Bayer Flashcards
who started the compamy
dye salesman Friedrich Bayer and master dyer Johann Friedrich Weskott found the general partnership
1881-1914?
grew into large international chemical company
WW1
largely cut off from its major export markets, and sales of dyes and pharmaceuticals drop accordingly
WW2
-began losing foreign assests and patents again
-
1950
company was allowed to acquire foreign affiliates as well. At first the United States and Latin America were the focus of these activities.
19th Century development
development of polyurethane chemistry, new crop protection products, fibers such as the polyacrylonitrile fiber Dralon, the thermoplastic Makrolon®, new dyestuffs for synthetic fibers and many other inventions all contributed to the company’s expansion.
Oil Crisis
- ended economic miracle
- prices for chemical raw materials based on oil had risen astronomically.
Felix hoffmann
- reduced its side effects by reacting salicylic acid with acetic anhidride
esterification
-phenolic OH group in salicylic acid is replaced with an ester functional group
uses of aspirin
-pain relief
headaches
stroke prevention
aspirin preventing strokes
platelets less sticky leads to less clotting
divisions of bayer in USA
- pharmecuticals
- consumer health
- crop science
- animal health
countries
Bayer Group comprises 241 consolidated companies** in 79 countries throughout the world
2016 sales
34.943 billion euro 41.3 billion usd
2017 sales
35.015 billion euro 42.5 billion usd
