Bayer plastics unit may see turn for the better - CEO in FT
FRANKFURT Dec 3 (Reuters) - The plastics unit of German drugmaker Bayer could see higher returns on its capital in the medium term, making it an "essential part of" the diversified group, its chief executive told the Financial Times.
"My feeling is that in the next one to two years the returns on investment will hopefully get better again," Marijn Dekkers said in an interview with the newspaper published on Monday.
The markets targeted by plastics unit Bayer MaterialScience have previously been "a little less" financially attractive than those targeted by Bayer's healthcare and crop protection units, he said.
- Deadly gun attack in eastern Ukraine shakes fragile Easter truce |
- Japan expands army footprint for first time in 40 years, risks angering China
- Prosecutors extend Korea ferry captain's detention as death toll mounts |
- South Korea recovers first bodies from inside sunken ferry
- South Korea recovers first bodies from inside sunken ferry |