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Bayer may sell plastics unit to focus on health

from Fox Business

German drugmaker Bayer AG is exploring the sale of its $10 billion plastics unit to focus on growing its health business, Bloomberg reported citing people with knowledge of the matter. Polycarbonates, the type of transparent plastic that is Bayer's specialty, are in ample global supply after lower-cost rivals in the Middle East, mainly Sabic, built new sites. more


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