Bayer Raises Profit Outlook on Chemicals, Crops Rebound

JOHANNES KOCH | May 2, 2017

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Bayer AG raised its outlook for the year, citing a rebound in chemicals and crop products, as management works to sew up its $66 billion takeover of agriculture giant Monsanto Co.Earnings before special items will likely rise by a percentage in the low teens and sales will grow to a record 51 billion euros ($55.6 billion) this year, the Leverkusen, Germany-based company said in a statement on Thursday. Covestro, the chemicals unit, is now able to raise prices, and demand for crop protection products has rebounded in North America, Bayer said.

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TRYCHEM FZCO (Brenntag AG company)

Headquartered in Dubai, Trychem operates out of the Jebel Ali Free Zone. Trychem offers its business partners a wide range of products and value added services such as filling services (bulk, IBC, drums, cans, bags), and mixing and blending, as well as technical support and services for various industries within the Life Science, Environmental and Material Science sectors.

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Spotlight

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