High tech polymer wins Global Innovation Award

High tech polymer wins Global Innovation Award
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First Published: Fri, Apr 20 2007. 09 59 AM IST
Updated: Fri, Apr 20 2007. 09 59 AM IST
New Delhi: Bayer MaterialScience AG, a Bayer group company, bagged the “Global Innovation Leader” for the development of its high-tech polycarbonate, Makrolon, by the Optical Media Global Industry Awards (OMIGA) on 18 April.
Discovered more than 50 years ago, this engineering plastic - Makrolon polycarbonate has a wide range of applications, and over the years, has been the first choice for optical data carriers such as CDs and DVDs.
Dr. Guenter Hilken, member, executive committee and head, business unit Polycarbonates of Bayer MaterialScience, received this award on behalf of the company. The award was given by Deepak Puri, CMD, Moser Baer India Ltd, representing the optical media industry and Anil Chopra , president, OMGIA and editor, ODS magazine, a niche leader in the optical media manufacturing industry.
For the laser to read the digital code of a CD properly, it is essential that the material used to make the disc is of the highest optical quality and transparency. In this regard, Makrolon is the ready material to meet all relevant requirements.
The CDs made up of this polycarbonate do not go out of shape and are unaffected by extreme temperature and humidity fluctuations.
This award can be seen as a worthy credit earned by the company for its consistency in enhancing the efficacy of the product, ensuring quality and availability to the industry.
Due to the rising demand, the group is making efforts to increase polycarbonate production around the world. At the end of 2006, they produced 1,200,000 tonnes of Makrolon a year, making it the largest polycarbonate producer worldwide.
Additional international spending will help build a network in Asia in the next few years, allowing the company to offer matchless technical service locally. The investments will be used to build additional compounding plants in China and India.
In 2006, polycarbonates sales rose above all in the Asia-Pacific and Europe region, adding another landmark in the company’s positive sales performance in the past year. As a result, today it is identified among the world’s largest polymer companies. At the end of 2006, the company had 30 production sites and employed approximately 14,900 people around the globe.
It’s business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in daily life. The main segments served are the automotive, electrical and electronics, construction and the sports and leisure industries.
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First Published: Fri, Apr 20 2007. 09 59 AM IST
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