Sector News

Bayer to build new R&D facility at German site in Monheim

September 2, 2023
Energy & Chemical Value Chain

Bayer’ Crop Science division plans to invest €220 million in a new research and development (R&D) facility at its Monheim, Germany site. This is the company’s largest single investment in its crop protection business in Germany since the founding of the Monheim campus in 1979, Bayer said.

The new complex with labs, offices, and a greenhouse area will offer space for approximately 200 employees and focus “on developing the next generation of chemicals for a sustainable future and enhancing the environmental and human safety of crop protection.”

“Looking into the future, we must radically transform today’s farming systems and switch to regenerative agriculture practices that produce more with less, while restoring more. There is a high demand for pushing beyond established standards in safety to unlock breakthrough innovation and crop protection solutions with better environmental profiles,” said Robert Reiter, Head of R&D at Bayer’s Crop Science division.

The investment is also a clear commitment to Europe as a base of operations, said Bayer. Over the past three years, the company states that it has invested €180 million at its German site in Dormagen, with a focus on expanding production capacities for modern crop protection.

In addition to residue analytics and metabolism studies in target crops, rotational crops and livestock for human safety, the key focus area of the new facility will be on environmental safety, Bayer said. This includes exposure studies in different environmental compartments as well as safety studies on non-target organisms such as aquatic and soil organisms, wild birds and mammals, and pollinators like honey bees and bumble bees.

Rachel Rama, head of small molecules at Crop Science, said: “With our new disruptive innovation approach – what we call CropKey – we are now designing molecules instead of selecting them.” Data science, early safety screenings, modeling and artificial intelligence are crucial elements that enable the creation of the next generation of crop protection, taking advantage of massive amounts of data and machine learning and setting a new benchmark, Rama explained.


comments closed

Related News

July 14, 2024

Europe ethylene spot prices turn firmer on demand, feedstock, looming cracker turnarounds

Energy & Chemical Value Chain

European ethylene spot prices have firmed week on week on the back of better-than-expected demand amid higher feedstock values and an increasing focus on upcoming planned cracker maintenance outages. Spot deals this week have been reported at discounts of 32-35% on the pipeline, prior deals had been at discounts of around 38-39%.

July 14, 2024

Marcel Imwinkelried appointed new Siegfried CEO

Energy & Chemical Value Chain

He will succeed Reto Suter, who has led the Siegfried Group as CEO ad interim since the departure of Wolfgang Wienand on May 1, 2024. Suter will now focus on his role as Chief Financial Officer for Siegfried. Wienand will become CEO of Swiss competitor Lonza.

July 14, 2024

Honeywell acquires Air Products’ LNG technology, business for $1.8B

Energy & Chemical Value Chain

Honeywell Inc. (Charlotte, North Carolina) has reached agreement to acquire Air Products’ (Leigh Valley, Pennsylvania) liquefied natural gas process technology and equipment business for $1.81 billion. The deal is expected to close before the end of the year. The price represents a multiple of 13 times the unit’s estimated 2024 EBITDA.

How can we help you?

We're easy to reach