilities to Dubai Investment Park, Bayer Pearl has now engaged Amana Contracting and Steel Buildings to build a new state-of-the-art facility at the Investment Park. The new facility is expected to be complete in 2015 and will feature research, development and application laboratories, advanced manufacturing technologies and a demonstration centre.
"The Middle East is one of the fastest growing economies in the world. Dubai serves as the ideal base for Bayer Pearl to further strengthen its presence in the region," said Thorsten Eschmeier, CEO of Bayer Pearl. "The site will host offices and operations and is strategically located close to Jebel Ali Port and the new Dubai World Central airport. Furthermore, the new site allows us to expand our competence in developing new applications and manufacturing processes for our materials in close collaboration with our customers."