InovisCoat GmbH sets up business at the Bayer Chemical Park in Leverkusen: From photographic paper to medicated plasters
New applications for traditional coating process.
Wednesday - February 8, 2006, Leverkusen – InovisCoat is the latest start-up company to locate to the Bayer Chemical Park network. InovisCoat GmbH markets a coating method globally that was originally developed in the photographic industry. With the aid of multicoating technology, up to ten different layers can be applied to a substrate simultaneously. Fields of application are the life sciences, materials science and nanotechnology. InovisCoat has recently set up business from its new office and laboratory premises at the Bayer Chemical Park in Leverkusen. At the current time the company employs three people and plans in the medium term to take on more staff.
“With the triumphal march of digital photography, color negative films and paper are needed less and less. Their manufacturing process is so highly developed, however, that InovisCoat looked for new areas where it could be used,” says Managing Director Dr. Jörg Siegel. And with success: At the moment the fledgling company is developing an analgesic plaster that releases active ingredient layer for layer over several days. The technology could also be used to manufacture innovative filter systems for use in catalytic converters for cars, for instance.
Siegel looks forward to the future with optimism: “At the Bayer Chemical Park in Leverkusen our company is integrated into a high-performance economically attractive and all-encompassing infrastructure. The Bayer Chemical Start-Up Initiative established by Chemical Park operator Bayer Industry Services (BIS) offers us the right conditions for success on the market.”
Bayer Industry Services (BIS) is the operator of the Bayer Chemical Park network with sites in Leverkusen, Dormagen, Krefeld-Uerdingen and Brunsbüttel. More than 50 manufacturing and service companies, including the three operational subgroups of Bayer AG, enjoy the benefits of being located in Germany’s largest chemical park network. With approximately 6,800 employees, BIS provides ideal conditions for business with a variety of product networks and a comprehensive portfolio of services. These include environmental and technical services, environmental protection and safety, utilities, waste management, analytics, training and further education. BIS also offers some of these services to customers outside of the Chemical Parks.
Additional information about BIS and the Bayer Chemical Parks is available at www.bayerindustry.com.
This news release contains certain forward-looking statements based on current assumptions and forecasts made by the management of Bayer Industry Services GmbH & Co. OHG (BIS). These statements may be marked by words like “believe”, “assumes” or “expects”. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of BIS, or the actual realization of plans or projects described in this news release, and the explicit or implicit estimates given and/or the assumptions made herein. These factors include those discussed in any public reports about BIS filed by the Bayer Group with the Frankfurt Stock Exchange or with the U.S. Securities and Exchange Commission (including Form 20-F). The company assumes no liability whatsoever to update these forward-looking statements or to bring them into conformity with future events or developments.
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