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01. November 2006

UNITED ARAB EMIRATES: Polyurethane joint venture to be set up in Dubai

Source: Daily "Gulf News", Dubai; 1 Nov 2006

Bayer MaterialScience and Dubai-based Pearl
Insulation Materials Industries, are establishing a
polyurethane systems house joint venture in Dubai.

Both companies believe this step will enable them to
play a significant role in the future growth in the
Middle East.

It also enables Bayer MaterialScience to continue the
systematic expansion of its global BaySystems network
of systems houses.

Under the strategic leadership of Bayer
MaterialScience the joint venture will be integrated
into this network under the name BaySystems Pearl.

(Syed Rashid Ali, Karachi, Pakistan)

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