Bayer's chemicals business to operate as'Lanxess';float planned for early 2005 at the latest

摘要

Bayer AG intends to place a large part of its chemicals business and some activities of Bayer MaterialScience in a new company named'Lanxess',which will then be floated on the stock market.Since the announcement of the portfolio changes on November 7,2003,the activities involved in creating and establishing this new company have been performed under hte provisionalproject name of'NewCo'.