Bayer CropScience to step up investments to grow sales to ?10-bn in 2015

摘要

Bayer CropScience said it is on track to grow annual sales towards ?9-bn in 2013 and towards ? 10-bn in 2015. "Since 2007 we have continuously expanded our business with record sales, and we are optimistic about the future development," said Bayer Crop-Science CEO Mr. Liam Condon at the company's annual press conference in Monheim, Germany. Against the background of strong demand for its products, the company is adding ?l-bn to its investment programme, bringing total capital expenditures for the period 2013 to 2016 to approximately ?2.4-bn. Production volume of key active ingredients for crop protection products is expected to increase significantly, the company said.